Blue Lasers
MVIS paid Cree $2.5 million, if memory serves me, to support Cree's research into developing a blue laser. Cree reciprocated by buying shares in MVIS. What does the thread think of the following press release? Is MVIS just hedging their bets on blue lasers? Have they decided someone else is more likely to develop a commercial blue laser before Cree?
prnewswire.com
Microvision Makes Strategic Investment in Laser Development Company
Technology is Expected to Enable Laser-Scanning Projection Display Systems
BOTHELL, Wash., March 17 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS) today announced that it has made a strategic equity investment in Gemfire Corporation, a closely-held, Palo Alto, California-based developer of high-intensity laser light sources. Gemfire has developed proprietary technologies utilizing standard, low-cost components and planar processing techniques to enable volume production of high-brightness red, green and blue laser sources. |