Financial/Market

Aixtron to Voluntarily Delist from NASDAQ

Financially ailing, German MOCVD equipment maker, Aixtron reported that it plans to voluntarily delist its American Depositary Shares (ADSs) from The NASDAQ Global Select Market. The company also said that it intends to deregister and terminate its reporting obligations under the Securities Exchange Act of 1934, as amended. Aixtron says …

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SILMARILS to Use Alpes Lasers’ QCLs

A number of chemical sensing companies working on the Standoff Illuminator for Measuring Absorbance and Reflectance Infrared Light Signatures (SILMARILS) program have selected Alpes Lasers SA of St-Blaise, Switzerland to develop and supply broadband Quantum Cascade Lasers. The SILMARILS program, which is managed by the U.S. Air Force Research Laboratory …

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DOE Announces SBIR/STTR Funding Opportunity

The US Department of Energy (DOE) published a funding opportunity for its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs.The funding opportunity announcement (FOA), which was originally issued on November 28, 2016, is for fiscal Year 2017 Phase I, Release 2 for SBIR and STTR Programs.Under …

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MDA Modifies Contract with Raytheon to Transition to GaN-based AN/TPY-2 radars

The U.S. Missile Defense Agency has  modified the contract with Raytheon of Tewksbury, Massachusetts to incorporate Gallium Nitride (GaN) components into existing and future AN/TPY-2 radars. The contract modification is to develop a process to ultimately transition from gallium arsenide (GaAs) technology to GaN technology. The GaN technology would further modernize …

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Northrup Grumman to Produce Additional G/ATOR LRIP Systems for U.S. Marine Corps

The U.S. Marine Corps awarded Northrop Grumman Corporation of Baltimore, Maryland USA, a contract to supply an additional nine AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR) low rate initial production (LRIP) systems. Northrop Grumman is already under contract to provide six G/ATOR LRIP systems, and the company plans to deliver the first system …

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Raytheon Gives Glimpse Into Future of Missile Defense

Raytheon Company of Andover, Massachusetts USA, has shown the U.S. Army a glimpse into the future of missile defense technology. The company provided the U.S. Army its vision for the next generation of air and missile defense radar. Raytheon supplied the technology and capability forecast to the Army as part …

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