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MEMS in the Spotlight with Sandia's spinoff "MEMX"
Source/Type:
Reported News
October 5, 2000... Microelectromechanical
systems (MEMS) processing technology has been waiting backstage,
in the wings, for many years. It has direct applications to next
generation optical switching applications, thus it is especially
exciting news that Sandia National Labs is making what they term
"a bold and important move" to push MEMS into the commercial spotlight.
Many compound semiconductor industry players have MEMS processing
in their strategic plans. While the term "MEMS" is primarily
used in the US, in Europe the reference is "microsystem technology"
and in Asia "micromachines." The devices produced merge computation
with sensing and actuation to essentially change the way we perceive
and control the physical world.
Sandia is spinning off the core of their impressive
MEMS work into a stand-alone commercial startup called "MEMX." The
new company's CTO will be headed by none other than Sandia's MEMS
guru and primary catalyst, Paul McWhorter and will be headquartered
in Albuquerque, NM. Joining McWhorter in the MEMX initiative are
Sandia researchers Jeff Sniegowski, Sam Miller, and Steve Rogers.
Sniegowski and Rogers developed the five-level MEMS technology.
MEMX was organized by TMA Ventures of Denver, Colo., an enterprise
specializing in the commercialization of high technology. Sherman
McCorkle, president of Technology Ventures Corporation of Albuquerque,
also played an instrumental role in the founding of the company
and Michael McIntosh and Patti Pickell of TMA Ventures will join
McWhorter as the company's startup management team. In addition
to this being a smart move for Sandia all the way around, note that
MEMX is a brilliant name as it phonetically tells what it does,
and the four letters make an obvious Nasdaq stock symbol (which
is currently is not taken). Those who want or need background information
on MEMS are referred to the entire
Sandia press release which carries complete details, and Europe's
EMSTO
website has excellent background information on MEMS developments,
worldwide.
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