Finland’s Modulight Awarded Government Contracts to Develop Next Gen Opto Components

Modulight, Inc. of Tempere, Finland,
has been awarded contracts by their government to develop next generation optical
components for high performance telecommunication systems. Part of the funding
comes from National Technology Agency of Finland (Tekes). “We have a number
of promising young companies in the field of optical communications, and Modulight
certainly excels in MBE processing of high-end quality components. Tekes wishes
to share the risks associated with Modulight’s challenging projects, because
we believe in the strong and inevitable growth of optical communications despite
the recent global decline
“, says Dr. Knuuttila, Programme Manager in Tekes.
Adding to that, Dr. Petteri Uusimaa President & CEO of Modulight said, “We
are very pleased to see that Tekes has decided to support our vision especially
now that government funds are scarce
. The programs aim at supporting
our long-term research plans and ease us to proceed faster towards new interesting
applications for transmitter and receiver technologies
.” Tekes, Finland’s
National Technology Agency, finances research and development (R&D) projects
of companies and universities in Finland. The funds are awarded from state budget
via the Ministry of Trade and Industry. The impact of Tekes activities is felt
in Finland as increasing exports, a broader industrial base, more jobs and an
improvement in the general welfare of society. Tekes also coordinates and finances
Finnish participation in international technology initiatives. Tekes and its
technology programs offer excellent channels for cooperation with Finnish key
players in R&D. Tekes has a network of Technology Counselors in USA, Japan and
Brussels whose aim is to increase technological cooperation.