Pilot Photonics Raises €300k in Funding

Pilot Photonics Ltd., a spin-out company built on the work of research teams in Dublin City University and the Tyndall National Institute in Cork, recently raised €300k in funding.

Backers included Enterprise Ireland and AIB Seed Capital Fund.

The company intends to use the capital to commercialize its optical networking technology, which has the potential to increase the speed of the Internet.

Led by CEO Dr Philip Perry and Dr Frank Smyth, Pilot Photonics is developing technology that allows more information to be packed into existing optical fibres by cleverly bonding together several data channels in the fibre, cutting down on wasted bandwidth. Their first product to enable these so called “Super Channels” is an Optical Wavelength Comb Source.

FinSMEs

07/05/2012

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