March 3, 2011

PE Hub

Alfalight Inks Deal with In-Q-Tel

Alfalight Inc., a developer of high-performance laser diodes and hand-held infrared and visible laser systems, has sealed a strategic investment and technology development agreement with In-Q-Tel. Terms of the deal were not released. In-Q-Tel is a not-for-profit investment firm that works to identify technology to support the missions of the U.S. intelligence community.

PRESS RELEASE
Alfalight, Inc., a leading developer of high-performance laser diodes and handheld infrared and visible laser systems, today announced a strategic investment and technology development agreement with In-Q-Tel (IQT), the independent strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community. This partnership advances Alfalight’s development of high-performance, man-portable military laser systems. The agreement builds upon Alfalight’s established core semiconductor laser technology, which includes high efficiency, high brightness, and wavelength stabilization, combined with advanced electro-optics and integrated control methodologies, to deliver mission-critical solutions to IQT’s customers.

“Alfalight’s proven high-performance diode laser technology integrated with novel electro-optics provides a uniquely valuable capability for our government partners,” said William Strecker, Executive Vice President of Architecture & Engineering and CTO of IQT. “Our strategic investment in Alfalight will accelerate the development and availability of its products and technologies to both public and private sectors.”
“Our partnership with In-Q-Tel enables the expansion of Alfalight’s technologies into important governmental applications,” said Mohan Warrior, President and CEO of Alfalight. “We are proud to support the mission of IQT by providing ground-breaking new products to better serve the intelligence and defense communities.”

About Alfalight
Alfalight, Inc., based in Madison, Wisconsin, is an established manufacturer of advanced high-power diode laser products based on core technologies that include high efficiency, high brightness, and wavelength stabilization. Our products include components, laser subsystems, and handheld infrared and visible laser systems, many of which are qualified to demanding military, aerospace, or telecommunications standards. Our fully vertically-integrated factory is entirely based in the US, with capabilities spanning laser device design, compound semiconductor processing, device packaging, and electro-optical assembly, to deliver rugged, turnkey electro-optical components and systems. For more information, visit www.alfalight.com. IQT
In-Q-Tel is the strategic, not-for-profit investment firm that works to identify, adapt, and deliver innovative technology solutions to support the missions of the U.S. Intelligence Community. Launched in 1999 as a private, independent organization, IQT’s mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. Working from an evolving strategic blueprint defining the Intelligence Community’s critical technology needs, IQT engages with entrepreneurs, growth companies, researchers, and investors to deliver technologies that provide superior capabilities for the CIA and broader U.S. Intelligence Community. To learn more about IQT, visit www.iqt.org.

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