Science Research Laboratory, Inc

Description

SRL's objective is to preserve our culture of innovation. Traditionally, SRL has licensed its technology to organizations that have the expertise, assets and history of successfully productizing new technology. Recently, to extract the most value from the technology, SRL has spun-off Somerville Laser Technology ( www.slt-lasers.com ) to commercialize their high brightness laser diode (LD) technology. Such LD bars, when combined to produce kilowatts of optical power, have several applications including soldering, cutting, and welding. These applications have a combined multi-billion dollar market that is growing at 20% annually. A LD bar is a single device containing many individual emitters, and as a result emits considerably higher power per unit volume. Consequently a laser system that uses bars is much smaller in size, weight and cost than an equivalent number of single emitters if they are packaged properly. Somerville Laser Technology, using thermal management technology developed in part under DARPA funding, offers the highest power LD bars. SRL's commercialization strategy has always been to develop technologies under government and SBIR sponsorship and to transfer these technologies out into the private sector, principally by licensing its intellectual property (IP) to corporations that develop and/or improve products based on SRL's unique IP. SRL has a world-class competence in solid-state pulsed drivers, electron beams, lithographic sources, optical metrology, pulsed-electric-field (PEF) technology and stem-cell-isolation technology. Investment by SBIRs and private developers will continuously advance the leading edge of these technologies. No competition is likely in these areas until SRL's patents expire in 2023. The surrounding patents should protect the core technology for two decades and beyond. With a business model that is focused on converting technological opportunities into new products, SRL intends to maintain a technical core team of scientists and engineers who will develop its key technologies, while the company spins off the resulting commercial products for economic profit. This approach is consistent with the goals of the SBIR program, which is to fund small firms that are creative and develop innovative technologies, to be commercialized by the company or in collaboration with others. SRL has proposed technology programs to the government when it has found that the government's interest in developing technology coincides with SRL's interest in developing a commercially competitive product. SRL has enjoyed success in this regard by commercializing products in the areas of pulse power semiconductor lithography, optical diagnostics, interferometric instruments and electron beam processing. The investment made by the SBIR program in SRL has been extremely successful. To date, the total government investment in SRL, through the SBIR system, has been approximately $40 million. In return for this investment, the products that have been sold over that same period of time has yielded well over a billion dollars, and the resulting job creation has been over 1000 employees.

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