Transcript Document 7363095

Infotonics . . . bridging the gap,
Idea to Commercialization
Arts & Cultural Council for Greater Rochester
Innovation Conference
Science, Technology & Economics: Creating a Culture of Innovation
March 17, 2006
David R. Smith, President & CEO, Infotonics Technology Center
This presentation will discuss
• The business model of Infotonics
• The technology focus of Infotonics
• Progress toward economic growth of the Region
Infotonics Technology Center
NY State Center of Excellence in Microsystems
Innovation
Market
Bridging the “Valley of Death”
DLP, … the technology behind state-of-the-art HDTV
50”
TI Digital Micromirror Element
.001”
Samsung
DLP TV
Ant’s leg
.02”
Digital
Micromirror
Array
10”
1”
Packaged Digital
Micromirror Device
Digital Light Processing (DLP TM)
Engine
We take creativity further . . .
transforming ideas into commercial solutions
Our job is not done until the microsystems
solution is in the marketplace creating
economic growth and jobs for NY State
We get research ideas for new market
opportunities from many sources
•
•
•
•
•
Industry,…existing NY State companies
Federal Agencies,…NASA, DoD and the likes
National Labs
Universities
Entrepreneurs, internal & external to Infotonics
…all of which can lead to creation of economic value
and high-tech jobs
All of these sources for research ideas face similar
barriers to commercialization
Barriers to Commercialization
include access to:
Infotonics Counter Measures
Early seed funding
Infotonics significantly reduces
the risk for early investors
Prototyping Resources &
Design for Mfg. Expertise
Our prototypes are designed to
be manufacturable
Commercialization Support
Services
Our Commercialization Center
provides req’d support services
Venture Capital Funding
Working, manufacturable device
reduces venture investment risk
Pilot Production facilities
Infotonics, a shared, open facility
no one company could afford
Any one barrier can become a Showstopper!
• Without Early Seed Funding, there is no Prototype
• Without a Prototype, there is no Venture Capital $
• No Venture Capital, No Commercialization
• No Commercialization, No value creation & no jobs
. . . welcome to the ‘Valley of Death’
Collaboration helps to
remove barriers
…is in the
Miniaturization Business
We are miniaturizing optical, fluidic, biochemical, and/or
mechanical systems on a microchip along with
microelectronics
Our product is a MICROSYSTEM, electronics on a chip plus more
…is in the
Commercialization
Business
We are a market-driven R&D business to commercialize
MICROSYSTEMS technology
Market segments of particular interest include
Information &
Communications
Biomedical
Homeland
Security
Defense &
Aerospace
With barriers removed, commercialization happens!
e.g. Thermal Gradient
“IDEA”
Concept
Sketch
functional
prototype &
mfg. recipe
venture capital
Microsystem
design
prototype
problem
solving
feasibility demo
grant awards
NEW
COMPANY
JOBS!!!!
With barriers removed, university
research gets commercialized
Technology developed at Clarkson
University under a research grant from
Infotonics will be licensed to Ferro
Corporation, a global supplier of
Chemical Mechanical Planarization
(CMP) wafer polishing slurries to the
semiconductor industry
With barriers removed, Spin-off Companies are born
November ’05, just 14 months after Infotonics opened
for business . . . two Spin-off “stars” were created
 Sensivida – minimally invasive allergy testing
Spectral Sight – hyperspectral imaging
Minimally Invasive
Allergy Testing
THE CHALLENGE
Allergy testing today is an invasive,
manual process
• Skin prick test
• Intradermal test
• Skin patch test
THE SENSIVIDA SOLUTION
Less invasive allergy test:
• minimizes pain, severity of reaction
• reduces risk of infection & spread of disease
• quantifies reaction versus allergen
• reduces risk of mistakes
• automates and improves procedure efficiency
• lowers procedure cost
Glucose/Glycemic Monitor
THE CHALLENGE
US cost of diabetes estimated @ $132B affecting
14M people in US, 140M worldwide
Insulin resistance leading cause of obesity
affecting 2/3 of US population
Today’s methods are inconvenient to patients,
requiring periodic finger pricking
Least acceptable to active youth and elderly
There is a high need for a fully automated sensor
able to store & retrieve sugar levels
THE SENSIVIDA SOLUTION
Patient
Wearable patch/watch with an array of
programmable actuators and sensors
Sensors periodically sample blood
according to patient’s needs
sensors
No blood is extracted, data is
automatically recorded
actuators
Mini Hyperspectral Imager Module
Spectral Sight
Mini Hyperspectral Imager Module
Sample 45xd
4/14/05
R. Smith
Seeing what the eye doesn’t see
“Best FAB…east of the Mississippi”
-Sandeep Akkaraju--CEO, IntelliSense Software
Averaging 15 years industry experience
Complete solutions
accelerating product development
under one roof
Comprehensive
microfabrication &
device packaging
capabilities
Infotonics’ next GRAND challenges
•
Be designated as a DHS Center of Excellence for Smart Sensor
Systems
– Smart Sensor Systems…ubiquitous sensors that detect, analyze,
decide, and act on pending threats…thwart terrorists
– Major opportunity for NY State to become the focus of Homeland
Security technology jobs
•
Lead effort in Smart Technologies for ProstheticS “STEPS”
– Integrated sensing and computational technologies, to help amputees
and orthopedic patients rehabilitate and regain mobility
– Collaboration with NYS VA hospitals, St Joseph’s Children Hospital
and orthopedic authorities
•
Collaborate with Brookhaven National Labs to commercialize
key Health, Energy and Homeland Security Technologies
Add one slide showing the future site plan
Summary
• We remove barriers to bridge the “Valley of Death”
• We are an economic development engine for NY
State
• We transform R&D innovations into commercial
solutions, landed in the market place
• We create economic growth and high-tech jobs by
growing existing companies or launching new
ones
• We assure economic growth by providing access
to commercialization services
“The Rochester region has the
elements necessary to build an
entrepreneurial fire….”
Infotonics’ Recipe for Innovation
• Focus on an Emerging Technology of the 21st century
• Innovate applications that fill a compelling market
need
• Prototype the application to demonstrate feasibility
• Commercialize
Our Partnership with NY State is Essential
• We are focused on an emerging technology of the 21st century,
. . . Microsystems
• Market demand for the technology is $5.6B, growing at 20%/yr
• Off-shore competition to seize this growth is fierce
Asia & Europe are “not about to let the United States lead in this
technology in the 21st century.”
• Off-shore competitors are aggressively funded with government
investment to prevail
• Our partnership with NY State helps to “level the playing field”
Infotonics VISION
The Infotonics Technology Center will be “The National
Center” of Applied Microsystems . . .
and will drive economic
development results that emulate the high-tech
economic success achieved in Silicon Valley.
Contact Information
David R. Smith
CEO and President
Infotonics Technology Center
5450 Campus Drive
Canandaigua, NY 14424
[email protected]
Phone:
585-919-3001
FAX:
585-919-3011
Richard B. Jarman
Eastman Kodak Company
Infotonics Technology Center
[email protected]
Phone:
202-857-3470
FAX:
202-857-3401