1. Articles from masshightech.com

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    1. West Coast-based Volcano opens East Coast HQ in Billerica

      West Coast-based Volcano opens East Coast HQ in Billerica
      San Diego-based medical software and imaging systems maker Volcano Corp. sees the Bay State as a promising place to do business and will be expanding its research and manufacturing footprint in Massachusetts, as it makes the Bay State its East Coast headquarters. In December, Volcano bought out 90-strong Axsun Inc. of Billerica for $21.5 million. Privately held Axsun primarily made systems to monitor signal quality for the telecommunications industry. However, its portfolio also included medical lasers and optical engines that relied on optical coherence tomography.
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    2. Newton Photonics wins NSF grant for new glucose meter

      The National Science Foundation has awarded a nearly half-million dollar grant to startup Newton Photonics Inc. to create a non-invasive optical sensor capable of continuously monitoring a patient’s glucose levels. The NSF made the $480,000 Phase 2 Small Business Innovation Research (SBIR) award on Nov. 3, explained the Newton-based company’s co-founder Shmuel Halevi. The firm specializes in making biophotonic sensors. The NSF cash will fund the company’s effort to create the glucose-monitoring instrument using proprietary Optical Coherence Tomography (OCT) technology. Currently, no company has released to market a glucose monitor using OCT. Existing technologies from larger ...
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