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Company Profile: nanoLambda

Session: Nanotech Ventures
Starts at: 13:30
Bill Choi
CEO, NanoLambda
Company Profile: Spectrometer-on-a-chip based on plasmonic nano-optic device

Summary NanoLambda is developing Spectrum SensorTM, an ultra-compact, low-cost spectrometer-on-a-chip, based on novel plasmonic devices. Each pixel of the Spectrum SensorTM chip detects a predefined wavelength of light from an input source, yielding a spectral fingerprint for each material being imaged. Unlike expensive and bulky conventional solutions, the nanoLambda’s high resolution spectrometer-on-a-chip enables non-invasive and multi-target monitoring capability at an ultra compact size, only a few mm*mm, and at very competitive cost, lower by multiple magnitude of order than competition through the standard wafer process. While initial applications are expected to be high-resolution color sensing, the sensor will also be used for chemical detection, blood diagnostics, biochips and wearable health monitors. As a key component to these markets, it is anticipated that the total addressable market for the spectrometer-on-a-chip will be over $1 billion in 2012. NanoLambda was founded in 2005, as a spin off company of the University of Pittsburgh and has been funded by NSF, TTC(The Technology Collaborative), Innovation Works and Pittsburgh Life Science Greenhouse. Technology/IP The patent pending initial technology is exclusively licensed from University of Pittsburgh which has been developed over the past several years by Dr. Hong Koo Kim’s team at University of Pittsburgh. Multiple additional NanoLambda patents have been filed for new structures, methods and applications since incorporation. Potential Markets Initial target market is high resolution color sensing/measurement markets for consumer electronics, biochip, food and cosmetic applications. In the longer term, the same ‘spectrometer-on-a-chip’ platform technology can also be applied to wearable/mobile health monitoring and multiple gas/chemical detection markets. Development strategy NanoLambda’s development strategy is all about collaboration with established players in our targeted markets of interest to reduce the time to market and to provide customers with the best product possible. We are working with these parties from concept development through commercial release. Management Bill, CEO, spent 17 years with Samsung Electronics as a senior engineer, project manager, and a director in sales/marketing/strategy areas. Bill also has experience with two start-up companies in optical/SoC areas. John Park, a former CEO of Samsung electronics, is on our Board of Directors. Business Model NanoLambda is pursuing to become a fabless “nano” company, selling the Spectrum SensorTM chips to electronics system vendors or module vendors, and manufacturing products using fabrication services from partner companies. Value Proposition The customer validated value proposition for NanoLambda’s Spectrum SensorTM with 10nm resolution in a 5mm x 5 mm x 2mm package for a cost lower by multiple magnitude of order than competition makes previously unimaginable embedded spectroscopic sensing available for personal and everyday applications, opening up huge new markets. Competition Many of current optical spectrometer or module vendors and researchers are trying to further miniaturize the devices using conventional diffraction optics technologies. Sizes are still too big for embedded solution and costs are too high. Strategic partnership NanoLambda is in talks with CMOS/CCD detector vendors, color expert companies, nanofabrication service providers, and potential product /application customers in Europe, Asia and US to establish strategic partner relationships. Reference

Presentation ID: NTNE2008-486