NEWTON, Mass., July 27, 2018 /PRNewswire/ -- Dynasil
Corporation of America (NASDAQ: DYSL) today announced its Radiation
Monitoring Devices subsidiary (RMD) has received four Phase I
grants totaling $600,000 under the
U.S. Department of Energy's Small Business Innovation Research
(SBIR) and Small Business Technology Transfer (STTR) Programs.
"RMD continues to be recognized as a world leader in the areas
of scintillation, ceramics and augmented reality research," said
Peter Sulick, Dynasil's Chairman of
the Board, Chief Executive Officer and President. "These
awards underscore RMD's pivotal role in applying material science
and augmented reality to new detection and analysis methods for
high energy physics research, nuclear security and maintenance of
the U.S. electric grid."
RMD received Phase I grants in the following areas:
- Augmented Reality for Electric Grid Maintenance -
Maintaining the U.S. electrical grid requires highly skilled labor
to complete critical tasks. Rapidly increasing complexity
makes it extremely challenging for the workforce to be experts in
all the technical aspects and systems of the electrical
grid.
RMD is developing a revolutionary technology for grid maintenance
based on augmented reality assisted training that integrates
planning, management, training and operations aspects of remote
maintenance. Our technology will reduce the cost of
maintenance, enhance management capabilities, and improve accuracy
and speed, while reducing the time and expense of personnel
training.
- Photonic Crystals to Improve Scintillator Performance -
Improving scintillator brightness, as well as energy and temporal
resolution are essential elements for all radiation detection
applications, including nuclear non-proliferation, homeland
security, and classification of X-rays, gamma-rays, and
neutrons. Historically, increasing brightness requires the
development of new scintillator materials, which is a long and
expensive process.
RMD is developing an alternative approach that utilizes the novel
properties of nanostructures, such as photonic crystals, to
increase the amount of light extracted from the scintillator.
This approach does not require development of new scintillators,
but instead increases the effective brightness, energy resolution,
and the timing resolution of scintillators that are available in
the market today.
- Ceramic Materials for High Powered Lasers - Development
of high power laser systems is a very challenging task as the high
power requirements of the system significantly increases thermal
stress within the laser materials. These stresses lead to
negative effects such as birefringence, thermal lensing and
stress-fractures.
RMD's is developing a laser ceramic material with properties that
exceed those currently employed today. We will produce
ceramic based Yb-YAG disks with a radial gradient of dopant
concentration to minimize thermal gradients, which promises to make
possible the construction of high power lasers for nuclear
accelerator applications, defense, and industrial use.
- Ultra-Pure Superconducting Sensors - RMD is developing a
method to produce ultra-pure single crystals of superconducting
metals that will enable new, higher sensitivity high energy physics
experiments to be constructed and deployed. The experiments
will make it possible for physicists to better understand the
fundamental nature of the matter that makes up our universe.
The techniques we are developing can also be applied to other
materials to further innovations in nuclear physics studies.
"From the development of devices designed to increase the
maintenance efficiency and reliability of the U.S. electrical grid
to gamma-ray detectors that enable the next generation of high
energy physics studies, to new ceramic materials that will power
the next generation of high powered lasers, the Phase I research
projects we are embarking on through these SBIR/STTR Programs
embody some of the world's most pressing high energy physics and
energy production research needs," said Kanai Shah, Ph. D. President of Dynasil's RMD
subsidiary. "Dynasil is proud to partner with the Department
of Energy on these initiatives."
About Dynasil
Dynasil Corporation of America (NASDAQ: DYSL) develops and
manufactures optics and photonics products, optical detection and
analysis technology and components for the homeland security,
medical and industrial markets. Combining world-class
expertise in research and materials science with extensive
experience in manufacturing and product development, Dynasil is
commercializing products including dual-mode radiation detection
solutions for Homeland Security and commercial applications and
sensors for non-destructive testing. Dynasil has an
impressive and growing portfolio of issued and pending U.S.
patents. The Company is based in Newton, Massachusetts, with additional
operations in Massachusetts,
Minnesota, New Jersey, New
York and the United
Kingdom. More information about the Company is available at
www.dynasil.com.
Safe Harbor
This news release may contain forward looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements regarding future
events and our future results, including those relating to future
Infrared High Efficiency and DLC Coatings sales, are based on
current expectations, estimates, forecasts, and projections and the
beliefs and assumptions of our management. These
forward-looking statements may be identified by the use of words
such as "plans", "intends," "may," "could," "expect," "estimate,"
"anticipate," "continue" or similar terms, though not all
forward-looking statements contain such words. The actual
results of the future events described in such forward looking
statements could differ materially from those stated in such
forward looking statements due to a number of important factors.
These factors that could cause actual results to differ from those
anticipated or predicted include, without limitation, our ability
to develop and commercialize our products, the size and growth of
the potential markets for our products and our ability to serve
those markets, the rate and degree of market acceptance of any of
our products, general economic conditions, costs and availability
of raw materials and management information systems, our ability to
obtain and maintain intellectual property protection for our
products, competition, the loss of key management and technical
personnel, our ability to obtain timely payment of our invoices to
governmental customers, litigation, the effect of governmental
regulatory developments, the availability of financing sources, our
ability to identify and execute on acquisition opportunities and
integrate such acquisitions into our business, and seasonality, as
well as the uncertainties set forth in the Company's 2017 Annual
Report on Form 10 K, as filed on December
20, 2017 and from time to time in the Company's other
filings with the Securities and Exchange Commission. The Company
disclaims any intention or obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Contact:
Patty Kehe
Corporate Secretary
Dynasil Corporation of America
Phone: 617.668.6855
pkehe@dynasil.com
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SOURCE Dynasil Corporation of America