High-performance fibre optic component producer LightPath Technologies has announced the signing of a follow-on agreement with another US group, Corning Incorporated, outlining specification criteria …
High-performance fibre optic component producer LightPath Technologies has announced the signing of a follow-on agreement with another US group, Corning Incorporated, outlining specification criteria and delivery expectations for LightPath“s large beam collimators for the next two years. LightPath announced in May 2000 that it had been selected as the primary supplier of the customized collimator built specifically for Corning. So far, LightPath has shipped orders for the collimators worth around US$ 1 million. Under the terms of this agreement, deliveries for the next 12 months are projected to be approximately US$ 3.3 million with delivery levels for the following 12 months to be determined at a later date.