With the $200,000 award, it is hoped the partnership can explore new approaches to driving GaN to higher levels of efficiency. The aim is to broaden the range of operating wavelengths from those obtainable on current LEDs grown on sapphire.
Revenues for the quarter were $550 million and the cash balance at the end of the third quarter was $367 million, compared to $256 million at the end of the prior quarter. The increase in cash over the quarter is primarily due to $137 million of cash generated from operations.
The firm says, "Our strong cash position and cash flow from operations will allow us to execute share repurchases while retaining the flexibility to continue to invest in other opportunities to grow our business."
ABI Research's recent study "Microwave and Millimeter Wave High-Power Vacuum Electron Devices: Successfully Holding Off the Gallium Nitride Threat" will be of interest to a number of markets. These include organizations involved in defense electronic, energy and scientific research, and spacecraft electronics, as well as VED manufacturers.
The firms' Mass Flow Controllers (MFCs) come with a software tool called FlowTune which can be hooked up to the RS232 port of a lap-top. This should enable flow changes during epitaxial growth; a big step forward.