Light Blue Optics Announces Joint Development Agreement with Thales
**Joint agreement to develop miniature projection display products
for aerospace & defence applications**
** LBO’s patented holographic laser
projection technology ideally suited to safety critical applications**
CAMBRIDGE, England (Business Wire EON/PRWEB ) May 9, 2007 --
Light Blue Optics (LBO),
the industry-leading developer of miniature projection systems, today
announced a joint agreement to develop a range of display products with Thales,
the world-class aerospace & defence company. Under the agreement, LBO
will provide Thales with engineering samples of its miniature projection
system in a collaboration to produce advanced displays that meet the
high-performance and demanding safety requirements of cockpit
applications.
LBO’s patented holographic laser projection
technology delivers large, full-colour, high-quality video images
in focus at all distances – even on curved or
angled surfaces. LBO’s Director of Business
Development and co-founder Dr. Edward Buckley explained, “LBO’s
proprietary projection technology provides a range of benefits including
exceptional levels of brightness and a robust, lightweight optical
architecture that is highly tolerant to a range of microdisplay defects.
Such differentiating advantages make our technology ideal for use in
safety critical markets such as aerospace & defence and automotive.”
Bruno Vazzoler, Thales’ Vice President General
Manager of Cockpit Interactive Solutions said, “At
Thales, we are permanently looking for leading-edge technologies with
ground-breaking capabilities, and are therefore delighted to announce
this development agreement with Light Blue Optics. We have identified a
range of early revenue opportunities for LBO’s
technology and look forward to delivering these advances in display
technology to customers in the near term.”
Light Blue Optics’ CEO, Dr. Chris Harris
said, “This development is a strategic
collaboration that will bring LBO’s unique
command of holographic laser projection together with Thales’
unrivalled understanding of human interaction with information display
systems. Coupling our flexibility with Thales’
tremendous engineering capacity opens up a range of near-term
opportunities in aerospace & defence, and we anticipate it will form the
basis of a long-term relationship.”
Notes to Editors:
Light Blue Optics (www.lightblueoptics.com)
Light Blue Optics (LBO) is a dynamic, privately-owned company,
developing miniature projection systems.
LBO’s patented holographic laser projection
technology delivers large, full-colour, high-quality video images that
remain in focus at all distances. The technology’s
efficiency, small form factor, robustness and cost advantages make it
ideally suited for deployment in multiple markets including automotive,
digital signage, aerospace & defence and consumer electronics.
LBO is funded by a group of investors including 3i
plc, the FTSE 100 listed global venture capital firm.
About Thales (www.thalesgroup.com)
Thales is a leading international electronics and systems group serving
defence, aerospace and security markets worldwide, supported by a
comprehensive services offering. Thales offers a capability unmatched in
Europe to develop and deploy critical information systems. Thales
employs 70,000 people in 50 countries and generated revenues of €
10.3 billion in 2006.
See the original story at: http://eon.businesswire.com/releases/thales/light_blue/prweb524874.htm
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