OCTLIGHT Receives EU SME Phase 1 Grant

OCTLIGHT has for the second time been selected as one of the beneficiaries of the Horizon 2020 EU SME Instrument. Read the official press release here.

With the project “Innovative Swept Source for next generation OCT devices” OCTLIGHT will participate in Phase 1 of the instrument, granting the company €50,000 to be used for exploring and assessing the commercial potential of our technology.

This time around, the project will focus on developing a business plan for our second OCT product line, Ozzy, which utilizes our MEMS-VCSEL technology. The technology is currently being developed in our Eurostars funded project focusing on demonstrating MHz SS-OCT for wide-field Ophthalmic imaging.

The outcome will be a more solid understanding of the technology’s market potential as well as integration with the current market. This will benefit end-customers with an unmatched value proposition for a step change in performance of Ophthalmic imaging.

We are very excited to undergo this project. Be sure to subscribe to our newsletter for more information on our development progress.