INVESTMENTS IN
EARLY STAGE COMPANIES
SPECTRA SYSTEMS PRODUCTS FOR AUTHENTICATION AND SECURITY LEVERAGE CORE TECHNOLOGY CAPABILITIES IN A NUMBER OF DISCIPLINES:
- Optical Physics
- Chemical synthesis, and
- Hardware and software engineering
As part of our efforts to increase shareholder value, we have undertaken efforts to invest in early stage companies which are in high value businesses such as healthcare, biotechnology and energy. We target opportunities where we can provide in kind services and use our stock to minimize the cash components of our investments.
The first of these investments is Solaris BioSciences, an early stage company focused on the development of technologies capable of detecting changes in nanoparticle transport through extremely small amounts of bio fluids to determine viscosity and detect molecular species of interest on timescales of minutes. Target molecules include such as viral RNA, at levels which may not require PCR amplification, proteins and antibodies. This first investment leverages our expertise in laser systems and compact mechanical and optical designs and will leverage world class biotechnology collaborations with Brown University school of Engineering and the Brown University Medical School.
