|Executive Summary:||NanoLambda is developing Spectrum SensorTM, an ultra-compact, low-cost spectrometer-on-a-chip, based on novel plasmonic nanowire arrays.
Each pixel of the Spectrum SensorTM chip detects a predefined wavelength of light from an input source, yielding a spectral fingerprint for each material being imaged.
Unlike expensive and bulky conventional solutions, the nanoLambda’s high resolution spectrometer-on-a-chip enables non-invasive, multi-target, real time and continuous monitoring capability at a ultra compact size, only a few mm*mm, and at very competitive cost, lower by multiple magnitude of order than competition through the standard wafer process.
While initial applications are expected to be high-resolution RGB color sensing, the sensor will also be used for chemical detection, blood diagnostics, biochips and wearable health monitors.
As a key component to these markets, it is anticipated that the total addressable market for the spectrometer-on-a-chip will be over $1 billion in 2012.
Company’s revenue is anticipated to start in 2009 with $5 million. It will grow to $33.8 million in 2010 and will go over $100 million by 2012.
NanoLambda was founded in 2005, as a spin off company of the University of Pittsburgh.