OPEL Completes Refitting of Molecular Beam Epitaxy System Damaged by Hurricane Sandy

OPEL Technologies Inc. ("OPEL" or "the Company") announces that it has made significant progress in rehabilitating OPEL's research and development facilities located in Storrs, Ct. following the extensive damage caused by Hurricane Sandy.

The Molecular Beam Epitaxy (MBE) System used in gallium arsenide wafer production was the most damaged and required a virtual rebuild. The MBE has now been fully refitted and is completing its "burn-in" cycle. A sample testing procedure will commence following which the MBE System is expected to be declared operable and ready to be placed online. Although severely impacted by the MBE failure, this quarter's milestone still appears on track to be met. Once on-line wafer production begins, producing wafers for the continuance of the BAE Systems military IR Sensor proof of concept project due for completion later this year will take precedence.

OPEL is pleased to announce that while refitting of the MBE was underway; virtually all of the R&D facility's build out work was finalized, enabling the installation of additional new equipment. The first of the four new research devices arrived and was installed several weeks ago. A second unit has arrived and now awaits a factory installation team. The remaining two units are due to arrive early June to be ready for installation, trial and acceptance testing.

Opel also notes that its PR and IR activities with Atomic Public Relations, LLC. and Grayling Communications, Inc. are progressing very well. With OPEL's assistance, each firm has rapidly grasped OPEL's product development goals and marketing strategy, then began aggressive development of programs designed to meet OPEL's marketing and are already showing signs of positive impact.

In parallel with the PR and IR implementation, OPEL's monetization activity continues at a rapid pace. A confidential due diligence report detailing the evolution of the POET Platform with the addition of research and development's latest trial data points will be completed within the quarter. The business development white paper will be made available under Non-Disclosure Agreement ("NDA") to potential prospective partners and IP Licensees only.

A facilities tour is scheduled immediately following the Annual General Meeting on June 21, 2013 in Storrs, Ct. to provide a firsthand view of the facilities' accomplishments and POET's progress.

Source: http://www.opelinc.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.