Company’s efforts to produce diamond materials crystallizing“We estimate the addressable market for high-performance diamond materials to be $600 million today with strong potential to surpass $4 billion over the long term,” said Evans. They will also be crucial to making optical elements for next-generation spectrometers, beam splitters, synchrotrons and something called x-ray free-electron lasers. Specific processes studied have included diamond chemical vapor deposition, amorphous carbon deposition, semiconductor etching and microwave-generated plasma discharges operated as ion and radical sources. Before that, he was an executive at several technology companies and from 1984-1996 was a group leader at the Air Force Research Laboratory in Dayton, Ohio. “We know one thing for sure, we’ll have our own building in the next month,” he said. It plans to license future MSU patents, to file its own patents, and to pursue joint patents involving federally funded research and development contracts. Currently, the company must buy the diamond crystals used in its SBIR and STTR projects from suppliers in Japan, Russia and Europe.
Article from Crain’s Detroit Business.