LONDON – Fabless inertial sensor vendor Qualtre Inc. (Marlborough, Mass.) has received a $3 million investment from a long-time, but undislcosed strategic partner. Qualtre said it has had a relationship with this partner for many years and that recent progress in the development of Qualtre's gyroscope sensor has stimulated the investment.
Qualtre uses bulk-acoustic wave (BAW) disks instead of the usual tuning-fork resonator used in most MEMS gyroscopes, technology that it licensed from the Georgia Institute of Technology. The company was also able to attract $10 million from venture capital firms Matrix Partners and Pilot House Ventures in July 2011. Qualtre is reported to have received a total of $36 million since its formation in 2008.
Qualtre, which is sampling MEMS gyroscopes to customers, said it would use the money for further development of its BAW sensor technology and create products for the mobile, automotive, and industrial markets. The BAW technology is said to show excellent performance in such areas as vibration immunity and drift. These features are good for a number of emerging applications including pedestrian navigation, location-aware service and optical image stabilization. The company claimed that the technology can drive a two-fold price/performance advantage over incumbent technologies in the high performance industrial and automotive markets.
"We are now showing the compelling value of our technology to key partners in multiple market segments, and they have been impressed and excited about the benefits it has in next-generation designs," said Edgar Masri, CEO of Qualtre, in a statement.
Related links and articles:
RF MEMS startup gains funds and veteran CEO
MEMS gyro harnesses bulk-acoustic wave
Intel and Qualcomm coauthor free MEMS standard
Welcome to SUV System Ltd!
SUV System Ltd is ISO 90012008 Certified electronics distributor with 10 years of experiences.
We have built up long term business relationship with about many companies which are stockers and authorized agents. we have a steady and reliable supply to meet customer's demands to the greatest extent .Confidently, we are able to lower your cost and support your business with our years of professional service.
SUV System Ltd is Electronic Components Distributor Supplies,Find Quality Electronic Components Supplies Products IC(Integrated Circuits),Connectors,Capacitor,Resistors,Diodes,Transistors,LED at Suvsystem.com. Sourcing Other Energy, Environment, Excess Inventory Products from Manufacturers and Suppliers at Suvsystem.com
SUV System Ltd insists on the managing faith ofsincereness,speciality,foresight, win-win,so we build up stable-relationship customers located all over the world, including the States, Europe, Argentina, UAE, Malaysia, Australia,and India etc
we are focus on the following fields,and hope we can help you.
CMF554K5300FEWF CMF554K5300FERE CMF554K5300FER8 CMF554K5300FER7 CMF554K5300FER6 CMF554K5300FEEB CMF554K5300FEEA CMF554K5300DHWF CMF554K5300DHRE CMF554K5300DHR8 CMF554K7000BEEA CMF554K7000BEBF CMF554K6400FKWF70 CMF554K6400FKWF CMF554K6400FKRE70 CMF554K6400FKRE CMF554K6400FKR870 CMF554K6400FKR8 CMF554K6400FKR770 CMF554K6400FKR7 CMF554K6400FKR670 CMF554K6400FKR639 CMF554K6400FKR6 CMF554K6400FKEK CMF554K6400FKEB70 CMF554K6400FKEB39 CMF554K6400FKEB CMF554K6400FKEA70 CMF554K6400FKEA CMF554K6400FKBF CMF554K6400FHWF CMF554K6400FHRE CMF554K6400FHR8 CMF554K6400FHR7 CMF554K6400FHR6 CMF554K6400FHEK CMF554K6400FHEB CMF554K6400FHEA CMF554K6400FHBF CMF554K6400DHWF