Advanced Photonix aims for 30 percent growth, signs new contracts

Wednesday, January 14, 2009 | Source: Concentrate
It's been a fast ride to growth for Advanced Photonix and its Picometrix subsidiary (a University of Michigan spin-off).

The Ann Arbor-based business employed about 30 people in 2005. It has a staff of more than 160 employees and the occasional summer intern today. AP even has a couple of positions open right now, looking for people who specialize in optical engineering.

"We've grown tremendously in the last four years," says Richard Kurtz, CEO of Advanced Photonix.

The technology firm keeps aiming high, reaching for 30 percent revenue growth each year for the foreseeable future.

Advanced Photonix specializes in making optimum electronic semiconductor sensors. These sensors are used by a wide variety of fields, ranging from homeland security's search for WMDs to eye scanners for the healthcare industry. Meanwhile, Picometrix focuses on making sensors for the telecommunications industry, one of the firm's most promising new sectors.

Picometrix has also done work with NASA, which is also reupping with the company's technology this year.

Source: Richard Kurtz, CEO of Advanced Photonix
Writer: Jon Zemke
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Higher Education, University Of Michigan 

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  • Advanced Photonix
    2925 Boardwalk
    Ann Arbor, MI 48104 Website
    Since relocating its headquarters from California to Michigan in 2006, Advanced Photonix and its U-M spin-off subsidiary Picometrix have been growing like gangbusters. The company, 170 strong, expects to add another 100 positions over the next three ...
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