Already in March 2016, the business idea had been awarded at the StartUp-Impuls ideas competition of the Sparkasse Hannover and the hannoverimpuls GmbH in the “Going Global” category. Furthermore, in November 2016, scientists of the LZH received funding through the EXIST research transfer program of the German Federal Ministry of Economic Affairs and Energy. “With this support we were able to further develop our research findings for the foundation of the company. Startups like ours, which require extensive development works in preparation of the foundation, would not be possible without this funding”, says CEO Dr.-Ing. Thomas Theeg.
Optimum conditions for high-tech startups
Before, the FiberBridge Photonics team had been working in the Laser Development Department of the LZH for ten years, and collected extensive competences and experiences in the field of glass fiber components and fiber-based laser systems. “We encourage our employees to develop business ideas, and offer startups the opportunity to test their business model here while keeping the investment costs at a low level before they leave the LZH at some point”, explains Dr. Dietmar Kracht, Executive Director of the LZH, the entrepreneurial culture at the institute. Prior to FiberBridge, already 17 spin-off companies of the institute had been established in the region of Hannover, and created about 500 jobs.
In their search for financing options and in preparing the EXIST proposal, the LZH scientists were supported by hannoverimpuls. The business development agency of the city and region of Hannover is dedicated to strengthening Hannover as a business through transferring innovations from science.
Flexibly combinable glass fiber components of almost any shape
The FiberBridge Photonics team will now enter the world market with a highly innovative and competitive product portfolio. The optical properties of their glass fiber components and fiber modules, which are manufactured semi-automated using CO2 laser radiation, match perfectly because all products come from a single source. Customers select for example their individual wavelength and fiber type, and, moreover, can flexibly combine various components. Both small, medium and large production volumes are available, with a high reproducibility.
Thus, entirely new possibilities in terms of system performance and economic efficiency are opening up for many industrial sectors, such as for example laser manufacturers. There is a high demand: The customers need precise, reproducible and cost-efficient components for their laser and light guiding systems. As of late, these products can be purchased via www.fiberbridge-photonics.com.