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FPCE
Florida Photonics Center of Excellence (FPCE)
The FPCE was established with a $10 million grant from the State of Florida to create a new center of excellence within The College of Optics and Photonics at the University of Central Florida. The program began in July, 2003 with three primary goals:
The focus of the FPCE research and education work is on the technologies of nanophotonics, biophotonics, advanced imaging and 3D displays, and ultra-high bandwidth communications, all of which have forecasts of rapid market growth. The $10M state grant is being used for three purposes:
The Photonics Center adds an important new dimension to UCF's internationally renowned The College of Optics & Photonics. "This new center provides essential resources needed to expand our photonics efforts into the growing areas of nanophotonics, biophotonics, advanced imaging and 3D displays, and ultra-high bandwidth communications," says Dr. Eric Van Stryland, Dean of CREOL & FPCE, The College of Optics & Photonics.
All of the FPCE programs are still underway as of April 2006. All financial and schedule milestones have been met to date. Progress to date includes the following:
Economic Impact
There have been significant industry spinouts from the technology areas covered by the FPCE. Five companies, FemtOptics, Optigrate, CoSci Technologies, Light Processing Technologies, and Raydiance have been started, with Raydiance being the most mature. Raydiance Inc., in a very short time period of time, has developed into a 38+ employee company with an average salary of ~$62K and is expanding. To date, Raydiance has received over $15M in funding, including $10M in venture capital in the third quarter of 2004, which was the largest investment in North America that quarter.
The financial return to date on the $10M state grant totals $30,168,876, made up of the following:
Other measures:
UCF Personnel additions related to FPCE
We have to date hired five new faculty members in the FPCE technology area of nanophotonics. The latest addition is Dr. Dennis Deppe, formerly at the University of Texas, Austin, as a Chaired Professor in Nanophotonics. We have an ongoing search for a Chaired Professorship in Biophotonics. Dr. James E. Pearson, was hired as Director, Research & Administration to serve as a liaison to Florida photonics industry, and to help with FPCE and CREOL management.
Integration of the mission of the FPCE with all levels of the K-20 education system