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Gas deal. (Wall Street West).


SpectraSensors Inc SpectraSensors, Inc. is a manufacturer of optically based gas sensors for the industrial process and environmental monitoring markets. The company's sensor products measure the absorption of laser light at specific wavelengths to detect carbon dioxide and water vapor in industrial ., an Altadena-based developer of laser-based gas detection technology, raised $2 million in venture capital financing To start an own company or to bring a new product to the market, the venture may need to attract financial funding. There are several categories of financing possibilities. If it is a small venture, then perhaps the venture can rely on family funding, loans from friends  from Blueprint Ventures and Newport Beach-based Forrest Binkley & Brown, both previous investors in the company.

At the same time, SpectraSensors acquired the intellectual property of fiber optic components maker Tunable Photonics Corp. The company targets its products for homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security
Department of Homeland Security

executive department - a federal department in the executive branch of the government of the United States
, medical, and industrial applications. "The cash will be used for expanding our R & D and new product lines," said John Kelly, director of marketing at SpectraSensors.

SpectraSensors was founded in 1999 as a spin-off the NASA/Caltech Jet Propulsion Laboratory “JPL” redirects here. For other uses, see JPL (disambiguation).

Jet Propulsion Laboratory (JPL) is a NASA research center located in the cities of Pasadena and La CaƱada Flintridge, near Los Angeles, California, USA.
 in Pasadena.
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Author:Thuresson, Michael
Publication:Los Angeles Business Journal
Date:Jun 2, 2003
Words:99
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