Ophir Optronics

Ophir Optronics

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Ophir Optronics is a multinational company
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...

 which sells optronics solution
Solution
In chemistry, a solution is a homogeneous mixture composed of only one phase. In such a mixture, a solute is dissolved in another substance, known as a solvent. The solvent does the dissolving.- Types of solutions :...

s. The company develops, manufactures and markets infrared (IR) optics and laser
Laser
A laser is a device that emits light through a process of optical amplification based on the stimulated emission of photons. The term "laser" originated as an acronym for Light Amplification by Stimulated Emission of Radiation...

 measurement equipment.
Founded in 1976, the company has been traded on the Tel Aviv Stock Exchange
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange in Tel Aviv is Israel's only stock exchange.The TASE is the only public market for trading securities in Israel. It plays a major role in the Israeli economy....

 since 1991, and is a constituent of its Tel-tech index.
Headquartered in the Har Hotzvim
Har Hotzvim
Har Hotzvim , also Campus of Science-Rich Industries is a high-tech industrial park located in northwest Jerusalem, Israel. It is the city's main zone for science-based and technology industries, among them Intel, Teva, Amdocs, NDS, Ophir Optronics, Sandvine, Radware and IDT Global Israel...

 industrial park
Industrial park
An industrial park is an area zoned and planned for the purpose of industrial development...

 in Jerusalem, Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

 Ophir owns a 100000 square feet (9,290.3 m²) complex that includes the group's main production plant. Ophir has additional production plants in North Andover, Massachusetts
North Andover, Massachusetts
North Andover is a town in Essex County, Massachusetts, United States. North Andover is the home of Merrimack College, a private, Catholic four-year institution ....

 and Logan, Utah
Logan, Utah
-Layout of the City:Logan's city grid originates from its Main and Center Street block, with Main Street running north and south, and Center east and west. Each block north, east, south, or west of the origin accumulates in additions of 100 , though some streets have non-numeric names...

 in the US and sales offices in the US, Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

 and Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

.
In 2006, Ophir acquired Spiricon Group, a US-based company in the beam-profiling market. Ophir's sales increased sharply from $45 million in 2005 to $74 million in 2007.
During 2007, Ophir established a Swiss-based subsidiary (Ophir Optics Europe GmbH) to market lenses and components for surveillance and imaging systems in Europe.

Ophir Photonics Group
The group manufactures, calibrates and sells a complete line of laser measurement instruments for analyzing and measuring laser power, energy, beam profile and spectrum used in industry, telecom, medical and scientific research. Products include reliable and accurate laser power and energy meters, laser beam diagnostic instrumentation, laser measurement tools and spectral analysis instruments, which comply with NIST calibration.

Infrared Optics Group
The Infrared Optics Group designs and produces optical lenses and elements for military, security and commercial markets. All manufacturing is done in-house, using automated CNC and patented Diamond Turning
Diamond turning
Diamond turning is a process of mechanical machining of precision elements using lathes or derivative machine tools equipped with natural or synthetic diamond-tipped tool bits...

 technologies.
Ophir has expanded its optical and mechanical design department to offer lens assemblies and broadened its product lines to include the design and manufacture of optical elements for high power lasers used in industry for laser cutting
Laser cutting
Laser cutting is a technology that uses a laser to cut materials, and is typically used for industrial manufacturing applications, but is also starting to be used by schools, small businesses and hobbyists. Laser cutting works by directing the output of a high-power laser, by computer, at the...

and welding machines.

3-D Non-Contact Measurement Group (Optimet)
Optical Metrology Ltd., an Ophir subsidiary, has developed new non-contact 3-dimensional measurement systems using its patented conoscopic holography technology. Optimet sensors provide extremely precise 3-D measurements for applications in the motor, dentistry, electronics, steelworks, mechanics and aviation, quality control, in-process inspection and reverse engineering industries.

In July 2008, the FIMI fund invested $23.5 million in Ophir in exchange for five million
shares of the company and 1.75 million warrants, exercisable within five years at $5.75 each.

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