FAST FACTS
FOUNDER(S):
David Crouse
Thomas James
Michael Crouse
INNOVATION(S):
Nanotechnology
Energy Technologies/Renewable Energy
EMPLOYEES:
6
HEADQUARTERS:
New York, NY
FOUNDED:
2003
TSC MEMBER INSTITUTION(S):
City University of New York (CUNY)
FUNDING AGENCY(S):
Department of Energy
National Aeronautics and Space Administration
National Science Foundation
STATUS:
Private
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PHOEBUS OPTOELECTRONICS
ABOUT THE COMPANY:
Phoebus Optoelectronics was founded in 2003 to transition technology and commercialize nanotechnology, metamaterials, photonic and optical devices developed by the founders and the researchers at the Metamaterials Laboratory at the City College of City University of New York (CUNY). Pheobus has received over $5M in funding from a variety of sources, including SBIR/STTR grants, other government grants and contracts and industrial contracts. Pheobus has grown over the last year with the addition of three engineers to bring our team up to six full-time employees. Pheobus is currently developing advanced solar cells, hydrogen generating and methanol generating devices, bio sensors, chemical sensors, and infrared imaging systems. Pheobus has partnerships with numerous government agencies and large defense companies and is in discussions with several sets of venture capitalists for a large investment.
UNIVERSITY-BASED RESEARCH CONNECTION:
Pheobus was founded to transition technology and commercialize technology developed within the Metamaterials Research Laboratory at City College lead by Professor David Crouse. Initially, a large majority of the basic research and development was performed within CUNY while Pheobus performed business related tasks. As Pheobus has grown, it has increased its own technical staff to a total of 6 scientists and engineers and currently performs two-thirds of the research and development tasks within the company and subcontracts to CUNY about one-third of the R&D tasks. Pheobus participates in the programs offered by the CUNY Center for Advanced Technology in Photonics Applications (CUNY CAT). The CUNY CAT supports industry/ university collaborative projects leading to the transfer of technology to industry and the generation of economic impact. Participating in the programs offered by the CUNY CAT has allowed Phoebus to be capitol efficient and perform quick, cost effective research and development.
ROLE OF FEDERAL RESEARCH FUNDING:
The Metamaterials Laboratory had received some seed grants from the National Science Foundation and the Army Research Laboratory that helped to fund preliminary research and development on the technology that would become Phoebus’s first commercialized device. This federal funding allowed Phoebus to have initial data on the technology that made its proposals for funding more competitive and successful than the average proposal submitted by small technology companies.
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THOMAS JAMES