NEWS 2007
[06/16/2007]
Prime Minister's Prize Awarded to CEO of QD Laser, Inc.
Prime Minister's Prize Awarded to CEO of QD Laser, Inc., a Mitsui Ventures portfolio, for Contribution to Cooperation among Industry, Academia and Government.
The initiative of QD Laser, Inc. (”QDL”), a portfolio company of Mitsui Ventures, is heralded by the Japanese Government as the single most remarkable achievement in the past year in the promotion of cooperation among industry, academia and government, and Dr. Mitsuru Sugawara, President & CEO of QDL has been awarded Prime Minister’s Prize for the Contribution to Cooperation among Industry, Academia and Government. The Prize was presented at the Sixth Conference for the Promotion of Collaboration among Industry, Academia and Government held in Kyoto on June 16, 2007 to Professors Yasuhiko Arakawa and Yoshiaki Nakano of the University of Tokyo as well as Dr. Sugawara, for their research and development regarding photonic network technology and formation of a carved-out venture originating from university technology.
QDL is a start-up company established in April 2006 by Mitsui Ventures and CVC Fund of Fujitsu Ltd., to commercialize optical devices incorporating quantum dot lasers based on the quantum dot technology developed through collaboration between Fujitsu Ltd., Fujitsu Laboratories, and the University of Tokyo (Laboratory of Professor Arakawa).
| Company | QD Laser Inc. |
|---|---|
| Business | Development, production, and marketing of high-performance quantum dot lasers and optical devices |
| Management and Board of Directors |
*President & CEO - Dr.Mitsuru Sugawara (Fujitsu Laboratories, Limited) *Executive Vice President - Kiyoshi Ohkubo (Investment Partner, Mitsui Ventures) *Board Director - Seiichi Yoshikawa (Fujitsu Laboratories, Limited) *Board Director - Nobuhide Yamaguchi (Fujitsu Limited) *Board Director - Osamu Nagao (CEO, Mitsui Ventures) |
| Establishment | Scheduled for April 2006 |
| Capital | 290 million yen *Includes capital reserves. Fujitsu and Mitsui Ventures will invest in increments, with Fujitsu’s ownership ratio to be 61%, and Mitsui Ventures’s to be 39% through its fund. |
| Company Location | Kudankita 1-14-17-5F, Chiyoda-ku, Tokyo 102-0073, Japan (inside Mitsui Ventures office) |
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