Spectro and Lockheed Martin Sign Licensing Agreement

Spectro Inc. and Lockheed Martin recently signed an exclusive licensing agreement for Lockheed Martin's LaserNet Fines (LNF) fluid imaging and classification technology. The agreement will enable Spectro to enhance its present fluid analysis products and develop and manufacture new offerings based on the desktop, off-line version of LNF. Lockheed Martin will retain all rights with respect to its LaserNet Fines-Online fluid imaging and classification technologies and will continue to grow the product line.

LNF uses a pulsed laser diode, a digital charged coupled device (CCD) camera and advanced pattern recognition software to classify particle shapes while also providing accurate counts of particles larger than 4 microns. Lockheed Martin and the Office of Naval Research developed LNF to identify the type, severity and progression of mechanical wear issues by measuring the size distribution, rate of progression and shape of wear debris in lubricating oil.

"LaserNet Fines technology determines particle size, shape and rate of occurrence, and also provides other fluid condition data, creating an important diagnostic tool for maintaining and improving equipment performance," said Brian Mitchell, Spectro Inc. president and CEO. "We will continue to work closely with Lockheed Martin as they focus on expanding the LaserNet Fines technology for in-line and on-line applications."

LNF technology is currently a component of Spectro’s LNF Q200 analyzer, a desktop unit that provides particle size, count and shape data as well as viscosity information. The LNF Q200 has gained wide acceptance in Spectro’s core fluid condition-monitoring markets.

"LaserNet Fines is operational at sea, in factories and laboratories around the world," said Colleen Arthur, director of Integrated Defense Technologies for Lockheed Martin's Mission Systems and Training business. "Lockheed Martin is committed to growing its LaserNet Fines-Online product for continuous sampling of fluids for condition-based maintenance and other opportunities as they arise."

For more information, visit www.spectroinc.com.