NEWS Novel camera lowers cost of high-speed imaging
Scientists at Heriot-Watt University in the UK are working to commercialise an experimental high-speed camera. Te compressive coded rotating mirror
(CCRM) camera achieves full colour, HD resolution at millions of frames per second. Te work is published in Scientific Reports. Dr Xu Wang, the inventor of the technology and an associate professor in the Institute of Photonics and Quantum Sciences at Heriot-Watt University, commented: ‘Te most significant limit of existing high-speed cameras is poor resolution at high frame rate, coupled with high cost. Our ground-breaking
Cognex tops $1bn in 2021, with logistics key
Cognex recorded revenue of $1.037bn last year, the first time the company has exceeded a billion dollars in annual revenue. Te result represents an increase of 28 per cent over 2020, and 43 per cent over 2019. Logistics was particularly important
for Cognex last year, growing by approximately 65 per cent year-on-year, becoming the company's largest end market for the first time. Cognex’s business also recovered in
the broader factory automation market, most noticeably the automotive industry. An exception was consumer electronics, where revenue was modestly lower following a substantial investment year in 2020. Robert Willett, CEO of Cognex, commented: 'We believe the trends driving the adoption of machine vision technology are stronger than ever as manufacturers look to automate a broadening range of industrial tasks.' Operating income on a GAAP basis was
30 per cent of revenue compared to 21 per cent for 2020. Cognex also invested a record $135m, or 13 per cent of revenue, in RD&E during 2021. Te company continued to expand
its sales force and invested in business systems related to its sales process to help it scale for future growth. Te firm's fourth quarter 2021 revenue
was $244m, up by 9 per cent from Q4-20 and down 14 per cent from Q3-21. Cognex believes revenue in Q1-22 will
be between $265m and $285m, which at the mid-point represents low double-digit growth over Q4-21.
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camera technology provides an affordable market solution that delivers ultra high speed without compromising high resolution, thanks to its superior design and lower manufacturing cost.’ Te camera is being commercialised with
funding from Scottish Enterprise’s High Growth Spinout Programme. Dr Xu Wang added: ‘Tis funding will accelerate the commercialisation of our research to create a product capable of disrupting existing and new markets. Te support of the enterprise team provides an incredible opportunity to build a profitable, industry-leading business
at pace that is focused on driving further innovation in the field of camera technology.’ Te team at Heriot-Watt has identified
applications in scientific research – in biomedical science, engineering and combustion research – and in industries such as rail transportation, manufacturing, medicine and quantum photonics. Te paper's authors state the camera’s
integrated optical encoding and compression functions add a strong layer of data encryption, making it suitable for capturing highly sensitive data, or for those with limited transmission and storage capacities.
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