Oxford spin-out Oxford Advanced Surfaces halts investment in VISARC technology.
Oxford Advanced Surfaces (OAS) has suspended investment in its nanoparticle-based anti-reflection VISARC technology, following a strategic review.
The Oxford University spin-out, founded in 2006, will now focus its efforts into its Onto technology platform moving forwards.
The firm simultaneously announced pre-tax losses increased by 15% to £932k during the first six months of 2013, and posted revenues of £3k compared to £69k from the same period during 2012.
ORA Capital Partners and commercialisation firm the IP Group are OAS’s major…
