Advanced Photonix Announces Terahertz Development Contract

Advanced Photonix, Inc. (NYSE: API), announces that its subsidiary, Picometrix, has received a follow-on $600,000 Phase II government contract from NASA for further development of a computed tomography terahertz scanner accessory designed for single-sided inspection of spacecraft and launch vehicle composite structures. This contract, a Small Business Technology Transfer award, encourages small businesses to partner with non-profit research institutions to jointly develop new technologies for commercialization. For this contract Picometrix partnered with the University of Michigan Electrical Engineering and Computer Science department specializing in CT.