Pike Street Capital Announces Investment in Apollo Optical Systems
Summary
Based in the greater Rochester, NY area, well-known as an innovation hub for optics technology, AOS serves OEM customers in the industrial metrology, VR, commercial, LED lighting, medical instrument, automotive sensor and LIDAR, and defense markets.Pike Street brings extensive operational and investment experience in the optics technology sector, and the AOS investment will serve as a foundation from which to further expand into the market. AOS was founded in 2002 by Dr. G. Michael Morris, an industry expert in diffractive and micro-optics technology in both research and commercial applications. This is a marketplace we know well and we believe strongly in its growth potential.The principals at Pike Street have led, operated, and invested in previous successful investments in the optics sector, including Radiant Vision Systems and Zemax, now owned by Konica Minolta and Ansys, respectively.It was important for us to find a partner with demonstrated success in our field, and a shared vision for the future of the business, said Dr. Michael Morris, Founder and CEO of AOS. The firm targets sectors serving professional customers and B2B growth where it has relevant investing and operating experience, including industrial technology, specialty manufacturing, distribution & logistics, and business services.About Apollo Optical Systems Based in West Henrietta, NY, Apollo Optical Systems (AOS) was founded in 2002 by Dr. G. Michael Morris, a renowned industry expert in diffractive and micro-optics technology in both research and commercial applications. AOS builds on Dr. Morris expertise, partnering with customers throughout the product development cycle - from design to prototyping to final manufacturing and assembly of optical components and systems.