Momentum Optics, a Longmont-based startup leveraging semiconductor processing techniques
to develop an innovative manufacturing technology capable of producing optical components
about 10X less expensively and 5-10X faster than traditional methods, was awarded a $250,000
grant as part of the Colorado Advanced Industries Grant program.
Colorados’ Office of Economic Development and International Trade (OEDIT) made the
announcement on May 21, 2020.
“We're honored to be among a select group of startup companies chosen for this award,” said
Jeremy Goeckeritz, founder and CEO of Momentum Optics.
“The award will enable us to move our technology forward and prepare to enter the market; it
also represents a vote of confidence by the review committee and the state of Colorado. The
award will not only help with typical startup capital needs, but also opens the door to future
investors and capital, which is particularly important now as we embark on an investment round.
We look forward to entering the market and generating a positive economic return for the state
of Colorado.”
Momentum Optics is solving the problem of long lead-times for custom optical lenses, a pain
point for many companies as they seek a first-to-market advantage in an effort to capture early
market share and create brand awareness.
https://choosecolorado.com/7-3-million-advanced-industries-awards-fuel-27-colorado-start-ups/