UAVenture Capital (UAVC), a Tucson-based investment fund, has announced its investment in CMLaser Technologies, Inc., its 15th portfolio investment in just over two years, the company said.
CMLaser Technologies, Inc, a Wyant College of Optical Sciences technology, intends to commercialize laser-based counter measures for both military and non-military aircraft.
The invested funds from UAVC will be utilized to further University of Arizona patented technologies designed to provide aircraft-based counter measures capable of detecting and defeating a missile born attack.
UAVenture Capital is a venture capital fund dedicated to the University of Arizona commercialization of discovery products, technology and services.
