About Micro-LAM
Micro-LAM’s patented laser-assisted diamond cutting tool system seamlessly bolts onto existing CNC machine tools to soften and heat the target material at the diamond tip as it cuts and finishes the surface. This allows unparalleled precision and efficiency inmachining high-tolerance, hard-to-machine materials used in optics, consumer electronics, defense, automotive and aerospace. The company is a Western Michigan University spin-out.
Key Accomplishments
- Secured SBIR awards from NSF
- NSF Phase I for $168,717
- NSF Phase II for $1,188,661
- Exports to 19 countries
- Opened UK subsidiary
- Raised $7.6 million in equity financing
- 25 full-time employees
- 2019 billings – $5.1 million
Michigan SBDC Assistance
Tech Team Consulting
- SBIR/STTR Proposal Writing
- Business Plan Development
- Investor Presentation
- Marketing
- Technology Licensing
- Technology Road-Mapping
- Financial Modeling
Emerging Technologies Fund
- SBIR/STTR Proposal Writing
- Business Plan Development
- Investor Presentation
- Marketing
- Technology Licensing
- Technology Road-Mapping
- Financial Modeling
Business Accelerator Fund
- SBIR/STTR Proposal Writing
- Business Plan Development
- Investor Presentation
- Marketing
- Technology Licensing
- Technology Road-Mapping
- Financial Modeling
Additional Support From
- SBIR/STTR Proposal Writing
- BUsiness Plan Development
- Investor Presentation
- Marketing
- Technology Licensing
- Technology Road-Mapping
- Financial Modeling
Published October 2020.
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