Two municipalities in California will get efficient, long-lasting LED streetlights and pay for the installation through energy and maintenance savings.
Consumer LED bulbs that now cost $40 could be cut to $5 within a few years if silicon-based LED manufacturing technology scales, says Bridgelux.
LED light source maker Bridgelux expects to start making LED chips on silicon wafers in about two years, a technology transition meant to cut LED lighting costs.
Company says it has demonstrated the production of LED light chips on silicon, an effort that could ultimately result in cheaper energy-efficient light fixtures.
California start-up Bridgelux has expanded its line of "lights on a chip" which it sells to lamp and bulb companies, making LED more viable based on energy savings.
Bill Watkins makes the leap from disk drives to LEDs at start-up Bridgelux, where he plans to attack the general lighting market with low-cost manufacturing.
The maker of technology to produce energy-efficient lighting adds to more than $31 million raised in previous rounds.
Bridgelux is building a new kind of lighting that turns your ceiling into a network of smart devices. CEO Bill Watkins has bet his first-class seat on it.
LED lights can come in different forms: Bridgelux develops a snap-in system for lighting appliances it says will help bring down the costs.
LED light maker Bridgelux has designed a snap-in connector for LED lights that can be upgraded for better efficiency, light color, or maybe even wireless communications.