Pelican Imaging Corporation, a Mountain View, CA-based developer of computational cameras for the mobile market, received an undisclosed strategic investment from In-Q-Tel (IQT), the firm that identifies innovative technology solutions to support the mission of the U.S. Intelligence Community.
In addition, the two companies signed a technology development agreement.
Pelican solves the problems of poor image quality and a stagnating feature set faced by smartphone manufacturers and consumers by introducing a novel camera architecture coupled with patent-pending software algorithms. It results in a powerful technology that provides advantages in critical camera performance parameters including low-light sensitivity, dynamic range, white balance, anti-shake, near focus, and low-power photography – while continuing to enable high resolution, ultra-thin cameras.
Commenting on the deal, Aman Jabbi, CEO of Pelican Imaging, said: “This partnership allows Pelican to continue on its path to commercializing miniature cameras and enabling strategic imaging applications”.
FinSMEs
29/07/2010