• Branchburg, NJ 08876, USA

Magneton Inc. Awarded Funding through NEMC PROPEL Program

Branchburg, NJ, November 5, 2025 — Magneton Inc. was one of 10 small businesses and startups awarded funding through the Northeast Microelectronics Coalition (NEMC) 2025 Powering Regional Opportunities for Prototyping Microelectronics (PROPEL) program to aid in commercializing their advanced infrared SPADs. This investment accelerates Magneton’s ability to innovate, prototype and scale cutting-edge semiconductor technologies while helping to strengthen domestic supply chains and drive U.S. leadership in microelectronics.

Learn more about the announcement: https://nemicroelectronics.org/news/northeast-microelectronics-coalition-awards-137-million-10-semiconductor-companies

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Magneton Inc. Announces Phase II SBIR Award from the Office of The Secretary of Defense to Build an Advanced SPAD

Branchburg, NJ, August 8, 2025 — Magneton Inc., which specializes in commercializing advanced III-V optoelectronic technologies, announces a Phase II Small Business Innovation Research (SBIR) award from the Office of The Secretary of Defense to fund to development of a single-photon avalanche detector (SPAD) for mm-accurate multi-kHz satellite and lunar laser ranging at 1030 nm.

The detector designed in the Phase I SBIR will be built and tested in collaboration with the National Geospatial Intelligence Agency. 

Matthew Peart, PhD, president of Magneton Inc., notes, “This Phase II effort will allow us to push the limits of infrared SPAD technology. This project will not only advance satellite and lunar ranging, but also have wider implications for spectroscopy, LiDAR, and cutting-edge quantum technologies.”

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Magneton Inc. Receives New Jersey Catalyst R&D Voucher Award

Branchburg, NJ, May 16, 2025 — Magneton Inc., which specializes in commercializing advanced III-V optoelectronic technologies, announces a Catalyst Research and Development (R&D) Voucher awarded by the New Jersey Commission on Science, Innovation and Technology (CSIT).

In collaboration with Princeton University’s Princeton Materials Institute, Magneton will perform vital process optimization and product testing at Princeton’s Micro/Nanofabrication Center (MNFC), which is their state-of-the-art cleanroom. Access to these capabilities will allow Magneton to accelerate product development using Princeton’s advanced nanofabrication process tools.

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Magneton Inc. Awarded New Jersey SBIR-STTR Direct Financial Assistance Program Bridge Funding Grant

Branchburg, NJ, May 16, 2025 — Magneton Inc., which specializes in commercializing advanced III-V optoelectronic technologies, announces a Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Direct Financial Assistance Program Bridge Funding Grant awarded by the New Jersey Commission on Science, Innovation and Technology (CSIT).

The funding will permit Magneton to continue work on its advanced single-photon avalanche detector (SPAD) product to bridge the gap between Phase I and Phase II SBIR funding.

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Magneton Inc. Awarded Phase I SBIR Award from the Office of The Secretary of Defense to Develop an Advanced SPAD

Branchburg, NJ, May 15, 2024 — Magneton Inc., which specializes in commercializing advanced III-V optoelectronic technologies, announces a Phase II Small Business Innovation Research (SBIR) award from the Office of The Secretary of Defense to fund to development of a single-photon avalanche detector (SPAD) for mm-accurate multi-kHz satellite and lunar laser ranging at 1030 nm.

The Phase I technical package will encompass the design of a gated, Geiger-mode single photon avalanche diode detection head and signal conditioning electronics, including quenching circuit and time-walk compensation logic.

This technology will provide satellite and lunar ranging stations capabilities for ranging at infrared wavelengths enabling daytime ranging capabilities and enhanced performance.

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