Ephesus Technologies, a tenant of our supporting member The Tech Garden, unveiled a new chip for LED lighting that it plans to produce in New York State. According to news coverage at the Post-Standard, the company plans to graduate soon from the incubator into commercial space in nearby Lysander. More information is available from the company’s news release.
The company’s history is an instructive example in the power of family ties in startup formation by serial entrepreneurs. Ephesus was co-founded by Joe and Amy Casper. According to news coverage, Mr. Casper is a native of nearby Baldwinsville, and the couple returned there following the sale of a technology startup in Washington State in which they had been part of the founding team. From a complete startup, Ephesus has reached 16 employees and hopes to have 150 by the end of next year if its plans to manufacture in NYS come to fruition.
According to news coverage, the company credits its breakthrough in materials science to collaboration with several academic institutions and the Centers of Excellence supported by our sponsor the Division of Science, Technology and Innovation in Empire State Development (NYSTAR).
UPDATE: The website PhysOrg has substantial additional information about the company’s roots in the CNY region, including the founders’ ties to the Syracuse Lockheed Martin operation, and early residency in another of our member incubators, the Syracuse University CASE Center Incubator Program.