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New imaging technology to potentially disrupt optical industry

Former Vancouver-based rare earths explorer Elissa Resources has in February rebranded as NexOptic Technology and turned its attention to developing cutting-edge imaging technology in cooperation with Calgary-based acquisition target Spectrum Optix.
NexOptic CEO Paul McKenzie explained to Engineering News in a recent interview that the company had identified a significant business opportunity in private technology development company Spectrum and for that reason, secured an option to acquire a 100% stake of Spectrum.