SYRACUSE — Syracuse–based Ephesus Technologies, LLC is moving forward with its expansion plans. The company’s efforts were among the projects submitted to the state as part of Central New York’s regional economic development plan last year. But Ephesus was not among those chosen for funding as part of the process, which involved a competition among […]
SYRACUSE — Syracuse–based Ephesus Technologies, LLC is moving forward with its expansion plans.
The company’s efforts were among the projects submitted to the state as part of Central New York’s regional economic development plan last year. But Ephesus was not among those chosen for funding as part of the process, which involved a competition among 10 regions around the state for a limited pool of aid.
The firm did win a $150,000 grant from Empire State Development. And, in recent weeks, the company found out it will receive $200,000 from the New York State Energy Research and Development Authority (NYSERDA) and $50,000 through the Commercialization Assistance Program at the Syracuse Center of Excellence.
The funding will allow Ephesus to push ahead with its growth strategy, President Joe Casper says. The company is commercializing its own line of LED lighting fixtures as well as a next-generation LED chip in partnership with Group4 Labs of Fremont, Calif.
Ephesus plans to relocate its headquarters later this year from the Tech Garden in downtown Syracuse to a 10,000-square-foot space in the Radisson section of the town of Lysander. The facility will also house manufacturing space, Ephesus Chairwoman and CEO Amy Casper says.
Joe and Amy Casper co-own the company.
The company’s current lighting products are suited for applications such as warehouses, parking garages, and manufacturing floors, among other things. One of its lights has been certified through the DesignLights Consortium, a group of energy- efficiency organizations and utilities aiming to raise awareness of efficient lighting.
The certification will provide a boost for Ephesus since it will allow customers using its lights to qualify for rebates and other incentives, Joe Casper says.
The firm is also on the verge of introducing a new product for use in street lighting applications, Joe Casper adds.
Ultimately, the company’s largest potential market is on the LED chip front, he says. That’s because the components could be used in Ephesus’ own lights, but also sold to other lighting companies.
The overall market for LED chips potentially totals in the billions of dollars, according to Ephesus. The company says its chip is expected to lower the cost of its own fixtures by 30 percent.
In addition to the new chip, Ephesus is working with Onondaga Community College and Clarkson University on creating an intelligent lighting system. The NYSERDA funding will go toward that work.
The system will eventually be able to monitor the status and condition of the lights and handle tasks like dimming automatically, Joe Casper says.
Along with the state funding, the company is exploring options for outside investment, Amy Casper says. The firm is looking at partnering with venture-capital firms and angel investors, she says.
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SYRACUSE — Syracuse–based Ephesus Technologies, LLC is moving forward with its expansion plans.
The company’s efforts were among the projects submitted to the state as part of Central New York’s regional economic development plan last year. But Ephesus was not among those chosen for funding as part of the process, which involved a competition among 10 regions around the state for a limited pool of aid.
The firm did win a $150,000 grant from Empire State Development. And, in recent weeks, the company found out it will receive $200,000 from the New York State Energy Research and Development Authority (NYSERDA) and $50,000 through the Commercialization Assistance Program at the Syracuse Center of Excellence.
The funding will allow Ephesus to push ahead with its growth strategy, President Joe Casper says. The company is commercializing its own line of LED lighting fixtures as well as a next-generation LED chip in partnership with Group4 Labs of Fremont, Calif.
Ephesus plans to relocate its headquarters later this year from the Tech Garden in downtown Syracuse to a 10,000-square-foot space in the Radisson section of the town of Lysander. The facility will also house manufacturing space, Ephesus Chairwoman and CEO Amy Casper says.
Joe and Amy Casper co-own the company.
The company’s current lighting products are suited for applications such as warehouses, parking garages, and manufacturing floors, among other things. One of its lights has been certified through the DesignLights Consortium, a group of energy- efficiency organizations and utilities aiming to raise awareness of efficient lighting.
The certification will provide a boost for Ephesus since it will allow customers using its lights to qualify for rebates and other incentives, Joe Casper says.
The firm is also on the verge of introducing a new product for use in street lighting applications, Joe Casper adds.
Ultimately, the company’s largest potential market is on the LED chip front, he says. That’s because the components could be used in Ephesus’ own lights, but also sold to other lighting companies.
The overall market for LED chips potentially totals in the billions of dollars, according to Ephesus. The company says its chip is expected to lower the cost of its own fixtures by 30 percent.
In addition to the new chip, Ephesus is working with Onondaga Community College and Clarkson University on creating an intelligent lighting system. The NYSERDA funding will go toward that work.
The system will eventually be able to monitor the status and condition of the lights and handle tasks like dimming automatically, Joe Casper says.
Along with the state funding, the company is exploring options for outside investment, Amy Casper says. The firm is looking at partnering with venture-capital firms and angel investors, she says.
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SYRACUSE — Syracuse–based Ephesus Technologies, LLC is moving forward with its expansion plans. The company’s efforts were among the projects submitted to the state as part of Central New York’s regional economic development plan last year. But Ephesus was not among those chosen for funding as part of the process, which involved a competition among […]
SYRACUSE — Syracuse–based Ephesus Technologies, LLC is moving forward with its expansion plans.
The company’s efforts were among the projects submitted to the state as part of Central New York’s regional economic development plan last year. But Ephesus was not among those chosen for funding as part of the process, which involved a competition among 10 regions around the state for a limited pool of aid.
The firm did win a $150,000 grant from Empire State Development. And, in recent weeks, the company found out it will receive $200,000 from the New York State Energy Research and Development Authority (NYSERDA) and $50,000 through the Commercialization Assistance Program at the Syracuse Center of Excellence.
The funding will allow Ephesus to push ahead with its growth strategy, President Joe Casper says. The company is commercializing its own line of LED lighting fixtures as well as a next-generation LED chip in partnership with Group4 Labs of Fremont, Calif.
Ephesus plans to relocate its headquarters later this year from the Tech Garden in downtown Syracuse to a 10,000-square-foot space in the Radisson section of the town of Lysander. The facility will also house manufacturing space, Ephesus Chairwoman and CEO Amy Casper says.
Joe and Amy Casper co-own the company.
The company’s current lighting products are suited for applications such as warehouses, parking garages, and manufacturing floors, among other things. One of its lights has been certified through the DesignLights Consortium, a group of energy- efficiency organizations and utilities aiming to raise awareness of efficient lighting.
The certification will provide a boost for Ephesus since it will allow customers using its lights to qualify for rebates and other incentives, Joe Casper says.
The firm is also on the verge of introducing a new product for use in street lighting applications, Joe Casper adds.
Ultimately, the company’s largest potential market is on the LED chip front, he says. That’s because the components could be used in Ephesus’ own lights, but also sold to other lighting companies.
The overall market for LED chips potentially totals in the billions of dollars, according to Ephesus. The company says its chip is expected to lower the cost of its own fixtures by 30 percent.
In addition to the new chip, Ephesus is working with Onondaga Community College and Clarkson University on creating an intelligent lighting system. The NYSERDA funding will go toward that work.
The system will eventually be able to monitor the status and condition of the lights and handle tasks like dimming automatically, Joe Casper says.
Along with the state funding, the company is exploring options for outside investment, Amy Casper says. The firm is looking at partnering with venture-capital firms and angel investors, she says.
