When you make the unbelievable believable, you change perception.
But when you make the unreal real, you rewrite history.
And this one team did just that.
That is what I want to share with you today.
In this week’s letter, I am sharing an update on our biggest portfolio company.
NexOptic Technology Corp
(TSX Venture: NXO)
(OTC: NXOPF) (Frankfurt: E3O) (Berlin: E3O)
Over the past year, we have covered this incredible story – a story of a Company that literally has revolutionized a technology that hasn’t changed in over 400 years.
If you haven’t read any of the reports, you can catch up through our latest Letter on NexOptic:
In short, NexOptic Technology Corp. has an option to acquire 100% of Spectrum Optix, a Company developing technologies relating to imagery and light concentration applications.
Spectrum’s core technology, the patent-pending Blade Optics™, contains flat lenses and aims to disrupt conventional lens and image capture-based systems.
This includes everything from telescopes to cameras and mobile devices, by creating a lens system that reduces the depth (relative to aperture size) currently required in many traditional curved lens stacks.
In Layman, the group has redefined the world of physics and discovered a game-changing way of compressing the traditional curved lens stacks required for optics through the use of “flat” surfaces instead of curved, and a square aperture instead of a circle
This technology represents a true paradigm shift in the world of optics.
A picture is worth a thousand words, so take a look:
Many subscribers are up big – especially those that invested during the time of our initial coverage when the stock was just C$0.34 less than a year ago.
Over the course of the past year, the Company has been making progress on its prototype.
And just a couple of weeks ago, on February 21, 2017, the Company announced that the prototype works:
“NexOptic Technology Corp. and Spectrum Optix Inc. of Calgary, Canada…are pleased to announce that they have completed assembly of their proof of concept telescope prototype lens stack and successfully captured its first set of unprocessed images of the moon.”
I believe this will soon be featured in every major scientific or physics magazine in the coming months and years.
As you already know, I also believe this discovery could give the inventors a shot at winning the coveted Millennium Technology Prize and maybe even the Nobel Prize for Physics.
And in exactly one month from now, the Blade Optics™ prototype will be revealed for the world to see.
As I mentioned in a previous letter:
“I have 5 exclusive VIP tickets for our readers to this event which will be made available by random draw once the Company announces the date. The event will be held in Vancouver, BC. I’ll have more details in the coming weeks. If you’re interested in attending, reply to this email with the subject line “NXO Launch” and we’ll put you down for an early draw to win a ticket.”
The event is now set for April 4, 2017, at the Vancouver Planetarium.
The theme of the evening is “Flattening the Telescope,” and will mark the Companies’ first step in transforming what they believe may redefine many additional optical applications by utilizing their patent-pending Blade Optics™ lens technology.
The event will be the first public unveiling of the Companies’ Blade Optics™ prototype, a disruptive telescope system which contains flat lenses, a square aperture and ~1:1 lens stack depth to aperture ratio — an unprecedented form factor compared to the much longer telescope lens stacks predominantly in use today.
The venue is completely booked but those of you who replied have already been put into a draw for the five remaining tickets.
The draw will close at midnight PST on March 8, 2017, so if you haven’t entered already:
Simply leave a comment below with the subject line “NXO Launch.”
A Sneak Peak
Today, I want to give you a sneak preview of the event from a more technical perspective.
I am sure by now you’re wondering how the prototype performs.
While the Company is holding off on releasing the set of images of the moon that they captured, we do have an idea of how good these pictures are.
Because NexOptic commissioned Larry McNish, past president of the Calgary Centre of the Royal Astronomical Society of Canada and a man who has won numerous awards in the field of astrophotography, to field test the prototype.
And I have been given permission by Mr. McNish to republish his evaluation for you here.
Here is his evaluation.
Evaluation of the NexOptic Prototype Telescope –
RASC Calgary Centre
By Larry McNish
The picture above shows myself with an equatorial telescope mount and a two telescope configuration.
The black box on the left is a telescope – the NexOptic Telescope (really!).
Although only 5 inches “thick” it has a focal length and field of view similar to the
Celestron 5 inch (127 mm) diameter Schmidt-Cassegrain telescope on the right.
Evaluation of The NexOptic Telescope
On February 7th I was invited to travel to Tucson, Arizona to evaluate and take astrophotographs through the world’s first fully-functional prototype of a totally new advanced optical system.
I had never heard of a telescope like this one, which was designed and built by NexOptic Technology Corp. (“NexOptic”) (TSX-V: NXO) (OTCQB: NXOPF) and Spectrum Optix Inc. of Calgary, Canada, (with the assistance of Ruda Cardinal Inc.).
- A square objective which is neither a round objective lens nor a reflective mirror?
- An objective focal length of ~1460 mm in a package only 12.7 cm (5 inches) thick?
After a quick meeting with Rob Cardinal (who many of you Calgary RASC people know from his discovery of two comets using the Rothney Observatory’s Baker-Nunn telescope), I was absolutely convinced I had to try out this new design.
Over the next 3 days, I had the opportunity to work with the NexOptic scope and it’s companion scope (shown above), setting them up, taking them down, transporting them around, and imaging daytime and nighttime objects.
Each scope was fitted with identical FLIR (formerly Point Grey Research, Inc.) BLACKFLY S USB 3 imagers for their optical calibration purposes. I downloaded the FLIR camera’s Spinnaker software to my own laptop, and off I went.
Target #1 was the Moon. With a focal length of 1460mm and the camera’s small sensor size, the field of view was just 0.2 degrees – less than half the width of the Moon. And it was a Full Moon at the time. Nevertheless, I was easily able to use the laptop to target, focus and capture multiple images and darks from both scope/camera setups in a “panorama” sequence covering the whole Moon.
Target #2 was daytime shots of distant mountains around Tucson, again taken with both scope/camera setups.
Target #3 was star shots, but the nearly Full Moon and significant mechanical problems with the equatorial mount (not the scopes) prevented this.
Images (and darks) were taken in TIFF format so that they could analyze the prototype’s optical performance at the highest color depth.
Using the dual-mounted scopes on the equatorial mount to take mountain shots.
(Yes – they look funny positioned that way, but you can’t “bend” an equatorial mount
to force it to take Alt-Azimuth photographs, nor did I want to set the latitude to 0 since
the counterweights could have hit the tripod legs, and I didn’t have a tripod with a dovetail bar top.)
A scale schematic comparison of traditional telescopes versus the NexOptic
The scale diagram I created below shows how the physical length of similar focal length telescopes changes with the optical design.
The current industry “Champion” for amateur long focal-length telescope compression is the Schmidt-Cassegrain design using a thin corrector lens, a spherical primary mirror, and a further correcting secondary mirror. I own two of these 8-inch scopes, one on an equatorial mount, and (my favorite) on a Fork-Mount-Housing and an equatorial wedge for long-duration astrophotography.
Although I am under a non-disclosure agreement at this time, and cannot reveal technical details of its patent-pending design and construction, or the images I took (which are being examined as carefully as one does when doing the final polishing of a reflector telescope mirror), I have been given permission to describe my evaluation of the unit as follows:
- The first time I was handed the unit I thought to myself “Where’s the rest of it?” There is no power cable since the telescope does not contain any electronics. I just added the USB cable to the FLIR camera and I was ready to image.
- The physical length (i.e. “thickness”) of the NexOptic was a surprise! I never would have thought you could squeeze 146 cm (1460 mm) of focal length into just 12.7 cm (5 inches).
- The operation and imaging was remarkably easy for what I was told was considered a prototype instrument.
- The field of view was narrower than the 1250 mm Schmidt-Cassegrain as it should be for a 1460 mm focal lens scope.
- The Celestron Advanced VX Equatorial mount had no problem pointing, and tracking with both scopes mounted, so the weight is simply not a factor.
- We transported it in a padded case (like any high-quality telescope), in a rental car, all over Tucson. No “re-collimation” was needed. In fact, I didn’t see any adjustments (other than focus) on the scope body at all.
I’ve observed and imaged through a lot of different shapes and sizes of telescopes over the last 30 years, and having had the opportunity to take images with the NexOptic prototype, I believe that they have potentially created a “paradigm shift” innovation in optical design.
It seems to me that their “Blade Optics” is the biggest change in the fundamental design of long focal length telescopes since Newton replaced Galileo’s lenses with mirrors.
– Larry McNish
Larry McNish is a member of the Royal Astronomical Society of Canada, an astronomer and astrophotographer for 30 years, and past president of the Calgary Centre of the Royal Astronomical Society of Canada. He has won multiple awards including the AstroImaging Award in 2006 and 2007 and also the Peter Sim Public Education Award in 2009.The above evaluation has been republished with permission. The original article can be found at http://calgary.rasc.ca/nexoptic.htm.
While I rarely like to use buzzwords – game-changing, revolutionary, radical – it’s hard not to when you’re talking about adding a new chapter to physics.
At the end of the day, it all comes down to what you – the market – believes this revolutionary technology to be worth.
Sure the patent-pending technology can be challenged, and sure there are risks as to how management decides to structure potential licensing deals.
But you’re not a disruptive tech if you can’t threaten the core businesses of your competitors.
We know the physics works, we know the prototype works, and with Larry McNish’s evaluation, we now have insight as to the quality of the design.
Keep in mind this is a proof-of-concept prototype!
Remember what Apple computers looked like 10 years ago?
Remember what the first iPod looked like?
Let me refresh your memory…
And the 1st generation iPod shown above wasn’t even a prototype – it was a commercial product!
If the quality of this technology is as McNish describes (which we will soon find out on April 4, 2017), then imagine what Blade Optics could become once it’s refined.
Exciting times ahead…
NexOptic Technology Corp.
Canadian Trading Symbol: TSX-V: NXO
US Trading Symbol: OTCQB: NXOPF
German Trading Symbols: Frankfurt: E301 Berlin: E301
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Disclosure:We’re biased towards NexOptic because the Company is an advertiser. We currently own shares NexOptic and have participated in every private placement. You can do the math. Our reputation is built upon the companies we feature. That is why we invest in every company we feature in our Equedia Special Report Editions. It’s your money to invest and we don’t share in your profits or your losses, so please take responsibility for doing your own due diligence. Remember, past performance is not indicative of future performance. Just because many of the companies in our previous Equedia Reports have done well, doesn’t mean they all will. Furthermore, the Companies mentioned and their management have no control over our editorial content and any opinions expressed are those of our own. We’re not obligated to write a report on any of our advertisers and we’re not obligated to talk about them just because they advertise with us.