A spinout of SBIR involved firm Polychip Inc., LightSpin Technologies, Inc is an R&D company organized around development of compound semiconductor optoelectronic devices and components. Employing a systematic development approach, LightSpin has demonstrated superior III-V photodetector technology and the worlds fastest thin film photorefractive device. The firm's principals are developing innovative solutions to provide a substantial price and performance benefit to system applications ranging from medical imaging and high energy physics experiments to remote sensing and optical processing. LightSpin is focused on developing optoelectronic devices using compound semiconductors. LightSpin's innovative designs include photon detectors with superior speed, sensitivity, and radiation hardness, and holographic thin film modulators for light manipulation and optical computing