Appointment adds sector specific technical and transactional expertise to accelerate Sensera’s growth
October 31, 2016, Chelmsford, MA: Sensera Ltd (Sensera), a microsensor and microcomponent business focused on the design and production of specialized high performance components for the healthcare, industrial, security and aerospace markets is pleased to announce the appointment of George Lauro to its Board of Directors.
George is an experienced technology entrepreneur, operating executive, and venture capitalist and has served on over a dozen Semiconductor/MEMS sector companies throughout his career. He was Head of west coast technology investing at Wasserstein Perella, a leading Wall Street private equity and LBO firm. Earlier in his career, he was Managing Director of Technology Commercialization at IBM headquarters and began his career as an MIT Engineer, designing inertial guidance systems for spacecraft at MIT/Draper Lab while pursuing graduate studies at MIT Aero/Astro department.
Chairman Matthew Morgan welcomed George’s appointment by stating, “we look forward to George joining the Sensera Board of Directors as he brings significant sector and transactional experience. He will play an active role in working with our business development team to secure new customers for our engineering and fabrication business, establish strategic partnerships with larger volume based manufacturers and identify potential acquisition opportunities to which Sensera can apply its internal design and cost effective manufacturing capabilities to improve existing products and products in late stages of development.”
Sensera is a unique resource for the micro device industry, it is purpose built to provide clients cost effective and fast turnaround on structurally complex high-value-added micro-electro-mechanical (MEMS) devices, microsensors and other micro-fabricated components. Sensera MEMS & microfabrication services address a capability gap that exists in today’s microsensor marketplace by providing capabilities to customers who may have limited ability to engineer their own micro-fabricated products or whose production requirements are insufficient for major high-volume suppliers.
About Sensera Ltd (www.sensera.com)
Sensera Inc located in Chelmsford, MA with a manufacturing facility in Woburn, MA is a wholly owned subsidiary of Sensera Ltd Melbourne (Australia). Sensera’s MEMS & microfabrication services address a capability gap that exists in today’s microsensor marketplace by providing capabilities to customers in the medical, industrial, defense and aerospace markets who may have limited ability to engineer their own micro-fabricated products or whose production requirements are insufficient for major high-volume suppliers.
The Company works closely with its customers to provide specialized product execution and Matched-to-MarketSM volume manufacturing, whereby production requirements are efficiently and cost-effectively matched to the demands specific to customers’ volume requirements. This includes custom design and small run manufacturing or transition to high throughput demand. Sensera’s agile facilities and cost structure enables the company to provide very low volume customers with the cost and quality heretofore only available to mega-volume customers from a small number of large suppliers but with rapid turnaround and far lower minimum volume requirements.