Spekciton Discusses Its Path To Growth

Originally posted by: Delaware Sustainable Chemistry Alliance 
Published On May 24, 2020

Dr. Andy Ragone is the founder/CTO of Spekciton Biosciences LLC, a biotech measurement science and technology company based in Wilmington, Delaware. He retired in late 2016, and started Spekciton™ in 2017. He was able to acquire much of the technology he developed in his previous work, and his company was able to develop more applications earlier in the venture. Dr. Ragone reached out requesting an advisor from the SBDC back in 2017, and has grown his business exponentially since.

They’ve developed a new Multispectral Imaging (MSI) device in collaboration with the University of Delaware’s Agriculture Science and Soil Department at the Delaware Biotechnology Institute beginning in 2018.

In a recent article on Delaware Sustainable Chemistry Alliance, he speaks out on the help he received from the SBDC and other organizations as well. He’s relied on several entrepreneurial support organizations since 2017.

“The Delaware Prosperity Partnership and Delaware SBDC, with trainer Lou DiNetta, have been key to guiding us toward training resources, including the Delaware Founders Initiative run by Bill Topkis. The Delaware Biotechnology Institute and the University of Delaware helped us obtain grants like the CAT (Center for Advanced Technology) to drive the development of our MSI. In addition, the SBDC helped our network development so we have collaborators and customers at the University of Delaware and commercial entities like Aerofarms Inc and Fraunhofer CMB.

– Dr. Ragone

The next steps for Spekciton is to patent their MSI systems and to drive market development. A critical juncture is to get a business director this year to lead their market growth. They will apply for and are awaiting word on several SBIR grants.

SpekcitonTM Biosciences LLC
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