M Squared Lasers was founded in 2005 by Dr. Graham Malcolm
FRSE and Dr. Gareth Maker who had previously held senior roles in Coherent Scotland, a subsidiary of
Coherent Inc. Malcolm and Maker founded an optoelectronics company called Microlase in 1992 as a spinout from Strathclyde University in Scotland. Microlase was acquired by Coherent in 2000. Malcolm won the
Katharine Burr Blodgett Medal and Prize in 2008 in part for the founding of the company. In February 2012 M Squared announced that former
Oclaro chairman Peter Bordui was to be the company's chairman. In August 2025, the company announced that it was seeking buyers for its assets after failing to secure sufficient funding from investor to continue operations. It claimed that challenges in finding skilled staff and supply chain disruptions were some of the causes for its financial troubles. == References ==