Colorado Laser Technology Company Agrees to Pay More Than $400,000 to Resolve Allegations that it Improperly Used Foreign Subcontractors

Vescent Photonics, Inc., a laser technology company located in Golden, Colorado, agreed to pay $402,621 to resolve allegations that it violated the False Claims Act by using contractors located outside of the United States in research projects funded by the Small Business Innovation Research (SBIR) program.