Meade Instruments

Last updated

Meade Acquisition Corp dba Meade Instruments
Company typePrivate
Industry Manufacturing
Founded1972
Headquarters Watsonville, California, United States
Key people
Peter Moreo, President [1]
Deborah Woodward "VP Ops"
Products Optical and electromechanical instruments
OwnerOptronic Holding Corp
Website meade.com

The Meade Instruments (also shortened to Meade) is an American multinational company headquartered in Watsonville, California, that manufactures, imports, and distributes telescopes, binoculars, spotting scopes, microscopes, CCD cameras, and telescope accessories for the consumer market. [2] It is the world's largest manufacturer of telescopes. [3]

Contents

Besides selling under its "Meade" brand name, the company sells solar telescopes under the brand "Coronado". [4]

Origins and history

Founded in 1972 by John Diebel, Meade started as a mail order seller of small refracting telescopes and telescope accessories manufactured by the Japan-based Towa Optical Manufacturing Company. [3] Meade started manufacturing its own line of products in 1976, introducing 6" and 8" reflecting telescopes models in 1977. In 1980, the company ventured into the Schmidt-Cassegrain market that up to that time had been dominated by Celestron Corporation. [3] Meade has a long history of litigation with other companies over infringement of their patents, particularly with its once bitter rival Celestron. In August 2008, Meade modified their line of Schmidt-Cassegrain telescopes with changes to the optical surfaces in design they call "Advanced Coma-Free optics" (ACF Optics). [5]

Past production sites include 16542 Millikan Avenue in Irvine, which was used in the 1990s. Meade production was consequently moved to a new build plant in 6001 Oak Canyon, located as well in Irvine. The Oak Canyon plant was in use for about a decade until 2009, after which production was moved to an expanded plant in Tijuana, Mexico. [6] [7]

In October 2013, Meade Instruments merged with Ningbo Sunny Electronic, a Chinese manufacturer, and Joseph Lupica became CEO of Meade. [8] In February 2015, Victor Aniceto succeeded Lupica as president. [1]

On November 26, 2019, in the United States District Court for the Northern District of California a federal jury found that Ningbo and Meade suppressed competition and fixed prices for consumer telescopes in the United States in violation of federal antitrust laws (case# 16-06370). [9] Optronic Technologies, Inc. was awarded $16.8 million in damages. [10]

On December 4, 2019, Meade Instruments Corp. filed bankruptcy in the United States District Court for the Central District of California as case number 19-14714. [11]

Products

A 16" (40.64 cm) Meade LX200 in the York University Observatory YorkUniversityObservatory5.jpg
A 16" (40.64 cm) Meade LX200 in the York University Observatory

Products produced by Meade include: [12] [13]

Catadioptric cassegrains

ACF telescopes

ACF (Advanced Coma-Free) is an altered version of the Meade's previous schmidt-cassegrain telescopes that replaces the traditional spherical schmidt-cassegrain secondary mirror with a hyperbolic secondary mirror. In the new design the full aperture corrector is slightly altered in shape and combined with a spherical primary mirror. [14] Meade's literature describes their ACF as a variation on the Ritchey-Chrétien telescope, although it does not use the two hyperbolic mirror combination in that design (being more of an aplantic design). [15]

Models

Maksutov telescopes

The Meade "ETX" series Maksutov-Cassegrain telescope (105mm aperture). Maksutov cassegrain comercial.png
The Meade "ETX" series Maksutov-Cassegrain telescope (105mm aperture).

Meade produces a line of Maksutov telescopes under their ETX series (Everybody's Telescope). They were first produced in 90 mm (3-1/2") Maksutov Cassegrain telescope in 1996. They range in size from 90 mm to 125 mm.

Newtonian telescopes

4.5-inch (110 mm) LightBridge Mini 114 Dobsonian Meade LightBridge Mini 114.jpg
4.5-inch (110 mm) LightBridge Mini 114 Dobsonian

GoTo telescopes

Many Meade telescope lines are classified by the self aiming computerized alt-azimuth and equatorial mounts they come on, a technology commonly called a "GoTo" mount.

Models

Solar telescopes

In 2004, Meade acquired Coronado Filters from founder and designer David Lunt, [20] [21] who produce an extensive range of specialty telescopes that allow views of the sun in Hydrogen-Alpha, and formerly, at Calcium K line wavelengths. The Meade Coronado telescopes are called "Solarmax 40" or higher depending on the model.

Coronado Personal Solar Telescope PST-Coronado-Retrouvailles2010-SALiege.jpg
Coronado Personal Solar Telescope

Other products

Telescope accessories

Accessories produced by Meade include the series 5000 eyepieces that are comparable in construction to those of Chester, New York-based Tele Vue Optical's "Nagler" (82-degree field of view), "Panoptic" (68-degree field of view), and "Radian" (60-degree field of view) eyepieces. Meade sells Deep Sky and Lunar digital imagers for telescopes. They also market the mySKY & mySKY Plus, multi-media GPS devices guiding users to the sky, similar to the competing Celestron SkyScout.

Litigation

In November, 2006, plaintiffs including Star Instruments and RC Optical Systems, manufacturers of traditional Ritchey-Chrétien optics and telescopes, filed a civil lawsuit against Meade, several dealerships, and other individuals in federal court (New York Southern District). The complaint was against Meade advertising their RCX400 and LX200R models as "Ritchey-Chrétien." The plaintiffs claimed these models did not use true Ritchey-Chrétien optics and therefore Meade and its retailers were committing false advertising infringing on the plaintiff's market. [22] In January 2008, Meade settled, with a "small" amount paid to the plaintiffs and the requirement to rename the affected products, not using any initials that might suggest Ritchey-Chrétien. [23]

On September 27, 2006, Finkelstein, Thompson & Loughran filed a class action lawsuit against Meade. The complaint alleged that, throughout the Class Period, defendants misrepresented and omitted material facts concerning Meade's backdating of stock option grants to two of its officers. [24] A settlement of $2,950,000 was reached in December, 2007.

Financial problems

Meade has had financial problems in the past and has survived with the help of its founder, John Diebel, purchasing back the company. [25] However, Meade in the past few years has run into another round of financial woes, since Diebel sold the company again. The previous CEO since May 2006, Steve Muellner [26] had announced various bad news for the company since he had the lead role for Meade. Meade's Irvine, California manufacturing plant was closed, with manufacturing moved to a new plant in Mexico, and a majority of the administrative positions were cut. [27] [28] Meade's customer service line has also been affected by the move to Mexico, including shorter operating hours and the elimination of the callback option. [29] [30] Meade is also looking at other options for the uncertain future of the company. [31] [32] No matter what the future was holding for the company, Muellner and some of the board members signed an agreement to cover themselves financially. [33]

In April 2008, Meade sold two of its three non-telescope product brands (Weaver/Redfield) to two companies for a total of $8 million. However, as compensation for divestiture of these two brands, out-going VP of Sales, Robert Davis, received a $100,000 bonus from the company. [34] [35] On June 13, 2008, Meade sold their last non-telescope brand Simmons to Bushnell for $7.25 million. [36] [37] Also in 2008, Meade's stock value fell below one dollar, bringing up the possibility of Meade being delisted from the stock exchange. [38] On October 3, 2008, Meade eliminated Donald Finkle's Senior Vice President position with the company providing him with one year of salary as severance and certain other benefits. [39]

Meade announced on January 29, 2009 that it had sold Meade Europe, its European subsidiary, for 12.4 million dollars, thus relieving much of Meade's debt. However, that reduced the company's assets greatly. [40] Further changes and unknown stability of the company was announced on February 5, 2009, with the resignation of Steve Muellner, chairman of the board Harry Casari and fellow board member James Chadwick. Former CEO Steven Murdock was reinstated as Meade CEO. [41] On March 5, 2009, the company announced the resignation of CFO Paul Ross and the assumption of the position by John Elwood. With his resignation, Ross receives a severance in the lump sum of $260,000. [42] During the summer of 2009, Meade announced a 20:1 reverse stock split in hopes of raising the value of their stock. [43]

By July 8, 2013, Meade Instruments was tipping their hand on whether to recommend selling the company to a Chinese co. or a San Jose venture capital firm, plow ahead alone, or possibly seek bankruptcy protection. [44] In September 2013, Sunny Optics Inc, a unit of the Chinese firm Ningbo Sunny Electronic Co Ltd, completed the acquisition of the entire share capital of Meade.

In November 2019, Orion Telescopes & Binoculars won a lawsuit against Ningbo Sunny Electronic Co Ltd for price fixing and anti-competitive practices costing Sunny Ningbo an estimated 20 million dollars in settlement. Meade under Ningbo Sunny ownership shortly after declared bankruptcy. [45] On June 1, 2021, Orion Telescopes & Binoculars announced the acquisition rescue of Meade Instruments, following the approval of the United States Bankruptcy Court for the Central District of California.

Related Research Articles

<span class="mw-page-title-main">Ritchey–Chrétien telescope</span> Specialized Cassegrain telescope

A Ritchey–Chrétien telescope is a specialized variant of the Cassegrain telescope that has a hyperbolic primary mirror and a hyperbolic secondary mirror designed to eliminate off-axis optical errors (coma). The RCT has a wider field of view free of optical errors compared to a more traditional reflecting telescope configuration. Since the mid 20th century, a majority of large professional research telescopes have been Ritchey–Chrétien configurations; some well-known examples are the Hubble Space Telescope, the Keck telescopes and the ESO Very Large Telescope.

<span class="mw-page-title-main">Reflecting telescope</span> Telescopes which utilize curved mirrors to form an image

A reflecting telescope is a telescope that uses a single or a combination of curved mirrors that reflect light and form an image. The reflecting telescope was invented in the 17th century by Isaac Newton as an alternative to the refracting telescope which, at that time, was a design that suffered from severe chromatic aberration. Although reflecting telescopes produce other types of optical aberrations, it is a design that allows for very large diameter objectives. Almost all of the major telescopes used in astronomy research are reflectors. Many variant forms are in use and some employ extra optical elements to improve image quality or place the image in a mechanically advantageous position. Since reflecting telescopes use mirrors, the design is sometimes referred to as a catoptric telescope.

<span class="mw-page-title-main">Newtonian telescope</span> Type of reflecting telescope

The Newtonian telescope, also called the Newtonian reflector or just a Newtonian, is a type of reflecting telescope invented by the English scientist Sir Isaac Newton, using a concave primary mirror and a flat diagonal secondary mirror. Newton's first reflecting telescope was completed in 1668 and is the earliest known functional reflecting telescope. The Newtonian telescope's simple design has made it very popular with amateur telescope makers.

<span class="mw-page-title-main">Coma (optics)</span> Aberration inherent to certain optical designs or due to imperfection in the lens

In optics, the coma, or comatic aberration, in an optical system refers to aberration inherent to certain optical designs or due to imperfection in the lens or other components that results in off-axis point sources such as stars appearing distorted, appearing to have a tail (coma) like a comet. Specifically, coma is defined as a variation in magnification over the entrance pupil. In refractive or diffractive optical systems, especially those imaging a wide spectral range, coma can be a function of wavelength, in which case it is a form of chromatic aberration.

<span class="mw-page-title-main">Maksutov telescope</span> Catadioptric telescope design

The Maksutov is a catadioptric telescope design that combines a spherical mirror with a weakly negative meniscus lens in a design that takes advantage of all the surfaces being nearly "spherically symmetrical". The negative lens is usually full diameter and placed at the entrance pupil of the telescope. The design corrects the problems of off-axis aberrations such as coma found in reflecting telescopes while also correcting chromatic aberration. It was patented in 1941 by Soviet optician Dmitri Dmitrievich Maksutov. Maksutov based his design on the idea behind the Schmidt camera of using the spherical errors of a negative lens to correct the opposite errors in a spherical primary mirror. The design is most commonly seen in a Cassegrain variation, with an integrated secondary, that can use all-spherical elements, thereby simplifying fabrication. Maksutov telescopes have been sold on the amateur market since the 1950s.

<span class="mw-page-title-main">Schmidt–Cassegrain telescope</span> Type of catadioptric telescope

The Schmidt–Cassegrain is a catadioptric telescope that combines a Cassegrain reflector's optical path with a Schmidt corrector plate to make a compact astronomical instrument that uses simple spherical surfaces.

Celestron is a company that manufactures telescopes and distributes telescopes, binoculars, spotting scopes, microscopes, and accessories manufactured by its parent company, the Synta Technology Corporation of Taiwan.

<span class="mw-page-title-main">Cassegrain reflector</span> Combination of concave and convex mirrors

The Cassegrain reflector is a combination of a primary concave mirror and a secondary convex mirror, often used in optical telescopes and radio antennas, the main characteristic being that the optical path folds back onto itself, relative to the optical system's primary mirror entrance aperture. This design puts the focal point at a convenient location behind the primary mirror and the convex secondary adds a telephoto effect creating a much longer focal length in a mechanically short system.

Orion Telescopes & Binoculars is an American retail company that sells telescopes, binoculars and accessories online and in-store for astronomy and birdwatching. It was founded in 1975 and has corporate offices in Watsonville, California. A large proportion of its products are manufactured by the Chinese company Synta for the Orion brand name. Orion Telescopes & Binoculars ships its products to the United States and over 20 other countries. Orion puts out a semi-quarterly mail-order catalog as well as email catalogs. The company is a prominent advertiser in North American astronomy magazines, such as Sky & Telescope and Astronomy.

The following timeline lists the significant events in the invention and development of the telescope.

<span class="mw-page-title-main">Meade ETX telescope</span>

The ETX is a line of smaller aperture telescopes made by Meade Instruments.

<span class="mw-page-title-main">TÜBİTAK National Observatory</span> Observatory

TÜBİTAK National Observatory is a ground-based astronomical observatory operated by the TUG Institute of the Scientific and Technological Research Council of Turkey (TUBITAK). Established in 1991, it is located at an altitude of 2,450 m (8,040 ft) in Bakırtepe, around 50 km (31 mi) west-southwest of Antalya in southern Turkey.

<span class="mw-page-title-main">Meade LX90</span> Telescope

The Meade LX90 is a Schmidt-Cassegrain design of telescope made by Meade Instruments for the mid-priced commercial telescope market. It uses a similar optical system to the bigger and more expensive Meade LX200—although it lacks some useful functions like primary mirror locking. The LX90 telescopes were equipped with Autostar soon after its 1999 introduction by Meade instruments. Optical apertures included in the product line included 8 (20 cm), 10 (25 cm) and 12 (30 cm) inches on a double tine fork mount and Autostar system.

<span class="mw-page-title-main">Ursa (Finland)</span>

Ursa Astronomical Association is the largest astronomical association in Finland. Ursa was founded on 2 November 1921. Founding members include a renowned Finnish astronomer Yrjö Väisälä. In 1926 Ursa established the Ursa Observatory in Kaivopuisto district of Helsinki. In 2007 the Tähtikallio Observatory & Education Center was established in Artjärvi, its current equipment includes an Astrofox 36" Folded Newtonian Open tube telescope, an Alluna 16" Ritchey-Chrétien telescope, a Meade 16" LX200GPS Schmidt-Cassegrain telescope, a Sky-Watcher ED 120mm refractor telescope fitted with a Baader AstroSolar Solar Filter and a piggybacked Coronado SolarMax 40 H-Alpha telescope. Ursa's primary functions include advancing amateur astronomy and astronomical education. They have also published a magazine Tähdet ja avaruus since 1971. Anyone can join Ursa for an annual fee.

<span class="mw-page-title-main">Givatayim Observatory</span> Astronomical observatory in Israel

The Givatayim Observatory is a public observatory that was founded in 1968 by the Israeli Astronomical Association and the Givatayim municipality.

<span class="mw-page-title-main">The Heights Observatory</span> Observatory

The Heights Observatory is an Astronomical Observatory at The Heights School in Modbury Heights, Adelaide, South Australia.

<span class="mw-page-title-main">RC Optical Systems</span> American telescope and optics manufacturer

RC Optical Systems was a high-end American telescope and optics manufacturer that specialized in Ritchey-Chrétien telescopes with hyperbolic mirrors. RC also made related mounts and systems for the telescopes, with a focus on open and closed carbon fiber trusses for low expansion. The basic Ritchey-Chrétien optical system uses two mirrors and no refracting elements, which reduces light loss and its optical characteristics make it popular for astrophotography. Refracting elements may be added to correct for field curvature.

The SUNY Oneonta Observatory is an astronomical observatory in Oneonta, New York, home to the state's largest optical telescope and one of the largest publicly open east of the Mississippi, a one-meter Newtonian reflector constructed by JMI Telescopes of Lakewood, Colorado.

<span class="mw-page-title-main">Meade LX200</span>

The Meade LX200 is a family of commercial telescopes produced by Meade Instruments launched in 1992 with 8" (20.32 cm) and a 10" (25.4 cm) Schmidt–Cassegrain models on computerized altazimuth mounts. Two larger models, a 12" (30.48 cm) and a 16" (40.64 cm), quickly followed. The original version was later informally named the "classic" LX200 as newer upgraded versions replaced it. The first of these was the LX200GPS, which featured global positioning system electronics. A 360 mm (14 in) LX200GPS was later added to the line.

<span class="mw-page-title-main">ÇOMÜ Ulupınar Observatory</span> Observatory

The ÇOMÜ Ulupınar Observatory (UPO) is a ground-based astronomical observatory, which was established in 2001 and formally opened on 19 May 2002. It is also known as Çanakkale Observatory or the University Observatory. The Ulupınar Observatory is part of the Çanakkale Onsekiz Mart University (ÇOMÜ) Faculty of Science and Arts.

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