Kevin Dickenson
Kevin Dickenson began his career in the mid 1980's as a laser engineer and was employed by Litton Laser Systems in Connecticut and later by United Technologies Optical Systems in Florida. He held a top secret security clearance and developed lasers for next generation cruise missiles and target recognition.
United Technologies closed the Florida operation at the end of the cold war and Mr. Dickenson's entrepreneurial spirit kicked in when he recognized a business opportunity for a surgical laser. He and a partner began developing a prototype laser in their garage and obtained United States Patent: 5684821 and United States Patent: 6052402.
The two entrepreneurs formed Lite Jet, Inc. and Mr. Dickenson went on the road to raise seed funding for the fledgling start up. He was one of only twenty-two companies selected to present at Ernst & Young's Venture Capital Conference in Coral Gables, Florida in February 1995. Lite Jet was also the first company embraced by Enterprise Development Corporation, a high tech incubator established by the state of Florida. He met his fair share of con men along the fund raising trail and he worked with state prosecutors on a case that was subsequently published in Business Week.
Lite Jet was funded after 25 months by an angel investor from Jupiter Island and several prototype lasers were developed at Lite Jet's a laboratory in Jupiter, FL. Systems were placed at University of California San Francisco and Vanderbilt University Medical Center for clinical testing and over 20 articles were published in medical journals involving Lite Jet's medical laser technology. Dickenson's company became a subsidiary of Panametrics, Inc. which was acquired by GE for $220M on July 24, 2002. The rest is history and this is the point when Mr. Dickenson began a second career in real estate.
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