Spire Corporation (Spire) develops, manufactures, and markets solutions for the solar industry, including individual pieces of manufacturing equipment and full turnkey lines for cell and module production and testing. In addition to its cell and module manufacturing solutions, its Spire Semiconductor subsidiary provides semiconductor foundry services and is developing triple-junction gallium arsenide (GaAs) concentrator solar cells. Spire also operates a small business line associated with advanced biomedical applications. The Company operates in four segments: solar equipment, biomedical, optoelectronics and corporate. Spire markets engineered products and services in three principal business areas: capital equipment for the photovoltaic (PV) solar industry, biomedical and optoelectronics. In August 2009, the Company established a wholly owned subsidiary, Spire Solar India, LLC. In September 2009, it established a wholly owned subsidiary, Spire Taiwan LLC.