Super slo-mo camera firm I-Movix ceases trading
The Belgian manufacturer of live super slow motion camera technology I-Movix has been declared bankrupt and ceased trading.
Doors were closed on 26 January 2018. The local commerce court in Mons, Belgium, confirmed the bankruptcy on Monday 29 January.
In an email to customers and partners, the company’s founders, chief executive Laurent Renard and chief financial officer Nathalie Vinchent, said: “We are very thankful and grateful to our amazing team of young talents, passionate and dedicated engineers, technicians, sales guys, administrative people, etc. We are very proud of the fantastic products we all developed at I-Movix since 2005.”
“The ever more complex and rapidly changing environment that I-Movix has been facing for the last few years is a major factor in the company’s financial situation,” the co-founders added, noting that it had become increasingly difficult to compete with larger firms.
The duo also revealed that they had spoken to potential investors and applied for creditor protection.
Designed for sports production, the firm’s technology allowed pictures to be captured from 25 to 2,600 per second in HD resolution, or up to 1,000 per second in 4K. Its camera brands included SprintCam and Infinite.
I-Movix employed 18 people at one stage but at the time it was declared bankrupt that was down to around seven.
The I-Movix Infinite (pictured) was used by Cinevideo at the 2016 Champions League during its coverage for Mediaset.