In what may be a tragedy for amateur astronomers and astrophotographers world-wide, the 130 year old Eastman Kodak company filed for bankruptcy today. Although this move wasn’t unexpected, it is still a little disheartening. Yet, there still may be hope. The company filed for Chapter 11 protection which will allow it to reorganize its business to eliminate debt and keep operating. If they are successful, the company can come out from court supervision and continue in business. However, in order to eliminate the accumulated debt, Kodak is going to sell off most of its patent portfolio. I will be keeping a close eye on this story as a large percentage of the astronomy cameras produced in the world today use Kodak chips.
As always – Ex astris, scientia