The company (Genia Photonics) is a Canadian startup that builds lasers. They appear to specialize in picosecond length laser pulses for a variety of imaging and sensing needs. They've published some papers/articles on their technology in biomedical imaging contexts. Link to one at the bottom. The point is that it doesn't look like some company 'inventing' some BS and pulling one on the DHS. Maybe.

http://www.opticsinfobase.org/boe/abstract.cfm?uri=boe-2-5-1...