The global market for lighting is $75BN.If the U.S. converted completely to LED lighting, we would save $15BN per year in electricity. The critical barriers to mass adoption of LEDs for lighting are long payback period and poor light quality. A team of MIT engineers and MBAs is working on a patented optics technology that addresses both of these issues. Our technology when applied to LED lighting provides a 2yr payback period while delivering a high quality white light, and color tunabilility.