8-K

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                    Form 8-K

                                 Current Report
          Pursuant to Section 13 or 15(d) of the Securities Act of 1934

  Date of Report (Date of earliest event reported) December 18, 2007
                       --------------------------

                      Dynasil Corporation of America
        ------------------------------------------------------------
       (Exact name of registrant as specified in its
charter)

          New Jersey                   000-27503      22- 1734088
     ---------------------------       ------------      ---------------
     (State or other                   (Commission     (IRS Employer
   jurisdiction of incorporation)    File Number)  Identification No.)


                 385 Cooper Road, West Berlin, New Jersey 08091
              ------------------------------------------------------------
              (Address of principal executive offices)   (ZIP Code)

    Registrant's telephone number, including area code: (856)-767-4600

                                Not Applicable
       ------------------------------------------------------------
          (Former name or former address, if changed sincelast report)

     Check the appropriate box below if the Form 8-K filingis
     intended to simultaneously satisfy the filingobligation of
     the registrant under any of the following provisions(see
     General Instructions A.2. below):

     [] Written communications pursuant to Rule 425 underthe
     Securities Act (17 CFR 230.425)

     [] Soliciting material pursuant to Rule 14a-12 underthe
     Exchange Act (17 CFR 240.14a-12)

     [] Pre-commencement communications pursuant to Rule14d-2(b)
     under the Exchange Act (17 CFR 240.14d-2(b))

     [] Pre-commencement communications pursuant to Rule13e-4(c)
     under the Exchange Act (17 CFR 240.13e-4(c))

Section 1 - Registrant's Business and Operations

Item 8.01 Other events

          On December 18, 2007, Dynasil Corporation of
America entered into a Letter of Intent to acquire a
privately-owned advanced instrumentation company.  Terms of
the agreement were not disclosed. The company to be
acquired has developed and manufactured instruments with
high growth potential, which are sold into the medical,
environmental sensing and quality assurance markets.  It
also has a significant research and development team
performing a number of government contracts for the
Department of Homeland Security and other major federal
agencies.  The Letter of Intent plans a Spring 2008
closing. Among other things, the transaction is contingent
on negotiation and execution of definitive agreements,
successful due diligence and obtaining necessary financing.
It also calls for employment of the current principals to
assist with a smooth transition. On December 20, 2007, a
press release was issued regarding this letter of intent.
The information set forth in that press release, which is
filed as an exhibit to this Report, is incorporated herein
by reference.

Section 9 - Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

EXHIBIT INDEX

(c)  Exhibits

99.1 Dynasil Corporation of America press release dated
December 20, 2007.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.

DYNASIL CORPORATION OF AMERICA (Registrant)

     Date: 12/21/07

By   /s/ Craig T. Dunham
     Craig T. Dunham
     President

EX-99

                                   Contact:
                                   Craig Dunham
                                   Dynasil Corporation of America
                                   Phone: (856) 767-4600
                                   Email:  cdunham@Dynasil.com

     Dynasil Announces Agreement to Buy
      Advanced Instrumentation Company

WEST BERLIN, N.J.   December 20, 2007    Dynasil
Corporation of America (OTCBB: DYSL.OB),  a photonics
company headquartered in New Jersey, announced today that
it has entered into a Letter of Intent to acquire a privately-
owned advanced instrumentation company.  Terms of the
agreement were not disclosed.  Dynasil Chairman, James
Saltzman states:  "This acquisition, if completed, should more
than triple the size of Dynasil. Including this transaction, we
should have a compound annual growth rate exceeding 100%
since implementing our growth strategy three years ago."

Dynasil is currently an $11 million manufacturer of photonics
products including optical materials, components, coatings
and specialized sub-systems.  It has business units in New
Jersey, Massachusetts and Upstate New York that
manufacture optical components and subassemblies for a
broad range of markets including display systems, optical
instruments, satellite communications and lighting.  "We are
excited about this opportunity," remarked CEO and President,
Craig T. Dunham, "It represents the addition of significant,
new capability sets to Dynasil and greatly expands our
portfolio of medical and general instrumentation."

The company to be acquired has developed and manufactured
instruments with high growth potential, which are sold into
the medical, environmental sensing and quality assurance
markets.  It also has a significant research and development
team performing a number of government contracts for the
Department of Homeland Security and other major federal
agencies.  "With its advanced research capabilities, we expect
that this R&D facility will enable us to obtain both Small
Business Innovative Research (SBIR) and non-SBIR
government funding to offset some of the cost of developing
new, high technology products," Craig Dunham explained.
"The acquisition would be transformational for Dynasil in
that it would move us from a predominantly component-based
supply company to an instrumentation company with a
considerable IP portfolio, extensive technology capability and
significantly increased cash flow."

The Letter of Intent plans a Spring 2008 closing. Among
other things, the transaction is contingent on negotiation and
execution of definitive agreements, successful due diligence
and obtaining necessary financing.  It also calls for
employment of the current principals to assist with a smooth
transition to Dynasil ownership.

Dynasil has acquired two other companies during the last
three years and has delivered significant performance
improvements at all three of its business units.  Descriptions
of Dynasil's strategy and performance are contained in its 10-
KSB annual report which was released on December 20, 2007
and is available for viewing at www.Dynasil.com.

About Dynasil: Founded in 1960, Dynasil is a manufacturer
of photonic products including optical materials, components,
coatings and specialized sub-systems.

This news release may contain forward-looking statements
usually containing the words "believe," "expect," or similar
expressions.  These statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform
Act.  Future results of operations, projections, and
expectations, which may relate to this release, involve certain
risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements.  Factors that
would cause or contribute to such differences include, but are
not limited to, the factors detailed in the Company's Annual
Report or Form 10-KSB and in the Company's other
Securities and Exchange Commission filings, continuation of
existing market conditions and demand for our products.