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17 May 23
First Solar makes perovskite move with $80M Evolar deal

Major solar panel manufacturer wants Swedish startup to help accelerate development of high-efficiency tandem cells.

16 May 23
Sales and profits up sharply again at Zeiss

German optics giant now employs more than 40,000 people for the first time - and still has 2000 vacancies in Germany alone.

16 May 23
Lumibird adds Prima subsidiaries to growing portfolio

French photonics firm signs deal to acquire Italian firm’s Convergent Photonics subsidiary and operations in Boston.

11 May 23
Coherent's third quarter results paint a mixed picture

Laser giant reports revenue rise but profit drop due to higher costs; outlines consolidation and cost-cutting plan.

10 May 23
Cognex sales subdued amid customer caution

Large buyers of machine vision equipment delay purchases as they absorb excess capacity.

09 May 23
Lumentum swings to a loss as customers take a pause

Stock drops in value as buyers work through excess inventories, but long-term outlook remains bright.

08 May 23
Boost for nLight with big defense order

US laser firm awarded $86M contract under Department of Defense scaling initiative.

04 May 23
MKS Instruments first quarter 2023 results show hints of recovery

Announces that its global operations are “restored” following February, 2023, ransomware attack.

04 May 23
Universal Display acquires Merck’s OLED emitter intellectual property

UDC also announces improved first quarter results – in line with expectations.

03 May 23
Teledyne Technologies reports ‘record’ Q1 2023 results

Diversified tech firm’s Q1 sales reach $1.38bn up 4.7% on Q1 2022; plus new camera launches across divisions.

03 May 23
Danish government blocks Hamamatsu acquisition of NKT Photonics

Deal valuing the company at €205M had been expected to complete in March.

03 May 23
IPG sees impact of US incentives

Fiber laser giant says that customers are shifting investments to take advantage of IRA legislation.

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