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06 Sep 23
Ambient to expand after latest funding

Californian manufacturer of low-light solar cells says it has raised another $30 million.

05 Sep 23
Hamamatsu backs Raman drug monitoring startup Axithra

Spin-out combining expertise from imec and Ghent University raises €10M in seed funding round.

31 Aug 23
PhotonVentures raises €60 million to boost Europe’s photonics startups

New fund backed by PhotonDelta aims to more than double in size by the start of 2024.

30 Aug 23
Cognex to buy Japanese MV manufacturer Moritex for $275 million

All-cash purchase to strengthen Cognex’s position in Japan’s machine vision and imaging markets.

23 Aug 23
Nuburu appoints John Bolton to its board of directors

Bolton was US National Security Advisor during the Trump regime, and has held several other high-ranking political appointments.

22 Aug 23
Fabrinet bounces back on AI-driven datacoms demand

Stock of optical packaging firm hit new high as it beats expectations on both sales and earnings.

17 Aug 23
Lumentum cuts costs amid 'significant headwinds'

But the photonics company remains confident in long-term trends while its customers work through excess inventories.

17 Aug 23
BAE Systems to acquire Ball Aerospace for $5.6BN

Business known for its space telescope expertise set to become part of the global defense giant.

16 Aug 23
Coherent stock price dives on weak outlook

Photonics giant drops in value by 35% as industrial laser sales decline amid general macroeconomic gloom.

15 Aug 23
Sensing demand boosts Luna sales

Fiber-optic sensing and testing specialist reports 11% jump in quarterly revenues.

15 Aug 23
Innoviz raises $65M in follow-up share offering

Nasdaq-listed firm began shipping production lidar units to key customer BMW last month.

14 Aug 23
Ouster targets automotive with long-range 'digital flash'

Lidar firm also believes latest cost-cuts and strong bookings have put it on a path to profitability.

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