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Business News
18 Jun 24
Yole trims automotive lidar expectations as prices drop

Analyst firm says shipments are ramping up but average selling prices are declining rapidly.

18 Jun 24
nLight and EOS join forces to optimize additive techniques

EOS production machines featuring nLight fiber lasers expected to appear later this year.

12 Jun 24
PhotonVentures backs Eindhoven's MicroAlign to ease 'quantum bottleneck'

Dutch startup closes €1M seed funding to accelerate commercialization of its fiber arrays for quantum computing.

12 Jun 24
Vector lines up £3M for laser commercialization

UK startup looking to develop surface-coupling emitters operating at various wavelengths.

11 Jun 24
Spectroscopy startup Mirico lands $2M for methane sensing

UK firm has devised laser dispersion technique operating in the mid-infrared spectral region to spot fugitive emissions.

05 Jun 24
Coherent appoints Silicon Valley executive as new CEO

Jim Anderson brings experience from Intel, Broadcom, AMD, and most recently Lattice Semiconductor to the photonics company.

05 Jun 24
Xcimer lands $100M to build fusion energy prototype

New facility in Denver to feature world’s largest nonlinear optical pulse compression system.

29 May 24
Himax backs Obsidian in sensor firm's latest debt financing

Fabless Taiwanese provider of display electronics is latest to support developer of thermal imaging cameras.

28 May 24
Zeiss sets up new photonics unit

‘Photonics and optics’ business division will employ close to 900 people and have annual revenues of €200M.

23 May 24
Obsidian Sensors partnership to make high-res thermal imagers for cars

San Diego firm sees opportunity following National Highway Traffic Safety Administration ruling.

22 May 24
EV delays hit Hesai's 2024 sales forecast

Chinese lidar company cuts annual revenue expectations by around $50M as customer Li Auto delays launch.

21 May 24
Semiconductor demand drives double-digit growth at Zeiss

Sales revenues up another 10%, despite what CEO called a challenging market environment.

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