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19 Sep 16
Pyreos raises £1.8M as London angels invest

Venture funding to aid latest expansion at the Edinburgh-based developer of passive infrared sensors.

19 Sep 16
Abbott selling Medical Optics business for $4.3BN

Femtosecond laser cataract surgery systems part of vision care division being sold to Johnson & Johnson.

15 Sep 16
Thales signs deal on optically connected satellites

‘Phase B’ contract agreement with LeoSat follows recent acquisition of optoelectronics expertise by Thales Alenia Space.

15 Sep 16
Opus Inspection buys Fastlign car testing tech

Laser-based system checks critical vehicle specs like wheel alignment – as business accelerates.

13 Sep 16
Trumpf sets up €40M venture fund

Laser giant says ‘Trumpf Venture’ will aim to back around five start-up companies every year.

12 Sep 16
Applied Optoelectronics raises its guidance for Q3 2016

Positive revision follows substantial, increased demands from datacenter connectivity sector.

12 Sep 16
Germany reports record sales of machine vision systems

Ahead of Vision 2016, German MV sector sees 9% uptick in worldwide business.

09 Sep 16
ProPhotonix swings to profit as sales jump 20%

Cost-reduction strategy bearing fruit as London-listed firm posts net profit for the first half of the year.

07 Sep 16
GE snaps up SLM Solutions in additive manufacturing drive

Germany-based selective laser melting equipment specialist set to become a part of GE Aviation.

02 Sep 16
New wavefront measuring development wins funding for Trioptics

German test firm awarded grant by partnership of ERDF and Schleswig-Holstein; company also appoints second MD.

23 Aug 16
Luminaires outshine lamps in 2015 global lighting market - analyst

As unit prices for LED lamps fall, revenue will also decline from 2019, says IHS Markit. Also: Nichia leading LED sector sales.

23 Aug 16
Quanergy cashes in on auto lidar frenzy

Delphi and Samsung among the investors taking part in $90M venture round, a week after rival lidar developer Velodyne raised $150M.

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