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24 May 23
Hesai sales up sharply as key supply deals bear fruit

Chinese lidar firm boasts that it is 'outpacing the competition', and now manufacturing more than one sensor every minute.

23 May 23
Leadoptik lands $5M for ultra-thin lung cancer imaging probe

Startup is developing a device based around metasurface optics that is small enough to enter narrowest airways.

19 May 23
3D laser printer firm Glowforge raises another $20M investment

Magic Canvas, the latest product, uses “latent diffusion neural network” to enable production of intricate designs.

17 May 23
Jenoptik posts ‘solid start’ to fiscal year 2023

Reports revenue growth of 12.2 percent and improved profitability.

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.

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