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Business News
18 Mar 15
Automotive ‘a great opportunity’ for photonics – analyst

Market research by Tematys finds the car industry to be a good business prospect for photonics manufacturers and reveals the in-demand technologies.

16 Mar 15
Electro Scientific to shut US facility

Closure of Chelmsford, Massachusetts, manufacturing and development site will see loss of 45 jobs.

11 Mar 15
US solar capacity hits 20 GW

Another record-breaking year beckons for the US photovoltaics market as installers race to complete utility-scale projects before the end of 2016.

10 Mar 15
Finisar reports positive third quarter

Telecoms revenues continue to slide but datacom sales lifts bellwether optical systems developer.

09 Mar 15
Laser sales up solidly at GSI

Carbon dioxide and fiber lasers each contribute to a 7% increase in revenues in US firm’s latest fiscal year.

27 Feb 15
JDSU lasers division to become 'Lumentum'

US photonics and metrology company confirms identities of the two businesses it will split into later this year.

25 Feb 15
First Solar begins silicon module ramp

As the firm pushes the efficiency of its long-standing CdTe technology, it is simultaneously starting to ramp TetraSun's silicon cells.

24 Feb 15
Effect Photonics closes Series-A funding

Dutch DWDM photonic integration company to invest undisclosed sum in production facilities and staff.

24 Feb 15
OCT firm Michelson Diagnostics closes £2.5m ‘Series B’ funding

First tranche of expected £4m; Smith & Nephew invests £1.25m and joins board of UK company.

24 Feb 15
ESI suspends dividend; plans laser ramp

CEO Ed Grady says 'prudent and responsible' decision was needed to invest in business transition.

20 Feb 15
IPG up again after another record year

Revenue grows 19% in 2014 overall as demand for fiber lasers shows no sign of abating.

17 Feb 15
Holmium laser boost for Lumenis

Israeli medical laser firm reports 9% increase in sales for the closing quarter of 2014.

 
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