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19 Oct 22
ASML plans contingencies amid continued order boom

Future looks less certain as customers cut spending budgets and lithography tool utilization.

19 Oct 22
'Major' auto OEM buys into Baraja lidar scale-up

Collaboration between Australian lidar startup and key car parts supplier Veoneer paves way for future deployment.

14 Oct 22
Leonardo DRS wins $579M U.S. Army contract for thermal weapon sights...

...as Lockheed Martin and Ayar Labs collaborate to develop sensory platforms for military, based on optical I/O chips.

13 Oct 22
Viavi acquires Jackson Labs for position, navigation and timing solutions…

…and Lumentum expands its manufacturing operations and R&D in Slovenia.

10 Oct 22
Booz Allen launches HELworks directed energy weapons business

New entity is intended to address “asymmetric threats” in the modern battlespace.

05 Oct 22
Prophesee's sensors proliferate with industrial partners

Developer of event-based sensors recently raised €50 million in series C round backed by Xiaomi and Saudi Aramco venture fund.

04 Oct 22
Germany's machine vision sector grows beyond €3BN

But 16% growth rate in 2021 expected to slow on macro uncertainty and work-through of stockpiled components.

29 Sep 22
Optics11 Life expands US footprint with €5M funding boost

Amsterdam startup has developed fiber-optic instruments for use in drug development and regenerative medicine.

28 Sep 22
Precision Optics looks to finalize Nasdaq listing as sales rise

Micro-optics and imaging firm posts sharp increase in annual revenues, thanks largely to Lighthouse Imaging acquisition.

27 Sep 22
Leuko raises $5M for optical white blood cell monitor

MIT spin-out is developing a microscope platform for label-free imaging of human blood cells as they flow through capillaries.

22 Sep 22
Brelyon secures $15 million for Ultra Reality immersive technology

Funds will accelerate development of headset-free display for enterprise and metaverse users.

21 Sep 22
Lumentum and Coherent carve up VCSEL market

Analyst report shows duo have cornered 80% of the market, largely thanks to Apple’s iPhones.

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