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01 Oct 24
Marvel backed for femtosecond fusion in €63M round

Series B venture backers include Deutsche Telekom, with additional support from European Innovation Council.

01 Oct 24
Coherent sells wafer fab to UK's Ministry of Defence for reported £20M

Manufacturing facility in Newton Aycliffe had been producing VCSELs for 3D sensing.

25 Sep 24
Sluggish sales hit Lumibird profits

French laser firm attributes lower earnings partly to reorganization of its lidar systems business.

25 Sep 24
Keysight to acquire optical design division from Synopsys

Industrial software giant forced to sell its Optical Solutions Group to obtain regulatory approval for pending Ansys merger.

24 Sep 24
Lithium niobate in vogue as thin-film developers raise cash

Harvard spin-off HyperLight and Swiss startup Lightium land a combined $44M for photonic chip technologies.

19 Sep 24
TriLite looking to scale production with Continental backing

Austrian developer of ultra-compact projection displays says it has extended series A funding beyond €20M.

17 Sep 24
3M backs Morphotonics for augmented reality lens production

Netherlands startup reveals that the global materials giant is supporting its $10M-plus fundraising drive.

17 Sep 24
SpectraWAVE gets $50M boost for intravascular imaging

Series B venture round supports commercial expansion of system combining two optical techniques.

10 Sep 24
Perovskite panels headed to US solar farm

Oxford PV claims first commercial deployment of a perovskite tandem solar panel worldwide.

10 Sep 24
Mobileye parks internal lidar development

Autonomy pioneer says its frequency-modulated continuous-wave technology is now 'less essential' for automated driving.

03 Sep 24
IPG exits Russia with $51M sale of IRE-Polus subsidiary

Fiber laser giant had been winding down operations near Moscow since shortly after the invasion of Ukraine.

29 Aug 24
Spectricity signs up for 'smart' skincare collaboration

Memorandum of understanding with Samsung affiliate will demonstrate skin analysis with multispectral sensors.

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