Optics.org
KO
KO
daily coverage of the optics & photonics industry and the markets that it serves
Featured Showcases
Photonics West Showcase
Optics+Photonics Showcase
Menu
Business News
29 Oct 24
IPG acquires laser cleaning systems customer in $75M deal

Fiber laser firm makes a move up the value chain as latest results show cost of Russia exit.

23 Oct 24
Coherent revamps fiber laser offering

'Radical' EDGE FL platform offers output powers up to 20 kW, plus new cutting heads with adjustable focal plane.

23 Oct 24
Continuum scientific laser brand set for Lumibird switch

Agreement to acquire historic name in nanosecond lasers should boost Lumibird's annual sales by around €7M.

22 Oct 24
Google backs Lightmatter again in $400M fundraising

Series D venture round intended to support mass deployment of 'world’s fastest photonic engine'.

17 Oct 24
Trumpf again reports ‘declining’ sales and order intake in latest financial results

CEO Leibinger-Kammüller blames “weak global economy, ongoing geopolitical uncertainties, and intensifying competition”.

16 Oct 24
Silicon photonics startup Xscape backed by Nvidia and Cisco in $44M funding round

Santa Clara firm co-founded by Columbia engineers targets AI data centers with multi-color photonics platform.

16 Oct 24
ASML tumbles on weaker 2025 outlook

Stock price drops 16% as the lithography giant surprises financial markets.

15 Oct 24
Zeiss, Hyundai Mobis hook up on holographic windshield displays

Industrial technology firms sign collaborative agreement eyeing mass production by 2027.

10 Oct 24
Sonendo set to grab Biolase assets in bankruptcy deal

Dental laser system vendor initiated Chapter 11 proceedings earlier this month; the two firms were engaged in patent litigation.

10 Oct 24
Meridian lands $12.5M for low-cost thermal sensors

Singapore startup says that its scalable silicon-based devices also offer low power consumption.

08 Oct 24
Nuburu agrees $65M equity-plus-credit deal

Developer of blue industrial lasers to receive weekly capital infusion and access to $50M credit line.

03 Oct 24
Zeiss names new CEO after Lamprecht decides not to extend contract

Semicon manufacturing chief Andreas Pecher steps up to lead role, from April 2025.

 
© 2024 SPIE Europe
Top of Page