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28 Aug 25
Inertia Enterprises formed to commercialize fusion energy

Founders include Twilio ex-CEO Jeff Lawson, fusion target designer Andrea Kritcher, and fusion plant designer Mike Dunne.

27 Aug 25
UK venture group acquires microLED developer Plessey

Expansion planned after Chinese tech manufacturer Goertek finances Haylo Labs takeover with $100M loan.

26 Aug 25
Lockheed Martin aims to source germanium from Korean metals producer

Memorandum of understanding plans for China-free supply of critical element for thermal imagers and night-vision goggles.

26 Aug 25
OpenLight raises $34M to drive silicon photonics 'revolution'

Demand spurred by AI data center boom prompts venture investment and emergence from parent firm Synopsys.

20 Aug 25
Hesai swings to profit as shipments continue to surge

Chinese lidar company reports net profit and Toyota design win, but rival Luminar cuts outlook as Volvo shipments stall.

19 Aug 25
Jenoptik shelves Prodomax sale amid ongoing tariff uncertainty

The German photonics firm also indicates that its annual sales revenues are set to decline this year.

19 Aug 25
Sales and profits up again at Fabrinet

But stock drops 10% as the contract manufacturer warns of temporary supply constraints.

14 Aug 25
Coherent sells aerospace and defense business for $400M

Photonics giant will use proceeds of sale to private equity group Advent to reduce debt; stock drops despite record sales.

13 Aug 25
Lumentum on high as AI demand accelerates

Sales revenues poised to exceed $500M in September quarter amid 'major' capacity expansion.

12 Aug 25
nLight revenues jump 22% on defense demand

High-power laser manufacturer beats sales expectations after record quarter for its aerospace and defense division.

12 Aug 25
IPG ships counter-drone laser weapons to Lockheed Martin

Fiber laser firm’s 'Crossbow' system is designed to destroy small drones; CEO says tariff impacts 'largely mitigated'.

09 Aug 25
ICFO launches 13th spin-off Shinephi for interferometric imaging

To address a “critical need” in semiconductor manufacturing and nanofabrication.

 
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