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23 May 19
OLED tech developer Cynora secures $25M Series C funding

Company also names serial start up leader Adam Kablanian as new CEO.

20 May 19
Huawei row hits photonics stocks

Value of Neophotonics, Lumentum, and II-VI all slump after blacklisting order by US government.

16 May 19
Second Sight seeks research talent as it focuses on Orion implant

US firm developing prostheses to restore level of sight to blind people will suspend production of older ‘Argus II’ product.

15 May 19
Toyoda Gosei backs optical design startup

Yamagata-based Imuzak also develops optical elements based on moth-eye nanostructures.

13 May 19
nLight reports dip in first quarter trading

Revenues, income and margins slide against previous year’s same quarter due to “seasonal softness and aggressive competition” in China.

09 May 19
Osram reveals ‘expected’ €91 million loss in Q2, 2019

Continued market weakness in automotive, lighting and mobile devices hits photonics giant, which announces remedial actions.

09 May 19
Jenoptik cheered as order book swells

Sharp increase in sales and bookings from ‘Light and Production’ division keeps German firm on track despite weakness elsewhere.

08 May 19
Novanta steady despite macro worries

Overall sales up but photonics segment down amid weak macroeconomic environment and microelectronics slowdown.

08 May 19
Lumentum reports ‘strong’ third quarter results

First full quarter since Oclaro acquisition, results include impact of restructure and costs related to shift in datacom strategy.

07 May 19
Zeiss continues upward march

Sales and earnings up strongly again, thanks in part to the growing contribution of extreme ultraviolet optics.

02 May 19
IQE gets first order to mass-produce VCSEL wafers

UK-based epitaxial wafer foundry expecting two more customers to move to scale in next few weeks.

01 May 19
II-VI reports strong demand across communications portfolio

Leading edge of 5G network deployments and a strong uptick in bookings from China and India help fill the order book.

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