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28 Mar 24
Celestial AI Closes $175 Million Series C funding round

Led by U.S. Innovative Technology Fund, investment to scale commercialization of Photonic Fabric platform.

27 Mar 24
Jenoptik eyes 2024 growth as Dresden facility nears completion

Jena-headquartered optics and photonics giant says it is on track to hit 2025 sales target of €1.2BN.

27 Mar 24
Masimo ponders spinning off consumer business

Maker of pulse oximetry sensors and smart watches evaluates split of business into healthcare and consumer units.

26 Mar 24
Luna CEO steps down after annual report delayed

Scott Graeff leaves company after 21 years; stock price down nearly 50% since news that 2023 sales figures were under review.

21 Mar 24
European Innovation Council backs photonics in latest funding round

Several European startups will share in €285M scheme blending grants and equity investment.

19 Mar 24
University of Twente spin-off Flowbeams gains €2.5 million grant

Funding will be used to develop laser-based, needle-free injection technology.

19 Mar 24
Quintessent lands $11.5M to advance optical interconnects

Santa Barbara startup is developing quantum-dot frequency comb lasers for applications in 'accelerated' computing.

19 Mar 24
G&H sells Boston operation in $12M deal

EM4 subsidiary specializing in active optoelectronic components and packaging sold to unspecified US buyer.

13 Mar 24
Laser fusion startup Longview signs power plant design contract

California firm set up by former NIF director Edward Moses expects power plant to be operational within a decade.

12 Mar 24
Hesai expects sales momentum to continue following 'landmark' year

Lidar firm confident of another strong year, despite impact of recent Department of Defense listing as 'Chinese military company'.

06 Mar 24
Aeva plans route to FMCW lidar ramp

CEO says it is now a matter of 'when', and not 'if', the automotive industry adopts the more advanced sensing technology.

05 Mar 24
First Solar forecasts sales boom in 2024

Maker of cadmium telluride panels set to take advantage of additional capacity, with further expansion under way.

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