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Business News
07 Jan 20
CES 2020: Quanergy and Geely establish LiDAR development partnership

Smart city applications and Lotus car equipped with Quanergy’s S3-8 solid-state LiDAR on show in Las Vegas.

07 Jan 20
US officials 'pressed' Dutch government over ASML sales to China - report

Shipment of extreme ultraviolet (EUV) lithography equipment blocked after US government pressure, claims Reuters report.

24 Dec 19
Lumibird to acquire Ellex’s laser and ultrasound business

A$100M (€62M) deal to create global laser and ultrasound provider of systems for diagnosis and treatment of eye diseases.

18 Dec 19
Zeiss completes a decade of record-breaking sales

German optics giant posts tenth successive year of growth as turnover hits €6.4 BN.

17 Dec 19
Mauna Kea secures €7.5M Johnson & Johnson investment

Venture wing of healthcare giant boosts balance sheet and will extend collaboration on lung cancer.

11 Dec 19
ams urges more Osram shareholders to support takeover offer

Deal has passed key 55% acceptance threshold, but crucial vote and regulatory hurdles still to be overcome.

10 Dec 19
Carl Zeiss Meditec bucks the trend with record sales

Revenues jump 14% at the optics giant's medical technology subsidiary.

02 Dec 19
Ra Medical losses widen as co-founders depart

Californian developer of medical excimer laser systems posts $17M quarterly loss; now being investigated by multiple US government authorities.

26 Nov 19
Investors back ColdQuanta with $10M

Venture capitalists inject more seed funding into Boulder-based quantum technology pioneer.

19 Nov 19
Lumenis transfers to new private equity owner in $1BN deal

Israel-headquartered medical laser firm set to become part of Baring Private Equity Asia.

19 Nov 19
nLight adds laser weapons expertise with Nutronics acquisition

Cash-plus-stock deal to buy Colorado firm adds beam-combining knowledge; also boosts fiber laser firm's stock price.

13 Nov 19
Acquisitions keep Jenoptik sales on track

Solid demand in North America also helps offset wider macroeconomic weakness at German photonics firm.

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