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15 Feb 22
IPG slips back despite record sales in 2021

Fiber laser giant accelerates its transition away from China’s highly competitive market for high-power laser cutting.

14 Feb 22
nLight expands in Europe with Plasmo acquisition

Fiber laser firm has previously collaborated with provider of monitoring equipment for welding and additive processes.

10 Feb 22
Quanergy completes $175M SPAC listing

Californian lidar firm will use new liquidity to repay $35M loan notes.

09 Feb 22
II-VI merger with Coherent delayed by Chinese regulators

Deal now expected to close by mid-May, amid 'constructive' talks with China's antitrust authority.

03 Feb 22
Supply chain constraints blunt Lumentum's growth outlook

Photonics giant to miss out on $65M in the March quarter, but demand remains strong across all parts of the business.

02 Feb 22
Fabrinet sales up again despite supply chain headwinds

Contract manufacturer posts a solid increase in revenues, with the contribution from silicon photonics reaching record levels.

01 Feb 22
Teledyne Flir Defense wins $100 million contract with Danish Defense Forces

To provide medium- and long-range surveillance systems for imaging and sensing over next seven years.

01 Feb 22
Photonics sales up again as MKS posts record quarter

Owner of Spectra-Physics and Newport brands about to diversify further with Atotech acquisition.

26 Jan 22
Thermal imaging startup Owl Autonomous lands $15M venture round

Luminate NY Accelerator among the series A backers of San Francisco firm targeting automotive safety.

25 Jan 22
New funding values Nuburu at $350M

Blue industrial laser pioneer has also hired a new COO sand sales VP to boost commercialization efforts.

19 Jan 22
ASML sales boom continues as Intel places high-NA order

Dutch lithography giant expects revenues to grow 20% this year as demand exceeds capacity.

13 Jan 22
KPM Analytics acquires Bruins Instruments

Bruins specializes in near-infrared analytical equipment for the food industry, all based around a rapid scanning monochromator.

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