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Business News
21 Apr 14
Professional production LED lighting market forecast

US sales of LED-based production lighting to double by 2020 to $80m.

17 Apr 14
ASML: volume productivity with EUV in 2016

Lithography firm expects to recognize revenue for sale of eight EUV systems this year.

11 Apr 14
Funding boost for Gooch and Housego

Photonics firm lands £0.8M in latest round of the UK government's Regional Growth Fund.

09 Apr 14
Key investor sells €60 m stake in Jenoptik

Ergo Versicherungsgruppe, longstanding major shareholder of Jenoptik, cashes in 8.5% stake for €60 million.

08 Apr 14
Truesense Imaging set for $92M transition to ON Semiconductor

Acquisition of former Kodak digital imaging division gives chip maker access to high-performance market.

04 Apr 14
European turnaround pushes laser systems market to new high

Global market for industrial laser systems worth $10.7BN in 2013, says Optech’s Arnold Mayer.

03 Apr 14
Average LED lamp price drops 9% in one year

Combination of Chinese production, improved performance and fierce competition drives down unit costs.

02 Apr 14
NASA hands key laser comms contract to ITT Space Systems

ITT wins 15-month contract to build key elements of the Laser Communications Relay Demonstration project.

01 Apr 14
Luxexcel invests in new production site

Multi-million euro investment will support batch production of tens of thousands of 'printed-on-demand' optical components.

01 Apr 14
Andor promotes engineering chief to lead role

Gary Wilmot succeeds Conor Walsh, who is stepping down following the recent Oxford Instruments takeover.

26 Mar 14
Thorlabs goes ultrafast in Michigan

New business unit in Ann Arbor will focus on lasers, modulators and subsystems initially.

25 Mar 14
Jenoptik shares at decade-high as net debt shrinks

Another year of steady growth expected as strong cash generation helps reduce net debt by millions of euros.

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