Another new entrant in automotive lidar for autonomous vehicles, Innoviz was set up by former Israeli intelligence officers.

$18M acquisition of infrared optics firm with operations in Latvia relies on loan note to the vendors and cash raised through stock offering.

But the organic LED materials firm says revenue delay is only temporary as customers gear up for capacity ramps next year.

Friedrichshafen company buys 40% stake in Hamburg-based Ibeo Automotive Systems; eyes ‘mirror-free’ scanning.

Outgoing chief Fran Kramer set to continue in chairman role as Chuck Mattera steps up to lead device ramp for sensing applications.

Industrial laser giant with a significant footprint in the UK reports headwinds from China in its preliminary annual sales figures.

Seattle start-up now plans to start shipping quasi-industrial laser cutting systems to first customers from December.

IDEX subsidiary sold for $19 million in all-cash transaction.

German chemicals giant becomes second major player to license cadmium-free nanomaterials in little over a week.

Fiber laser giant holds onto market share at expense of lower selling prices.

Stock prices nudges all-time high as Coherent lands more big orders for OLED display production.

Austrian optical sensing firm says latest strategic deal will help it grow automotive, industrial and medical applications.