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13 May 20
Employees awarded equity as Novanta cuts costs

Travel ban and hiring freeze among the measures as company prepares to weather global economic downturn.

13 May 20
Jenoptik 'encouraged' amid coronavirus and automotive headwinds

Photonics company has reset its ambitions for the year, and is expecting a second-half recovery.

12 May 20
II-VI surges after confident outlook

Boom in online traffic during lockdown prompts rush of demand for key photonic components needed in networks and data centers.

07 May 20
nLight loss widens as margins shrink

But the high-power diode and fiber laser maker says less severe disruption in China helped deliver better-than-expected results.

07 May 20
FLIR reveals $100M surge in orders for elevated skin temperature screening

Thermal imaging company sees widespread spike in demand across numerous industries.

06 May 20
IPG bounces back despite Covid-19 complications

Fiber laser giant's stock price returns to pre-pandemic levels as the company reports rapid recovery in China.

05 May 20
Supply challenges hit Lumentum sales

But the photonic component giant expects to benefit from an accelerated shift to digital working and virtual entertainment.

28 Apr 20
IQE stays positive amid market uncertainty

Advanced semiconductor wafer foundry says relaxed debt terms will help ensure liquidity in the event of a severe recession.

28 Apr 20
Cognex steady despite Covid disruption

Machine vision firm adapts to ‘new reality’ as chairman urges governments to better balance pandemic risks with lockdown impact.

22 Apr 20
Tucson venture fund backs Wyant laser countermeasures spin-out

UAVenture Capital invests in supercontinuum technology developed at the University of Arizona’s influential school of optics.

15 Apr 20
ASML using augmented reality to support lithography customers

Semiconductor equipment giant says it has come up with creative solutions to the challenges of Covid-19, while prioritizing safety.

14 Apr 20
Source Photonics to upgrade laser production after $40M boost

US-headquartered firm says its production facilities in China and Taiwan have remained operational despite Covid-19 pandemic.

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