Due to reduced demand Q3, 2023, revenue now set to be $380-$384M from previous forecast of $430-$460M.
California startup attracts series A funding a couple of months after pivoting away from ‘smart’ contact lenses.
But machine vision components provider to pay shareholder dividend following record sales last year.
Lidar firm eliminates 200 jobs as part of effort to reduce costs dramatically following recent merger with Velodyne.
Sharp and others back Fraunhofer spin-out developing MEMS-based approach for AR/VR glasses.
Management reshuffle sees Peter Leibinger become chairman of the industrial laser giant’s supervisory board.
Fiber-optics firm completes “transformative” year; expects strong growth in 2023; but stock price falls ~30%.
French photonics group blames supply chain constraints, with brokers needed to source some key components.
Technology firm to build 'Himawari-10' geostationary craft for the Japan Meteorological Agency.
Photonics firm will provide whole slide scanners to medical technology giant under multi-year deal.
German optics giant had originally formed the subsidiary as a joint venture with Deutsche Telekom in 2018.
Company headcount down 15% but laser firm expects solid growth in weapons applications following US Congress budget boost.