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15 Aug 23
Sensing demand boosts Luna sales

Fiber-optic sensing and testing specialist reports 11% jump in quarterly revenues.

15 Aug 23
Innoviz raises $65M in follow-up share offering

Nasdaq-listed firm began shipping production lidar units to key customer BMW last month.

14 Aug 23
Ouster targets automotive with long-range 'digital flash'

Lidar firm also believes latest cost-cuts and strong bookings have put it on a path to profitability.

09 Aug 23
Photonics unit powers continued Jenoptik revenue growth

Divisional sales up 13% as the German optics powerhouse remains optimistic despite the weakening global economy.

08 Aug 23
nLight sales dip in latest quarter as firm battles ‘headwinds’

CEO remains optimistic despite Q2 revenues of $53 million falling 12.4% on prior year's quarter.

08 Aug 23
Industrial slowdown hits Cognex outlook

Machine vision firm says customers in consumer electronics and chip production are being especially cautious.

03 Aug 23
MicroLED maker Kubos awarded £700,000 funding from Innovate UK

Cambridge-based materials technology company also announces first patents, export plans, and customer win.

02 Aug 23
First Solar to build fifth US factory

US module maker to spend $1.1BN on new domestic manufacturing site scheduled to begin production within three years.

02 Aug 23
IPG stock drops on weaker outlook

Fiber laser firm says that many of its customers expect a slowdown in the remainder of 2023.

01 Aug 23
Blue Laser Fusion claims $25M seed round

Silicon Valley startup co-founded by Nobel laureate Shuji Nakamura aims to build a 'commercial-ready' fusion reactor by 2030.

31 Jul 23
ams Osram announces strategic re-alignment of the group

As part of its second quarter financial results – which were in line with company expectations.

27 Jul 23
Corning reports improved second quarter financials

Sales increased sequentially but decreased year on year, in current “weak end-market”.

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