Optics.org
daily coverage of the optics & photonics industry and the markets that it serves
Featured Showcases
Photonex+Vacuum Technologies
News
Menu
Business News
24 Nov 20
Optical systems design wins boost Jenoptik order book

Biophotonics applications including robotic surgery and point-of-care Covid-19 tests expected to add €9 million to annual sales.

23 Nov 20
M-Squared refinances with state support

New Scottish National Investment Bank acquires an interest in the laser firm.

17 Nov 20
Hitachi snaps up Valencia spin-out VLC for integrated photonics expertise

VLC Photonics offers fabless development services for PICs across numerous sectors, including telecom, lidar, and sensing.

12 Nov 20
Ayar Labs wins $35M in Series B Funding – and new backers

As interest in optical I/O grows, Applied Ventures, Castor Ventures, Downing Ventures, and SGInnovate join Ayar's existing investors.

11 Nov 20
nLight grows footprint as record quarterly sales beat expectations

6 kW fiber lasers power industrial sales growth; Nutronics acquisition boosts defense side.

11 Nov 20
Coherent sharpens focus as bookings bounce back

Laser firm reports strong momentum in displays and research sectors; to acquire EOT for directed energy weapons components.

05 Nov 20
Margins up at II-VI as 3D sensing demand proliferates

Pre-tax earnings rise at what is now one of the world’s largest optics and photonics companies.

03 Nov 20
Lumentum 'seeds' automotive applications to drive future VCSEL sales

Boom in 3D sensing technology in latest quarter offset by 5G push-outs and weak demand for industrial lasers.

02 Nov 20
IPG to launch hand-held laser welder

Fiber laser company is aiming to release a variety of potentially disruptive products within the next year.

28 Oct 20
Record-breaking sales at MKS as research spending recovers

Diversified industrial group sees continued strength in semiconductor and microelectronics manufacturing segments.

28 Oct 20
Continental buys into AEye lidar

Plan to industrialize long-range 1550 nm sensor technology for automotive use, with series production slated for 2024.

20 Oct 20
Jenoptik drops outlook as Covid situation deteriorates

German photonics giant reduces annual sales expectations down by a further €40M.

Copyright © 2021 SPIE EuropeDesigned by Kestrel Web Services