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Business News
30 Oct 18
IPG positive on 2019 prospects

Fiber laser firm sees opportunities to cement market-leading position amid current market downturn.

29 Oct 18
'Image-quality' lidar firm raises $30M

Silicon Valley-based Innovusion wins Chinese venture backing to target market for autonomous vehicles with laser sensors.

25 Oct 18
Laser division helps MKS ride out semiconductor slowdown

Spectra-Physics performing well amid generally weaker trading outlook.

24 Oct 18
Luminex buys MilliporeSigma's flow cytometry interests for $75 million

Transaction for medical imaging technology assets is expected to be completed by the end of 2018.

23 Oct 18
EOS sells five 3D laser AM machines to Visser

Deal, which doubles Visser's metal 3D capacity, comprises 3 EOS M 400-4 systems and 2 of the new EOS M 300-4 systems.

19 Oct 18
Luna snaps up Micron Optics in $5M acquisition

Atlanta-based Micron specializes in tunable filters, swept lasers, and high-speed, long-distance optical sensing units.

18 Oct 18
Profits surge at Trumpf

Pre-tax income up more than 50% on last year as the laser firm benefits from demand for EUV lithography tools.

18 Oct 18
ASML positive on 2019 prospects

Lithography giant’s stock makes gains on upbeat outlook for equipment sales next year and introduction of new higher-throughput EUV tool.

11 Oct 18
China's RoboSense raises $45M for auto lidar development

Shenzhen company attracts backing from some major players in domestic automotive industry.

10 Oct 18
Wall Street blues: Ra Medical slips back after $68M IPO

Recently NYSE-listed California firm has developed an excimer laser treatment for clearing blocked arteries.

10 Oct 18
L3 wins $454M 5-year deal to supply US Army with drone sensors

WESCAM MX-10D systems destined for US Army's Shadow UAV Program; the largest ISR contract in L3's history.

10 Oct 18
Berliner Glas splashes €30M to expand production capacity

Investments this year will see extended workspace, new cleanrooms and 10% boost for staffing, to meet growing demand.

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