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15 Apr 19
Coherent CEO Ambroseo retiring by 2021

Long-serving executive has worked at the laser company since 1988; global search for successor under way.

11 Apr 19
Zeiss expands metrology portfolio with GOM acquisition

Braunschweig firm employing 600 will become part of the optics giant’s 'industrial quality and research' business segment.

09 Apr 19
Lidar market to reach $6BN by 2024 - analyst

Yole Développement predicts annual growth in excess of 60% for next five years as autonomous vehicle revolution kicks in.

08 Apr 19
Lumibird results show growth potential, says firm

Earnings are up 62% to €16.5m and income from ordinary operations increases by 104% to €11.4m.

08 Apr 19
Harris selling night-vision business unit to Elbit

$350M cash deal is contingent on completion of mega-merger between Harris Corporation and L3 Technologies.

05 Apr 19
Cree to sell LED lighting business to Ideal Industries for $310M

Transaction to sharpen Cree’s focus on being a semiconductor manufacturer.

05 Apr 19
Majority stake in Amplitude Laser to be sold to L-GAM Investment Group

As Amplitude's annual revenues hit €70 million, Cathay Capital, Mérieux Equity, Bpifrance, and Auriga intend to sell their stake.

03 Apr 19
North American MV market grows by 10% in 2018

AIA survey reveals record sales of $2.87 billion, last year, following six straight years of growth.

02 Apr 19
OLED microdisplay maker eMagin reports positive 2018 trading

Year on year revenue ramps 19% to $26 million, due primarily to continued growth from new U.S. and foreign military programs.

26 Mar 19
China, Israel investors back Innoviz for automotive lidar ramp

$132M in first tranche of series C financing to support production ramp needed for BMW deal.

26 Mar 19
Jenoptik hails 2018 as ‘new record year’

Revenue rose by 11.6% to €834.6 million; firm expecting further growth in 2019.

26 Mar 19
Ouster raises $60M; opens final assembly site in San Francisco

Lidar firm says it is now engaged with more than 400 customers, on applications ranging from aerial land surveying to robotics.

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