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18 Apr 23
Kepler raises $92M for optical satellite links

Toronto startup planning to launch optical data relay infrastructure next year.

13 Apr 23
Ouster sues Hesai for patent infringement

US-based lidar firm requests ban on imports of devices made by its Chinese rival.

12 Apr 23
SWIR imaging market 'worth $2.9BN by 2028'

Yole Intelligence says that the war in Ukraine and tensions over Taiwan will push defense applications beyond prior expectations.

12 Apr 23
Photonis eyes methane sensing with deal to buy Telops

French firm continues acquisition strategy with deal to buy Canadian provider of infrared and hyperspectral imagers.

06 Apr 23
Lumentum announces weaker financials for third quarter

Due to reduced demand Q3, 2023, revenue now set to be $380-$384M from previous forecast of $430-$460M.

06 Apr 23
Mojo Vision closes $22M round to develop quantum-dot micro-LEDs

California startup attracts series A funding a couple of months after pivoting away from ‘smart’ contact lenses.

30 Mar 23
Basler implements cost-cuts as orders slow

But machine vision components provider to pay shareholder dividend following record sales last year.

29 Mar 23
Ouster cuts costs as losses widen

Lidar firm eliminates 200 jobs as part of effort to reduce costs dramatically following recent merger with Velodyne.

28 Mar 23
OQmented lands $20M for tiny laser beam scanners

Sharp and others back Fraunhofer spin-out developing MEMS-based approach for AR/VR glasses.

22 Mar 23
Trumpf promotes Berthold Schmidt to CTO

Management reshuffle sees Peter Leibinger become chairman of the industrial laser giant’s supervisory board.

16 Mar 23
Luna Innovations reports modest 2022 results

Fiber-optics firm completes “transformative” year; expects strong growth in 2023; but stock price falls ~30%.

15 Mar 23
Lumibird positive on 2023 prospects despite dented profits

French photonics group blames supply chain constraints, with brokers needed to source some key components.

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