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Business News
09 Oct 18
CMOS image sensor sales ‘set for further strong growth’ – analyst

Yole Dévelopement raises CIS forecasts again through 2022 with growth seen in all segments except computing.

09 Oct 18
Lidar firm SOS Lab lands $6M

Korean startup is the latest to target the future market for autonomous driving; auto parts giant and Hyundai among early backers.

09 Oct 18
Laser materials processing specialist 4JET raises €15M for expansion

Venture capital round and company reorganization completed in response to ‘surging’ demand for laser machines used in automotive sector.

08 Oct 18
IPG stock price slumps as tariffs bite

Stock price dives 14% as fiber laser maker suggests it may miss its already-revised full-year growth target.

03 Oct 18
Novanta completes purchase of Laser Quantum in $45m deal

Acquires remaining 24% of outstanding shares, following its 76% buy-in, last year.

03 Oct 18
Earnings on the rise at Lumibird

Executive team at former Quantel-Keopsys business remain confident of hitting €100M sales target for 2018.

26 Sep 18
Isorg raises €24M for organic photodetector ramp

Grenoble-based CEA spin-out looks to target applications in consumer electronics as it shifts to mass production.

24 Sep 18
Losses widen as Mauna Kea grows applications base

Strategic switch to pay-per-use scheme in the US said to be gaining traction, but overall sales remain down on last year.

19 Sep 18
Medical laser firm eyes $50M IPO

Ra Medical Systems is commercializing laser treatment of blocked blood vessels related to diabetes and obesity.

18 Sep 18
Vuzix to develop augmented reality headgear for aerospace client

Initial $250k deal with 'top-tier' partner for waveguide-based head-mounted display; WaveOptics opens US headquarters.

13 Sep 18
Optical link developer Silicon Line raises €8.2m

Low-power optical link developer will invest new Series B funding in production, expansion and Asian presence.

12 Sep 18
Boeing on board as BridgeSat raises $10M

Company is developing a network of ground stations to connect satellites and high-flying UAVs with high-speed laser links.

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