The German laser systems company has sold 50 high-power disk systems to car maker Volkswagen, for delivery over the next two years.
VDMA market assessment prompts positive forecast for laser industry, but a serious shortage of skilled labor looms.
Despite some lingering concerns over the supply of lasers, the component maker has recovered well from the impact of the devastating earthquake.
Judge sets October trial date for laser hair removal case as Candela's parent company Syneron reports a sharp increase in sales.
As new entrants line up to challenge IPG, Oclaro is aiming to become the primary merchant supplier of power diodes for fiber laser systems.
Unspecified Asian country places major order for optical surveillance kit, but electro-optic sales decline at the Israeli defense firm.
Reorganized and once again listed on the Nasdaq exchange after emerging from bankruptcy, GSI Group plans to refinance its debt later this year.
Precision optical component manufacturer negotiates two-year extension to loan notes and focuses on cost reduction.
Saudi Arabia requests to purchase a range of night vision equipment, with the prime contractors set to be FLIR and Laser Devices.
Sales fall sharply at the major German cell and module manufacturer, due to both seasonal effects and weakness in Italy and France.
Giant German optics firm reports a 19% revenue jump in the first half of its fiscal year, with semicon and medical markets leading the way.
*updated* Private equity firm Norwest sells one of the best-known brands in photonics, eight years after buying what was then known as CVI Laser.