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15 Feb 23
IPG optimistic despite impact of strong dollar and Russia restructuring

Fiber laser firm rides EV battery boom, and says investment in automation and new locations will pay dividends.

14 Feb 23
Alcon pays $199M to settle femtosecond laser cataract surgery claims

Pending legal dispute with Johnson & Johnson division resolved with payment and cross-licensing deal.

09 Feb 23
Commercial laser sales boost Lumentum

US firm’s business remains dominated by communications and sensing, but ultrafast and fiber lasers are in demand.

08 Feb 23
Coherent senses new opportunity in OLED

Giant laser and photonics company launched a raft of new products at Photonics West; stock set for NYSE switch.

07 Feb 23
Spectroscopy firm Dxcover raises £10M in series A and grant funding

'Liquid biopsy' technique aimed at early-stage cancer diagnosis via algorithmic analysis of infrared spectra.

25 Jan 23
Rockley Photonics files for bankruptcy

Developer of optical 'clinic-on-the-wrist' is seeking to release $35M in cash via a restructure.

25 Jan 23
ASML predicts 25% sales growth in 2023

Lithography system vendor sees no let up demand, despite geopolitical and inflationary pressures.

17 Jan 23
Thorlabs extends lens expertise with JML Optical acquisition

Deal to buy Rochester firm expected to close by the time both Thorlabs and JML exhibit at Photonics West.

12 Jan 23
Kopin spins off OLED unit targeting AR/VR applications

US developer of microdisplays cuts remaining workforce as it seeks to restore profitability.

11 Jan 23
Dutch consortium buys into PIC manufacturer LioniX

Local group including industry ecosystem PhotonDelta acquires €3.5M interest from Korean investor.

05 Jan 23
Opsys Tech tops up latest venture effort with additional $36.5M

Israeli developer of automotive lidar eyes production ramp after closing $51.5M series C round.

04 Jan 23
Lumotive raises $13M for metamaterial beam-steering chips

Seattle startup backed by Samsung Ventures says it is engaged with two-dozen major firms on autonomous applications.

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