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01 Sep 22
Koito pledges $100M Cepton investment

US lidar firm looks to scale production, while analyst Yole says Chinese companies now lead the automotive lidar market.

31 Aug 22
First Solar to beef up US manufacturing capacity

Maker of CdTe modules plans $1.2BN investment, with new domestic site expected to be operational in 2025.

31 Aug 22
Corning to build new optical cable facility in Arizona

Glass and fiber-optics giant expects to create 250 jobs at site in Phoenix area.

24 Aug 22
II-VI posts record financial results as Coherent era begins

Photonics and materials giant to re-brand under the ‘Coherent’ name in early September.

18 Aug 22
Lumentum looks to innovate as supply constraints start to ease

Photonics giant to accelerate R&D spending, but expects major loss of market share in 3D sensing for smart phones.

16 Aug 22
Fabrinet optimistic as customers sign up to use new facility

Photonics packaging service provider sees stock rise in value after posting 20% jump in annual sales.

16 Aug 22
Innoviz tipped to take the lead in automotive lidar

Consultancy firm Strategy Analytics suggests that a major supply deal with Volkswagen affiliate CARIAD will see Innoviz become market leader.

15 Aug 22
Rockley's losses increase but CEO Rickman remains upbeat

Health monitoring tech firm also announces first purchase order for its Bioptx Baseline Band; forms scientific advisory board.

10 Aug 22
Jenoptik lifts full-year targets as sales and orders jump

Photonics firm reports fast-rising demand fueled largely by sustained semiconductor equipment boom and recent acquisitions.

10 Aug 22
nLight recovers from Shanghai lockdown

Slowdown in China offset by growing traction in additive manufacturing and directed energy weapons.

09 Aug 22
Blue laser pioneer Nuburu eyes $330M SPAC listing

Colorado company targets welding and 3D printing applications with short-wavelength systems.

05 Aug 22
QLM wins £12M Series-A funding and venture with Schlumberger for gas detection

Quantum technology camera quantifies methane emissions and flare efficiency.

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