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18 Jun 20
Osram could see €100M cash hit this year

Lighting and photonics giant now expecting revenues to decline 35% in current quarter; UV-C lamps approved for coronavirus disinfection.

16 Jun 20
Lumibird raises €36M in rights issue

Shareholders back acquisition strategy with oversubscribed fundraiser; Ellex acquisition gets approval.

11 Jun 20
SUSS partnership to aid nanoimprint applications in photonics

Chemicals expertise from new partner Micro Resist Technology aimed at diffractive optical elements and more.

10 Jun 20
Semiconductor fab spending to roar back in 2021

SEMI organization predicts 24% upswing to new record level following Covid-delayed recovery.

09 Jun 20
Materion grabs coatings opportunity with Optics Balzers deal

$160 million all-cash acquisition set to create ‘world-leading’ provider of thin-film optical coatings.

03 Jun 20
Gooch & Housego pulls dividend on Covid uncertainty

UK optics firm looks to control cash but says all of its US facilities are now back up and running.

02 Jun 20
Global slowdown prompts 190 job losses at Cognex

Bosses agree to waive salaries as the machine vision firm takes significant steps to reduce costs.

28 May 20
New Coherent CEO looks to simplify company structure

Andy Mattes says laser giant has been able to maintain manufacturing capacity at around 90% amid the Covid-19 pandemic.

27 May 20
SOS Lab aims to commercialize low-cost lidar with latest funding

Korean startup says it has now raised $14M, and is planning to launch a VCSEL-based product for cars next year.

26 May 20
Ra Medical raises $8.7M in stock offering

Californian firm developing excimer laser treatment for vascular disease also agrees $2M loan under coronavirus relief scheme.

20 May 20
Zeiss braces for Covid-19 impact

Optics giant feels initial effects of pandemic, but says semiconductor business remains stable at the moment.

19 May 20
BAE Systems wins $27M deal to fit IR defense kit on US Navy aircraft

Large Aircraft Infrared Countermeasures system designed to protect KC-130J transport and aerial refueling plane.

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