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Business News
22 Mar 23
Trumpf promotes Berthold Schmidt to CTO

Management reshuffle sees Peter Leibinger become chairman of the industrial laser giant’s supervisory board.

16 Mar 23
Luna Innovations reports modest 2022 results

Fiber-optics firm completes “transformative” year; expects strong growth in 2023; but stock price falls ~30%.

15 Mar 23
Lumibird positive on 2023 prospects despite dented profits

French photonics group blames supply chain constraints, with brokers needed to source some key components.

15 Mar 23
Mitsubishi Electric, L3Harris win weather satellite contracts

Technology firm to build 'Himawari-10' geostationary craft for the Japan Meteorological Agency.

08 Mar 23
Hamamatsu teams with Siemens Healthineers on digital pathology

Photonics firm will provide whole slide scanners to medical technology giant under multi-year deal.

07 Mar 23
Zeiss becomes sole owner of AR/VR developer 'tooz'

German optics giant had originally formed the subsidiary as a joint venture with Deutsche Telekom in 2018.

01 Mar 23
nLight invests in automation as it cuts workforce

Company headcount down 15% but laser firm expects solid growth in weapons applications following US Congress budget boost.

01 Mar 23
MKS optimistic on $200M ransomware recovery

Key supplier to the semiconductor industry expects to recoup vast majority of impacted sales in the second quarter of 2023.

28 Feb 23
Silex raises $81M to advance laser enrichment of nuclear fuel

Australian company says latest funding boost will enable it to accelerate pilot scheme development and commercialization.

23 Feb 23
Luminar signs 'multi-billion dollar' deal with Mercedes-Benz

Long-wavelength lidar set to feature in a broader range of production vehicles from the German automaking giant.

22 Feb 23
IDloop raises €10M for 'digital fingerprint' capture

Jena firm receives support via European Innovation Council Accelerator funding scheme.

21 Feb 23
Cognex outlook hit as logistics customers rein in spending

Machine vision pioneer's stock price drops 13% following latest financial update.

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