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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.

19 May 20
UniKLasers to expand following latest equity round

UK laser manufacturer has also appointed a new CEO, and says it will increase its workforce ‘significantly’.

14 May 20
Osram’s Q2 revenue dips 8% but pre-tax earnings lift

Firm adjusts to counter Covid-19 impact, making structural changes with short-time working to cost-cuts.

13 May 20
Silicon photonics markets extend beyond datacoms – analyst Yole

Review predicts sustained growth for booming technology with sales expected to hit $3.9B by 2025; Intel leading.

13 May 20
Employees awarded equity as Novanta cuts costs

Travel ban and hiring freeze among the measures as company prepares to weather global economic downturn.

13 May 20
Jenoptik 'encouraged' amid coronavirus and automotive headwinds

Photonics company has reset its ambitions for the year, and is expecting a second-half recovery.

12 May 20
II-VI surges after confident outlook

Boom in online traffic during lockdown prompts rush of demand for key photonic components needed in networks and data centers.

07 May 20
nLight loss widens as margins shrink

But the high-power diode and fiber laser maker says less severe disruption in China helped deliver better-than-expected results.

07 May 20
FLIR reveals $100M surge in orders for elevated skin temperature screening

Thermal imaging company sees widespread spike in demand across numerous industries.

06 May 20
IPG bounces back despite Covid-19 complications

Fiber laser giant's stock price returns to pre-pandemic levels as the company reports rapid recovery in China.

05 May 20
Supply challenges hit Lumentum sales

But the photonic component giant expects to benefit from an accelerated shift to digital working and virtual entertainment.

28 Apr 20
IQE stays positive amid market uncertainty

Advanced semiconductor wafer foundry says relaxed debt terms will help ensure liquidity in the event of a severe recession.

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