Transition to unsubsidized markets hinges on competitive pricing and reliability – such as using satellite imagery to predict cloud cover.
Company now has a backlog of 86 high-power fiber lasers, but share price drops sharply on weak guidance.
But the laser and photonic subsystem provider sees an upturn in demand from the semiconductor market, and long-term potential in defense.
Onwards and upwards for the fiber laser specialist, whose products are directly boosting the productivity of US auto manufacturers.
Russia’s sovereign technology investment corporation pays $8 per share for stake in photonic chip developer.
Developer of laser- and light-based dermatology systems hopes to raise profile of company among Israeli investors.
The laser company sees a surge in orders for multiphoton spectroscopy applications and materials processing, but shares fall 10%.
Parent company cuts operating expenses at its optics and photonics subsidiary in a bid to improve margins.
But major provider of infrared optics is boosted by growing demand, plus new applications in EUV lithography and green laser diodes.
After Nichia launches a lawsuit against its Taiwanese rival in Germany, Everlight seeks damages from Michigan court.
SPECTOR-HT deposition system said to deliver up to four-fold hike in throughput for high-precision optical coatings.
Production EUV systems now being integrated in Veldhoven, but revenues will not be recognized until early 2013.
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