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18 Apr 12
ASML delays EUV tool revenue recognition

Production EUV systems now being integrated in Veldhoven, but revenues will not be recognized until early 2013.

18 Apr 12
First Solar slashes 2000 jobs; closes Frankfurt fabs

Leading photovoltaics company reacts to shrinking subsidies by closing its two Frankfurt sites and laying off 2000 workers.

16 Apr 12
Nufern to build 46 fiber amps for US military

Rofin-Sinar subsidiary awarded multiple contracts for kilowatt-class fiber amplifiers as part of directed energy weapons effort.

13 Apr 12
Zygo boosted by medical, EUV orders

Optics and metrology firm receives major orders for lens assemblies and extreme UV lithography development.

12 Apr 12
IDEX buys Precision Photonics in $20M cash deal

Industrial fluidics company further expands its optics and photonics technology platform with acquisition of “impossible optics” provider.

11 Apr 12
Philips targets Russian roads with Optogan

Lighting giant sets up joint venture to target high-growth market with local LED specialist.

10 Apr 12
Equity sale boosts Lightwave Logic cash reserves

Developer of electro-optic devices based on organic molecules says it now has enough cash for the next 18 months of operations.

05 Apr 12
PV facing ‘withdrawal from subsidy addiction’

As incentives subside, analysts see PV making strides in emerging markets, and sustained subsidy-free market growth by 2017.

03 Apr 12
Inrad Optics swings to 2011 profit

Company formerly known as Photonic Products Group reduces debt but sees push-out of ‘several’ large orders.

03 Apr 12
SUSS grows laser portfolio with Tamarack deal

The German lithography equipment maker expands its product offering substantially with $9.3 million acquisition.

02 Apr 12
Q-Cells files for bankruptcy

Recent court ruling makes the German photovoltaics company’s restructuring plans unworkable.

29 Mar 12
Emcore sells VCSEL operation to Sumitomo

Fiber-optic component maker boosts cash balance with $17 M sale to Japanese-owned rival.

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