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15 Mar 22
NKT sells ‘LIOS’ sensing business to Luna Innovations for €20M

US-based Luna acquires distributed fiber optic monitoring division; sells Luna Labs unit to focus on optical technologies.

09 Mar 22
Rockley posts hefty losses amid push to accelerate commercialization

Silicon photonics firm re-deploys datacom engineers to biosensing projects as it targets healthcare applications.

03 Mar 22
IPG continues production in Russia as contingency plans kick in

Fiber laser firm has major operations in Russia and Belarus; stock price falls 10% on analyst downgrade.

02 Mar 22
Lidar firms burn through cash in race to commercialization

Velodyne, Luminar, Aeva, Aurora, and Ouster report latest financial results.

24 Feb 22
Micro-LED maker Porotech raises $20M

University of Cambridge spin-out has created porous gallium nitride materials that can be tailored for red, green, or blue emitters.

23 Feb 22
Cognex upbeat as annual revenues break billion-dollar mark

Boom in demand from logistics applications and a rebound in the automotive sector push sales and earnings to a new high.

22 Feb 22
Ocean Insight acquires International Light Technologies for $26 million

Acquisition expands company’s portfolio in light measurement and detection; Ocean’s spectrometers support research at European XFEL.

22 Feb 22
nLight stock sheds 20% despite record sales figures

Fiber laser firm has successfully diversified away from China, but drops in value after losses widen.

16 Feb 22
Trumpf broadens ultrafast fiber laser offering with AFS deal

Industrial laser giant acquires majority share in Jena-based Active Fiber Systems.

15 Feb 22
IPG slips back despite record sales in 2021

Fiber laser giant accelerates its transition away from China’s highly competitive market for high-power laser cutting.

14 Feb 22
nLight expands in Europe with Plasmo acquisition

Fiber laser firm has previously collaborated with provider of monitoring equipment for welding and additive processes.

10 Feb 22
Quanergy completes $175M SPAC listing

Californian lidar firm will use new liquidity to repay $35M loan notes.

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