Industry analysts at Solarbuzz say that shipments in the second quarter of 2011 were far weaker than had been projected.

Illinois spin-out with backing from Siemens tops up first tranche of series C funding round with additional debt finance.

With strong growth across the business and Raman applications gaining commercial traction, the UK firm acquires a huge new site.

US medical laser company acquires ConBio subsidiary belonging to the Japanese optics giant HOYA Corporation.

Formed just last month, NikkoIA aims to manufacture hybrid organic-inorganic near-infrared detectors for medical and security use.

Defense contractors sign memorandum of understanding to "aggressively target" the international market for infrared countermeasures.

Giant German engineering firm purchases a 16% stake in concentrating PV company headed up by former Osram OS executive Joe Carr.

IHS iSuppli reports that plunging prices of crystalline solar modules could reverse an anticipated fall in PV installations next year.

Latest expansion of former Kodak optical imaging division expected to create 151 more jobs at Rochester Precision Optics' New York facility.

Trio of public Chinese companies form a new photovoltaics-focused investment consortium with access to a $10 billion credit facility.

The infrared optics company remains optimistic about future business, despite worries over US military spending.

Cull of 1200 staff in company's Space Systems division to be felt at site that built the solar wings that power the International Space Station.