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09 Nov 23
Microsoft backs optical quantum computing developer Photonic

Canadian startup reveals strategic collaboration and $100 M venture funding round.

08 Nov 23
Coherent buoyed by continued AI datacom surge

Demand for faster transceivers helps offset market weakness impacting industrial laser and instrumentation sales.

07 Nov 23
nLight agrees megawatt laser weapon deal

US Department of Defense award doubles value of existing contract to $171 million.

02 Nov 23
Lumentum to acquire Cloud Light in $750 million deal

To accelerate optical data center speed and scalability; union set to deliver five-fold expansion in cloud business.

02 Nov 23
Jabil takes on Intel's silicon photonics transceiver module business

Chip giant will instead focus its efforts on components needed to scale artificial intelligence applications.

01 Nov 23
Customer caution drags on Cognex sales

Machine vision firm's 2023 revenues will be well below recent years, despite the addition of high-spec optics from Moritex.

31 Oct 23
IPG sales hit by China EV slowdown

Fiber laser giant expects further decline in December quarter; timing of any recovery remains uncertain.

26 Oct 23
Trumpf CEO 'cautious' despite record sales and profit

Nicola Leibinger-Kammüller says that demand has declined in recent months.

25 Oct 23
Lumibird on target as sales tick up

French firm expects a strong finish to the year, with production facilities said to be running at full capacity.

18 Oct 23
ASML prepares for 2025 recovery

Lithography giant expects 2024 to be a transitional year as the semiconductor industry gears up for its next boom period.

17 Oct 23
Horiba adds to Raman portfolio with Process Instruments acquisition

Utah firm has more than 100 systems in petrochemical facilities worldwide and developed high-stability lasers for Raman.

17 Oct 23
Mojo Vision doubles VC funding to $44M

Developer of micro-LED technology boosts series A venture round following pivot away from 'smart' contact lenses.

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