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07 Mar 23
Zeiss becomes sole owner of AR/VR developer 'tooz'

German optics giant had originally formed the subsidiary as a joint venture with Deutsche Telekom in 2018.

01 Mar 23
nLight invests in automation as it cuts workforce

Company headcount down 15% but laser firm expects solid growth in weapons applications following US Congress budget boost.

01 Mar 23
MKS optimistic on $200M ransomware recovery

Key supplier to the semiconductor industry expects to recoup vast majority of impacted sales in the second quarter of 2023.

28 Feb 23
Silex raises $81M to advance laser enrichment of nuclear fuel

Australian company says latest funding boost will enable it to accelerate pilot scheme development and commercialization.

23 Feb 23
Luminar signs 'multi-billion dollar' deal with Mercedes-Benz

Long-wavelength lidar set to feature in a broader range of production vehicles from the German automaking giant.

22 Feb 23
IDloop raises €10M for 'digital fingerprint' capture

Jena firm receives support via European Innovation Council Accelerator funding scheme.

21 Feb 23
Cognex outlook hit as logistics customers rein in spending

Machine vision pioneer's stock price drops 13% following latest financial update.

16 Feb 23
Analytical chemistry giant Waters buys laser firm Wyatt for $1.4 billion…

…and automotive technology developer Indie acquires video processor GEO Semiconductor for $180 million.

16 Feb 23
Jenoptik reports dynamic growth in fiscal year 2022

Diversified photonics firm anticipates further improvements in 2023 – “assuming that geopolitical risks do not worsen.”

15 Feb 23
Ouster completes Velodyne merger as Hesai joins Nasdaq

Hesai becomes first Chinese lidar firm to list on a US exchange, as rivals consolidate.

15 Feb 23
IPG optimistic despite impact of strong dollar and Russia restructuring

Fiber laser firm rides EV battery boom, and says investment in automation and new locations will pay dividends.

14 Feb 23
Alcon pays $199M to settle femtosecond laser cataract surgery claims

Pending legal dispute with Johnson & Johnson division resolved with payment and cross-licensing deal.

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