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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.

09 Feb 23
Commercial laser sales boost Lumentum

US firm’s business remains dominated by communications and sensing, but ultrafast and fiber lasers are in demand.

08 Feb 23
Coherent senses new opportunity in OLED

Giant laser and photonics company launched a raft of new products at Photonics West; stock set for NYSE switch.

07 Feb 23
Spectroscopy firm Dxcover raises £10M in series A and grant funding

'Liquid biopsy' technique aimed at early-stage cancer diagnosis via algorithmic analysis of infrared spectra.

25 Jan 23
Rockley Photonics files for bankruptcy

Developer of optical 'clinic-on-the-wrist' is seeking to release $35M in cash via a restructure.

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