Optics.org
daily coverage of the optics & photonics industry and the markets that it serves
Featured Showcases
Photonics West Showcase
News
Menu
Business News
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.

09 Feb 22
II-VI merger with Coherent delayed by Chinese regulators

Deal now expected to close by mid-May, amid 'constructive' talks with China's antitrust authority.

03 Feb 22
Supply chain constraints blunt Lumentum's growth outlook

Photonics giant to miss out on $65M in the March quarter, but demand remains strong across all parts of the business.

02 Feb 22
Fabrinet sales up again despite supply chain headwinds

Contract manufacturer posts a solid increase in revenues, with the contribution from silicon photonics reaching record levels.

© 2024 SPIE Europe
Top of Page