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Business News
26 Mar 19
Jenoptik hails 2018 as ‘new record year’

Revenue rose by 11.6% to €834.6 million; firm expecting further growth in 2019.

26 Mar 19
Ouster raises $60M; opens final assembly site in San Francisco

Lidar firm says it is now engaged with more than 400 customers, on applications ranging from aerial land surveying to robotics.

20 Mar 19
Ra Medical’s losses mount as sales costs soar

Excimer laser maker hampered by product issues around scale-up and hiring challenges, but CEO hails “exciting opportunity”.

15 Mar 19
Oxford PV raises further £31m in funding

Series D funding round will enable perovskite solar tech developer to move into "commercialization phase".

13 Mar 19
NVIDIA to acquire Mellanox for $6.9 billion

Unites leading players in processing and interconnect for the high performance computing, data center markets.

12 Mar 19
Quanergy and Athena offer LiDAR tech to the Indian market

LiDAR manufacturer expands availability to cater for innovative smart sensing solutions.

08 Mar 19
Luna reports ‘strong’ 2018 results, buys General Photonics for $20m

Company announces growth, positive outlook, and acquisition of 'complementary' General Photonics.

06 Mar 19
MACOM, GlobalFoundries ramp silicon photonics for data centers

Combination of photonic integrated circuit (PIC) and etched facet technology (EFT) said to solve key challenge of laser alignment.

04 Mar 19
Hengtong extends Rockley partnership with $30M investment

UK-based silicon photonics firm extends existing relationship with Chinese backer.

28 Feb 19
Optimistic Novanta unfazed by China slowdown

Diversified approach and momentum in medical side of business gives confidence for revenue growth in 2019.

27 Feb 19
Lightmatter lands $33M to marry photonics with AI

Boston startup developing programmable Mach-Zehnder interferometers attracts financial support from GV, formerly Google Ventures.

26 Feb 19
Source Photonics opens new InP laser fab

Facility in China will double production capacity of lasers and other photonic components.

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