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Business News
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.

22 Feb 19
Osram continues with its plan to become 'photonics company'

AGM hears that strategy remains intact, despite uncertainties; Management Board reacts to "weak markets".

21 Feb 19
nLight stays positive despite China challenges

Fiber laser firm and recent Prism Award winner reports first full-year results since listing as a public company.

19 Feb 19
Optoscribe targets data centers with Sumitomo Electric

Strategic cooperation on fiber components signed by Heriot-Watt University spin-out and Japanese optical fiber giant.

18 Feb 19
Cognex impresses with another record year

Sales at machine vision firm up again, but dip in demand from consumer electronics sector and China dampens rate of growth.

14 Feb 19
IPG Photonics Q4, 2018 sales slide

Nine per cent fall to $330m in line with guidance; China sales tank, Europe down, but US demand boosted.

14 Feb 19
Jenoptik growing with ‘record’ 2018 revenue of €834m

Order intake worth €874 m also at record high; firm says outlook is for “further growth in 2019”.

14 Feb 19
EOS grows with acquisition of Vulcan Labs

AM addition to deliver custom solutions, support R&D and help commercialize EOS 3D platforms.

13 Feb 19
Osram sales impacted by market weakness

Sales drop due to market conditions and political uncertainties hitting business development; Board taking measures to secure revenues.

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