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Business News
12 Apr 22
ams Osram plans €800 million LED plant development in Malaysia

Company is refocusing on optical technology – and aims to exceed 20% pre-tax margin in 2022.

11 Apr 22
Inrad Optics reports sales of $11.4 million in 2021

Company also announces that new orders totaled $17.9 million in 2021, up 83% on 2020.

04 Apr 22
Quanergy optimistic despite widening losses

Lidar firm reports uptick in yearly sales but net loss nearly doubled to $64M before recent loan repayments.

04 Apr 22
PulseMedica closes $2.6M seed round

Early-stage financing for Canadian startup developing ultrafast laser treatment of several eye diseases.

31 Mar 22
Basler posts record sales and orders

Provider of machine vision components confident of continued growth this year, despite global unrest and a recent cyberattack.

30 Mar 22
Jenoptik restructures again as business booms

German photonics giant predicts 20% sales growth in 2022 after a jump in orders.

29 Mar 22
IQE hopeful of return to growth in 2022

Epiwafer foundry's shift to VCSEL production on larger platform expected to prompt wider adoption of the devices in 3D sensing.

24 Mar 22
OLED driving smart phone display panel market in 2021 – analyst

Top three vendors – Samsung Display, BOE Tech, and LG Display – account for 72% of the market.

23 Mar 22
Photonics-enabled mining startup earns $18M venture backing

Australian company Plotlogic harnesses lidar and hyperspectral imaging to optimize metal ore extraction.

22 Mar 22
Silicon photonics pioneer Hochberg joins Luminous Computing

Luxtera founder to run engineering effort at company working on an optics-based supercomputer.

22 Mar 22
Luminar integrates further with Freedom Photonics acquisition

Planned all-stock deal brings laser supplier in-house as the automotive lidar firm extends vertical integration.

17 Mar 22
Laser developer LASEA awarded €10 million in new investment

Belgium-based developer of precision lasers for industry gains development funds from M80, Noshaq, SRIW, and Épimède.

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