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Business News
17 Jan 19
L3 division wins $26M contract to deliver weapon sights

US Special Operations Command to receive updated version of holographic sights.

09 Jan 19
WaveOptics signs augmented reality deals with Taipei manufacturers

Oxford, UK, maker of diffractive waveguides agrees development partnerships with Compal and Wistron.

04 Jan 19
Lidar developer Baraja confirms $32M venture round ahead of CES debut

Sydney, Australia, startup says tunable wavelength-shifting approach has advantages for autonomous vehicles.

03 Jan 19
VCSEL suppliers hit by Apple profit warning

II-VI, Lumentum and IQE see valuations slide as the iPhone maker scales back sales expectations.

28 Dec 18
Nikon allies with Velodyne Lidar

$25M investment will see Japanese camera giant collaborate to combine precision optics technology with Velodyne sensors.

20 Dec 18
Roper sells scientific imaging brands to Teledyne

$225M deal sees Princeton Instruments, Lumenera, and Photometrics transfer to owner of sensor firm e2v.

20 Dec 18
Cisco backs silicon photonics with $660M Luxtera move

Venture-backed Carlsbad firm is acknowledged leader in technology wanted to alleviate data center traffic bottlenecks.

19 Dec 18
Trumpf targets VCSELs in deal to buy Philips Photonics

Acquisition of major supplier of components used in smart phone 3D sensor units expected to complete in spring 2019.

18 Dec 18
Excelitas gets into OCT with Axsun Technologies acquisition

Optical coherence tomography (OCT) subsystem developer sold to Excelitas by private equity group Anzu Partners.

18 Dec 18
Expanding Zeiss posts another record year

Optics giant benefits from continued semiconductor equipment boom; set to expand with new metrology facility in Detroit.

14 Dec 18
Lumibird raises €7.8M; eyes new laser technology

French photonics company says new share issue was five-times oversubscribed.

13 Dec 18
WaveOptics and Corning sign long-term supply deal for AR optics

UK startup WaveOptics has also closed a $26M round of venture funding to support expansion into burgeoning market for augmented reality hardware.

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