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Business News
21 Jan 20
Xanadu wins $4.4M investment for photonic quantum computing

Canadian firm says its "unique approach" will be more energy efficient than traditional electronics-based computing.

21 Jan 20
Quanergy shifts gears as CEO steps down

Former JDSU chief Kevin Kennedy becomes acting chief at the lidar company as co-founder Louay Eldada steps aside.

15 Jan 20
Intevac wins AR goggles order from US Army as night-vision applications grow

Photonics division of the Californian company says latest gear will feature new active-pixel sensor providing digital night vision.

14 Jan 20
Global PV installations tipped to grow 14% in 2020 as market diversifies

IHS Markit says solid growth in the US, Europe, and India will offset uncertainty in the key market of China this year.

10 Jan 20
TRUMPF acquires stake in GLOphotonics

French laser technology startup specializes in hollow-core fibers.

07 Jan 20
CES 2020: Quanergy and Geely establish LiDAR development partnership

Smart city applications and Lotus car equipped with Quanergy’s S3-8 solid-state LiDAR on show in Las Vegas.

07 Jan 20
US officials 'pressed' Dutch government over ASML sales to China - report

Shipment of extreme ultraviolet (EUV) lithography equipment blocked after US government pressure, claims Reuters report.

24 Dec 19
Lumibird to acquire Ellex’s laser and ultrasound business

A$100M (€62M) deal to create global laser and ultrasound provider of systems for diagnosis and treatment of eye diseases.

18 Dec 19
Zeiss completes a decade of record-breaking sales

German optics giant posts tenth successive year of growth as turnover hits €6.4 BN.

17 Dec 19
Mauna Kea secures €7.5M Johnson & Johnson investment

Venture wing of healthcare giant boosts balance sheet and will extend collaboration on lung cancer.

11 Dec 19
ams urges more Osram shareholders to support takeover offer

Deal has passed key 55% acceptance threshold, but crucial vote and regulatory hurdles still to be overcome.

10 Dec 19
Carl Zeiss Meditec bucks the trend with record sales

Revenues jump 14% at the optics giant's medical technology subsidiary.

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