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25 May 21
WaveOptics snapped up in $500M deal

UK-based maker of augmented reality waveguides based on diffraction gratings to become part of Snap Inc., the software firm behind popular Snapchat app.

19 May 21
Sales and earnings up strongly as Zeiss navigates pandemic

Continued strength in lithography and a rebound in medical and consumer divisions as Covid effects ‘ebb away’.

19 May 21
Luna confident as applications base grows

Sales up at fiber-optic sensing specialist; OptaSense subsidiary inks deal with fracking firm Liberty.

18 May 21
Spectrometer firm Atonarp raises $50M

Japanese company to expand operations and develop new molecular diagnostics platform with series D cash.

13 May 21
5G deployment delay in China hits Lumentum sales figures

Stock price tumbles after photonics company defers $15M revenues in latest financial update.

12 May 21
Jenoptik reports ‘good start to 2021’

Latest quarter financials reveal significant pick-up in orders with latest full-year targets confirmed.

12 May 21
nLight sees positive signs in directed energy and additive manufacturing sectors

Laser firm reports jump in sales and is expecting further growth in the current quarter.

11 May 21
Velodyne, Ouster post losses as VCs back lidar challenger Innovusion

Crowded market for automotive lidar still awaiting take-off; Innovusion attracts $64M in series B round.

10 May 21
Jenoptik wins $64M of automation and traffic orders in North America

Robotic manufacturing control and road safety system contracts in the US and Canada announced in first quarter of 2021.

06 May 21
II-VI optimistic as Apple backs further VCSEL expansion and development

Up to $410M from iPhone maker’s ‘Advanced Manufacturing Fund’ to boost production capacity and performance.

06 May 21
Eikon Therapeutics closes $148M financing to develop super-resolution microscopy

California-based firm to integrate advanced optics, machine learning with biochemistry; its target application is drug discovery.

05 May 21
Salvo Technologies acquires Kreischer Optics

Acquisition expands company’s offering to customers, adding complementary optical fabrication capabilities.

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