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08 Nov 22
Lidar firms Ouster and Velodyne reveal merger plan

Deal to combine overlapping efforts, regarded as the first major merger in the lidar sector, should be completed by mid-2023.

03 Nov 22
Luminar lidar makes series production debut

Losses widen as the startup firm works to scale manufacturing at sites in Mexico and Thailand.

01 Nov 22
Ambarella and eInfochips collaborate on edge AI vision designs

Companies’ expertise to drive AI perception-based innovation based on Ambarella’s CVflow edge AI SoC platform.

01 Nov 22
Strong US dollar clips IPG sales

But demand for green lasers used in solar cell manufacturing rebounds, and electric vehicle battery applications accelerate.

01 Nov 22
First Solar to build $270M research and development center

Large new site near existing Ohio manufacturing facility will include pilot line able to produce full-scale prototypes.

27 Oct 22
Corning’s Q3 sales edge up amid market uncertainties

Glassmaker’s display sales fall sharply – but are offset by better optical fiber and solar business.

27 Oct 22
Trumpf senses ‘growing restraint’ after bumper year

Industrial laser giant confirms record-breaking sales and orders, but CEO admits to feeling pensive about geopolitical tensions.

25 Oct 22
Lumibird posts 10% sales increase

French photonics group recently added Bordeaux-based packaging startup Innoptics to its expanding roster.

19 Oct 22
ASML plans contingencies amid continued order boom

Future looks less certain as customers cut spending budgets and lithography tool utilization.

19 Oct 22
'Major' auto OEM buys into Baraja lidar scale-up

Collaboration between Australian lidar startup and key car parts supplier Veoneer paves way for future deployment.

14 Oct 22
Leonardo DRS wins $579M U.S. Army contract for thermal weapon sights...

...as Lockheed Martin and Ayar Labs collaborate to develop sensory platforms for military, based on optical I/O chips.

13 Oct 22
Viavi acquires Jackson Labs for position, navigation and timing solutions…

…and Lumentum expands its manufacturing operations and R&D in Slovenia.

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