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06 Nov 19
Coherent looks to innovate amid 'irrational' competition

Weak materials processing market and aggressive fiber and laser diode pricing hit sales in latest quarter.

05 Nov 19
nLight sales dented by China competition

US firm launches two new 'Corona' products and a fiber laser welding portfolio as trade tariffs bite into profits.

01 Nov 19
Lumentum reports positive Q1 2020 trading, with revenue of $450M

CEO hails "increased scale resulting from organic growth, market share gains and the Oclaro acquisition."

30 Oct 19
Upbeat MKS feels traction with UV picosecond lasers

Stock price approaches record high as the diversified industrial equipment firm prepares for CEO switch.

30 Oct 19
Smart phone slump hits Cognex profits

Sales down 20% year-on-year as machine vision company targets growth areas in logistics and deep learning.

29 Oct 19
IPG cuts 300 jobs as sales slide again

Stock price down sharply as the Nasdaq-listed company reports subdued demand for industrial fiber laser tools.

25 Oct 19
Trumpf reports 6% sales rise in 2019, but orders fall

Sales up by 6% to €3.8B; orders down 3% to €3.7B. Company working towards CO2-neutral production by end of 2020.

23 Oct 19
Hyundai Mobis and Velodyne join forces for autonomous driving

Korean car parts giant also invests $50M in the Silicon Valley lidar firm.

22 Oct 19
Photonics tech dominates UK physics awards night

Spin-outs from Imperial College, London, and the University of Oxford among winners at Institute of Physics event.

22 Oct 19
University of Arizona venture fund backs local laser startups

Investments in three new companies covers the spectrum from deep-UV to far-infrared sources.

16 Oct 19
ASML reports surge in EUV bookings

Record-breaking quarterly orders for lithography giant, as customers book 23 extreme ultraviolet tools.

08 Oct 19
FLIR acquires tethered drone assets from Aria Insights

Deal with UAS pioneer, formerly called CyPhy Works, includes intellectual property, and multiple patents.

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