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09 May 24
Lumentum reports its Q3 2024 financial results

Operating loss widens despite strong data center demand; stock rises 9% following announcement.

08 May 24
Denmark authorities clear Hamamatsu acquisition of NKT Photonics

Two years after it was first agreed - and a year since it was initially blocked - the deal is set for completion.

08 May 24
Cognex reports positive Q1 sales results despite customer reluctance

Sales beat guidance in “challenging but stable” environment; firm predicts further growth.

08 May 24
Cautious Coherent sees OLED display traction

Slower-than-expected recovery in telecom and other key markets remains offset by continued strength in AI-driven datacoms.

07 May 24
Defense demand to drive nLight recovery

Additional $1.2BN funding for Israel's laser-based ‘Iron Beam’ system adds to momentum in directed energy weapons.

01 May 24
Loan deferment gives Mauna Kea more breathing space

Developer of 'Cellvizio' endomicroscopy platform restructures repayment terms; opens lung cancer diagnostics center in France.

01 May 24
IPG appoints Mark Gitin as new CEO

Executive brings decades of experience from MKS Instruments and Coherent to the fiber laser company.

30 Apr 24
ams Osram firms up microLED exit plan

Component maker highlights design wins elsewhere as potential buyers signal interest in Kulim facility.

25 Apr 24
Teledyne drops on machine vision slowdown

Stock price down as digital imaging division reports 30% decline in industrial machine vision sales.

24 Apr 24
Luminar moves up a gear with Volvo production start

Lidar firm also reveals details of new ultra-compact 'Halo' platform, and results of safety study by insurance giant Swiss Re.

23 Apr 24
Ultrafast laser specialist Lithium lands €2M

Italian startup says its 'gigahertz-burst' source is also the lightest on the market for industrial micromachining.

17 Apr 24
ASML still confident of industry uptick despite dip in orders

Lithography giant sees its stock price fall from recent record high but remains confident of 2024 recovery and strong 2025.

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