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08 Nov 24
Lumentum reports positive first quarter results and outlook

CEO Alan Lowe explained firm’s “three-pronged strategy” to grow cloud data center business.

07 Nov 24
Hamamatsu announces acquisition of BAE Systems’ Imaging Solutions

Rebranded as Fairchild Imaging, purchase is intended to strengthen opto-semiconductor segment, and boost growth.

07 Nov 24
AI momentum boosts Coherent as CEO looks to raise margins

Photonics giant posts higher sales revenues amid continued strong demand for high-speed data center transceivers.

06 Nov 24
Teledyne agrees to buy Excelitas aerospace and defense divisions for $710 million…

…and acquires optoelectronics systems developer Micropac for $57.3 million.

05 Nov 24
AI data center build-out continues to drive record sales at Fabrinet

Photonics contract manufacturer smashes prior guidance as quarterly revenues top $800M for the first time.

31 Oct 24
G&H announces acquisition of Phoenix Optical Technologies for £6.8 million

Objective of cash purchase is to strengthen G&H’s aerospace and defense capabilities.

30 Oct 24
Elbit and Rafael agree $500M contract for Israel's 'Iron Beam' laser

Elbit Systems awarded $200M share to supply lasers for air defense system now expected to be operational from 2025.

30 Oct 24
LongPath's methane monitors set for US-wide deployment

$162M loan from US Department of Energy to speed roll-out of network based around optical frequency combs.

29 Oct 24
IPG acquires laser cleaning systems customer in $75M deal

Fiber laser firm makes a move up the value chain as latest results show cost of Russia exit.

23 Oct 24
Coherent revamps fiber laser offering

'Radical' EDGE FL platform offers output powers up to 20 kW, plus new cutting heads with adjustable focal plane.

23 Oct 24
Continuum scientific laser brand set for Lumibird switch

Agreement to acquire historic name in nanosecond lasers should boost Lumibird's annual sales by around €7M.

22 Oct 24
Google backs Lightmatter again in $400M fundraising

Series D venture round intended to support mass deployment of 'world’s fastest photonic engine'.

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