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02 Sep 21
Adtran taking over Adva to create optical networking provider with sales of $1.2B

All-stock deal creating “Adtran Holdings” will see Adtran retain 54%, and Adva 46% ownership of new merged company.

01 Sep 21
Automotive-focused Indie Semiconductor snaps up TeraXion

$160M acquisition made possible by Indie's recent SPAC-assisted Nasdaq listing.

01 Sep 21
Aurora outlines commercial roll-out for silicon photonics lidar

Updated 'Fusion' hardware for autonomous vehicles harnesses Doppler Effect to determine position and velocity of hazards.

31 Aug 21
Ansys adds to optical software portfolio with Zemax deal

Private equity owner to sell well-known name in optical design software and simulation.

25 Aug 21
Accusations fly as Velodyne boardroom clash intensifies

Latest claims by company founder David Hall dismissed as ‘false statements’ to divert attention from ongoing arbitration.

24 Aug 21
Korea’s Speclipse lands $8M for real-time cancer diagnosis with laser

Seoul startup has developed laser-induced plasma spectroscopy scanner for biomedical use.

19 Aug 21
Kairos Aerospace secures $26 million in Series C funding

US-based aerial methane leak detection company invested in by Silicon Valley “deep tech” investor DCVC.

18 Aug 21
Bright Lumentum outlook dimmed by component shortages

Managers trim revenue forecast by more than $30M after posting best-ever financial year results.

18 Aug 21
Lidar company financial results show fluctuating fortunes

Latest updates from newly floated firms reveal rates of cash burn, as relative newcomer Innovusion raises another $66M.

17 Aug 21
Rockley completes SPAC merger; eyes commercial launch in 2022

Silicon photonics company will target the wearables sector with its 'clinic-on-a-wrist' modules.

12 Aug 21
Jenoptik reports ‘record’ second quarter trading figures

Revenue up 29.6% in second quarter of 2021; first half-year revenue up 18.3% to €389 million; full year’s forecast raised.

11 Aug 21
Universal Display announces ‘improved’ Q2 financials

OLED company is “on track for 30% sales growth and record high for annual revenue," states CFO.

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