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13 Apr 22
Corning backs DigiLens in latest funding milestone

$50M venture round sees the glassmaking giant invest in Bragg grating technology for ‘extended reality’ devices.

13 Apr 22
Semiconductor equipment market exceeded $100BN in 2021

SEMI industry group reports 44% surge as demand for equipment reaches all-time high.

12 Apr 22
Space tech developer Electro Optic Systems acquires KiwiStar Optics

New Zealand-based KSO produces precision optics including large diameter telescope lenses and spectrographs.

12 Apr 22
ams Osram plans €800 million LED plant development in Malaysia

Company is refocusing on optical technology – and aims to exceed 20% pre-tax margin in 2022.

11 Apr 22
Inrad Optics reports sales of $11.4 million in 2021

Company also announces that new orders totaled $17.9 million in 2021, up 83% on 2020.

04 Apr 22
Quanergy optimistic despite widening losses

Lidar firm reports uptick in yearly sales but net loss nearly doubled to $64M before recent loan repayments.

04 Apr 22
PulseMedica closes $2.6M seed round

Early-stage financing for Canadian startup developing ultrafast laser treatment of several eye diseases.

31 Mar 22
Basler posts record sales and orders

Provider of machine vision components confident of continued growth this year, despite global unrest and a recent cyberattack.

30 Mar 22
Jenoptik restructures again as business booms

German photonics giant predicts 20% sales growth in 2022 after a jump in orders.

29 Mar 22
IQE hopeful of return to growth in 2022

Epiwafer foundry's shift to VCSEL production on larger platform expected to prompt wider adoption of the devices in 3D sensing.

24 Mar 22
OLED driving smart phone display panel market in 2021 – analyst

Top three vendors – Samsung Display, BOE Tech, and LG Display – account for 72% of the market.

23 Mar 22
Photonics-enabled mining startup earns $18M venture backing

Australian company Plotlogic harnesses lidar and hyperspectral imaging to optimize metal ore extraction.

 
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