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27 May 21
Xanadu closes $100M funding to develop ‘fault-tolerant’ photonic quantum computer

Investment to drive Canadian startup’s progress toward a quantum computing module to reach one million physical qubits.

27 May 21
SiLC eyes lidar sensor ramp following $17M funding round

US startup says its FMCW imaging chip will enable machines, robots, and cars to see ‘like humans’.

26 May 21
iXblue expands into optical components and quantum sensing

French high-tech firm acquires compatriots Kylia and Muquans as it looks to build its profile in the photonics sector.

25 May 21
Cellink targets lab-on-a-chip applications with Nanoscribe acquisition

Swedish bio-printing pioneer says it will gain a ‘leg up’ on competition with cash-plus-stock deal worth up to €50M.

25 May 21
WaveOptics snapped up in $500M deal

UK-based maker of augmented reality waveguides based on diffraction gratings to become part of Snap Inc., the software firm behind popular Snapchat app.

19 May 21
Sales and earnings up strongly as Zeiss navigates pandemic

Continued strength in lithography and a rebound in medical and consumer divisions as Covid effects ‘ebb away’.

19 May 21
Luna confident as applications base grows

Sales up at fiber-optic sensing specialist; OptaSense subsidiary inks deal with fracking firm Liberty.

18 May 21
Spectrometer firm Atonarp raises $50M

Japanese company to expand operations and develop new molecular diagnostics platform with series D cash.

13 May 21
5G deployment delay in China hits Lumentum sales figures

Stock price tumbles after photonics company defers $15M revenues in latest financial update.

12 May 21
Jenoptik reports ‘good start to 2021’

Latest quarter financials reveal significant pick-up in orders with latest full-year targets confirmed.

12 May 21
nLight sees positive signs in directed energy and additive manufacturing sectors

Laser firm reports jump in sales and is expecting further growth in the current quarter.

11 May 21
Velodyne, Ouster post losses as VCs back lidar challenger Innovusion

Crowded market for automotive lidar still awaiting take-off; Innovusion attracts $64M in series B round.

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