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28 Nov 23
SpeQtral extends quantum cryptography deal with Toshiba

Collaboration on quantum key distribution strengthened after SpeQtral's selection for nationwide project in Singapore.

23 Nov 23
RoboSense claims acceleration in automotive lidar sales

Vendor says it sold 60,000 units in the September quarter - more than double the total for the first half of the year.

22 Nov 23
Infinera lands $14M CHIPS Act grant

Manufacturer of photonic integrated circuits gets help expanding its Silicon Valley sites.

21 Nov 23
ams Osram prices €800M rights issue

Capital raise from shareholders is part of wider debt restructuring effort by the maker of LEDs and laser diodes.

16 Nov 23
Basler and MVTec join Siemens to integrate machine vision with factory automation

“Industrial Edge” partnerships aim to enable greater cooperation of machine vision with automation systems.

16 Nov 23
SiLC lands additional $25M to boost FMCW lidar production

Combined Series A and seed funding rises to $56M, with investment from new blue-chip partners.

15 Nov 23
Nuburu hopes for rebound; secures bridge finance

$5.5M interest-free loans provided by investors to ease cash flow as the blue laser pioneer looks to recover.

14 Nov 23
Hesai slams rival Ouster as 'downright un-American'

Chinese lidar firm's American CFO labels recent litigation tactics 'xenophobic' and 'repugnant'.

09 Nov 23
Microsoft backs optical quantum computing developer Photonic

Canadian startup reveals strategic collaboration and $100 M venture funding round.

08 Nov 23
Coherent buoyed by continued AI datacom surge

Demand for faster transceivers helps offset market weakness impacting industrial laser and instrumentation sales.

07 Nov 23
nLight agrees megawatt laser weapon deal

US Department of Defense award doubles value of existing contract to $171 million.

02 Nov 23
Lumentum to acquire Cloud Light in $750 million deal

To accelerate optical data center speed and scalability; union set to deliver five-fold expansion in cloud business.

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