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03 Sep 24
IPG exits Russia with $51M sale of IRE-Polus subsidiary

Fiber laser giant had been winding down operations near Moscow since shortly after the invasion of Ukraine.

29 Aug 24
Spectricity signs up for 'smart' skincare collaboration

Memorandum of understanding with Samsung affiliate will demonstrate skin analysis with multispectral sensors.

23 Aug 24
Kopin lands first major order for SLM microdisplay in high-end inspection

Optical assembly based around spatial light modulator provides four-fold boost in resolution.

21 Aug 24
LIS Technologies raises $12M for laser uranium enrichment

US startup aiming to advance isotope separation technology at new Oak Ridge facility.

21 Aug 24
Fabrinet hits all-time high after 'remarkable' year

Contract manufacturer of transceivers and other optical assemblies delivers record sales and profits as Nvidia business surges.

20 Aug 24
Hesai margins improve despite production push-outs

Chinese lidar company again lowers full-year sales expectations, but highlights stronger financial resilience.

19 Aug 24
New Coherent CEO seeks tighter focus

Jim Anderson aiming to streamline the sprawling photonics company; says research spending currently 'spread too thin'.

15 Aug 24
Lumentum builds InP laser chip capacity for future growth

Demand for lasers and transceivers driven by cloud services and data center applications expected to boom in coming years.

13 Aug 24
US lidar firms hang on for key orders

Latest results from Cepton, Luminar, AEye, and Aeva indicate that production ramps are still awaited.

09 Aug 24
Jenoptik posts ‘double-digit’ earnings growth in first half of 2024

Substantial increase in H1 revenue to to €540.8 million, but order intake still below prior-year level.

08 Aug 24
byNordic Acquisition to merge with Sivers Semi’s photonics subsidiary

SPAC-led deal expected to release “significant value” for NASDAQ-listed combined laser maker.

06 Aug 24
nLIGHT reports second quarter results and ‘favorable’ business mix

Laser maker’s $50.5M revenues at upper end of guidance, but down on last year’s equivalent.

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