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12 Mar 21
Effect Photonics raises $37M to develop single-chip coherent optics

First close of its Series C round, co-led by Smile Invest and existing investor Innovation Industries.

09 Mar 21
Lumentum raises Coherent bid after II-VI offer deemed 'superior'

Lumentum had been given March 11 deadline to revise its proposal as bidding war escalates. * see March 10 update

04 Mar 21
Lumibird to acquire Saab’s €10 million laser rangefinder business...

...while Active Silicon is acquired by fellow UK company Solid State for £6.3 million.

04 Mar 21
Renishaw for sale after founders offer up majority stake

UK-based metrology company provides a variety of optical encoders, spectroscopy tools, and additive manufacturing equipment.

02 Mar 21
Velodyne founder claims ‘boardroom ambush’

David Hall says dismissal of both him and wife Marta from lead roles suggests “internal power grab” at the lidar company.

26 Feb 21
Gooch & Housego announces positive trading update

Virtual AGM reports improved levels of industrial laser demand and further streamlining of manufacturing.

25 Feb 21
€26M round to expand diffractive optics production at NIL Technology

New European Innovation Council Fund takes part in series B effort by Danish maker of optical components.

24 Feb 21
Universal Display powers to record sales on OLED boom

Long-standing developer of organic LED materials reaps financial rewards as the displays technology proliferates.

23 Feb 21
LiDAR developer AEye to go public via merger with CF Finance Acquisition

Active-sensing LiDAR technology delivers partial or full autonomy; boards of both parties have unanimously approved the transaction.

23 Feb 21
Osram backs deep-UV LED disruptor Bolb

Lighting giant’s venture unit leads $16 million investment in California startup developing efficient short-wavelength emitters for germicidal applications.

18 Feb 21
nLight boosted by defense business

Sales rose 26% in 2020, thanks largely to the addition of beam combining and control specialist Nutronics.

16 Feb 21
IPG targets ‘tens of thousands of customers’ with hand-held welders

Sales back on the rise at the fiber laser specialist, with new ultra-compact designs expected to improve profit margins.

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