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28 Oct 20
Continental buys into AEye lidar

Plan to industrialize long-range 1550 nm sensor technology for automotive use, with series production slated for 2024.

20 Oct 20
Jenoptik drops outlook as Covid situation deteriorates

German photonics giant reduces annual sales expectations down by a further €40M.

20 Oct 20
Lights out as Cree exits LED business with $300M sale

One of the pioneers of the solid-state lighting revolution focuses elsewhere as sales and margins shrink.

14 Oct 20
Trumpf expecting further sales decline next year

Industrial laser and machine tool firm boosted by strong demand in EUV tools as business drops sharply elsewhere.

14 Oct 20
ASML on course for record year despite Intel drag

Lithography leader set to sell slightly fewer EUV tools than expected this year, but sees more growth in 2021.

13 Oct 20
Investor Baidu agrees lidar purchases with Velodyne

Three-year sales agreement for the Chinese tech giant’s ‘Apollo’ development program in autonomous vehicles.

09 Oct 20
MicroLED display developer Aledia gains €80M of scheduled €120M funding

French firm closes first of 3 tranches in Series D investment for product and facility development near Grenoble.

06 Oct 20
Excelitas acquires Silicon Power's SolidTRON range

To expand defense and aerospace offering with solid-state discrete firing switches.

05 Oct 20
Sintavia acquires two further M400-4 Printers from EOS

Acquisition brings company’s total number of industrial metal printers to twenty-one; more planned for next two years.

30 Sep 20
Cognoptix looks forward with new advisory board and $2.6M angel funding

Developer of laser fluorescence technique for early Alzheimer’s diagnosis eyes pivotal trial in 2021.

29 Sep 20
EnPro snaps up coatings specialist Alluxa

$255 million deal sees Santa Rosa maker of optical filters become part of the much larger materials group.

17 Sep 20
Omega Optical acquired by Artemis Capital Partners

Vermont-based manufacturer of optical filters and coatings for spectroscopy is going for growth.

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