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Business News
05 Dec 18
NZ-based photonic sperm selection company acquired by global investor

Engender Tech, founded by SPIE Startup Challenge winner Cather Simpson, acquired by CRV International to develop photonics-based livestock breeding tech.

03 Dec 18
Harris Corp lands $196M space telescope contract

Wide Field Infrared Survey Telescope (WFIRST) mission will search for dark energy and characterize exoplanet atmospheres.

29 Nov 18
WaveOptics and Goertek sign manufacturing agreement

To enable affordable mass-production of optical waveguides for integration into augmented reality wearables.

27 Nov 18
SPI Lasers opens sales, support base in China...

...while Amplitude Systèmes and Beihang University, China, sign agreement on strategic collaboration and a joint ultrafast laser research lab.

21 Nov 18
Flat panel display spending to decline through 2020

Analyst IHS Markit says FPD demand growth, which began in 2016, is slipping due to over-capacity.

20 Nov 18
Lidar startup AEye raises $40M; claims kilometer range breakthrough

Silicon Valley firm says it will use the series B funding to support its global expansion.

19 Nov 18
Effect Photonics completes Series-B funding

Investment intended to accelerate production ramp and fund next wave of technology development.

14 Nov 18
Guardian Optical raises $2.5M in VC round

Israeli startup is working on photonics technology for in-car monitoring and passenger safety.

14 Nov 18
‘On-course’ Jenoptik raises 2018 revenue forecast again

First nine months’ revenue up 12.6% over 2017 equivalent; and pre-tax earnings up by 27.8%; 2018 acquisitions completed.

12 Nov 18
Apple blamed as Lumentum slashes sales forecast

Revenue guidance for current quarter cut by $70M on sudden drop in demand for laser diodes used in 3D sensing applications.

12 Nov 18
II-VI and Finisar agree $3.2BN merger

But II-VI stock falls by one-fifth as market questions price of deal valuing Finisar at substantial premium.

08 Nov 18
Infinera bombs amid customer spending 'pause'

Optical networking equipment and photonic integrated circuit manufacturer sheds one-third of its market valuation as investors take fright.

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