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03 Jun 20
Gooch & Housego pulls dividend on Covid uncertainty

UK optics firm looks to control cash but says all of its US facilities are now back up and running.

02 Jun 20
Global slowdown prompts 190 job losses at Cognex

Bosses agree to waive salaries as the machine vision firm takes significant steps to reduce costs.

28 May 20
New Coherent CEO looks to simplify company structure

Andy Mattes says laser giant has been able to maintain manufacturing capacity at around 90% amid the Covid-19 pandemic.

27 May 20
SOS Lab aims to commercialize low-cost lidar with latest funding

Korean startup says it has now raised $14M, and is planning to launch a VCSEL-based product for cars next year.

26 May 20
Ra Medical raises $8.7M in stock offering

Californian firm developing excimer laser treatment for vascular disease also agrees $2M loan under coronavirus relief scheme.

20 May 20
Zeiss braces for Covid-19 impact

Optics giant feels initial effects of pandemic, but says semiconductor business remains stable at the moment.

19 May 20
BAE Systems wins $27M deal to fit IR defense kit on US Navy aircraft

Large Aircraft Infrared Countermeasures system designed to protect KC-130J transport and aerial refueling plane.

19 May 20
UniKLasers to expand following latest equity round

UK laser manufacturer has also appointed a new CEO, and says it will increase its workforce ‘significantly’.

14 May 20
Osram’s Q2 revenue dips 8% but pre-tax earnings lift

Firm adjusts to counter Covid-19 impact, making structural changes with short-time working to cost-cuts.

13 May 20
Silicon photonics markets extend beyond datacoms – analyst Yole

Review predicts sustained growth for booming technology with sales expected to hit $3.9B by 2025; Intel leading.

13 May 20
Employees awarded equity as Novanta cuts costs

Travel ban and hiring freeze among the measures as company prepares to weather global economic downturn.

13 May 20
Jenoptik 'encouraged' amid coronavirus and automotive headwinds

Photonics company has reset its ambitions for the year, and is expecting a second-half recovery.

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