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03 Aug 23
MicroLED maker Kubos awarded £700,000 funding from Innovate UK

Cambridge-based materials technology company also announces first patents, export plans, and customer win.

02 Aug 23
First Solar to build fifth US factory

US module maker to spend $1.1BN on new domestic manufacturing site scheduled to begin production within three years.

02 Aug 23
IPG stock drops on weaker outlook

Fiber laser firm says that many of its customers expect a slowdown in the remainder of 2023.

01 Aug 23
Blue Laser Fusion claims $25M seed round

Silicon Valley startup co-founded by Nobel laureate Shuji Nakamura aims to build a 'commercial-ready' fusion reactor by 2030.

31 Jul 23
ams Osram announces strategic re-alignment of the group

As part of its second quarter financial results – which were in line with company expectations.

27 Jul 23
Corning reports improved second quarter financials

Sales increased sequentially but decreased year on year, in current “weak end-market”.

27 Jul 23
Photonis snaps up Israeli detection firm El-Mul

French imaging firm’s spend continues after recent acquisitions of Xenics, Telops and Proxivision.

26 Jul 23
Hamamatsu re-submits NKT Photonics bid

Major Japanese photonics company wants to consult with Danish authorities that blocked a planned €205M deal.

26 Jul 23
Report: Chinese suppliers take lead in automotive lidar

Yole analysts indicate 'big win' for Hesai and Robosense as market begins to take off in passenger cars.

25 Jul 23
Lumibird half-yearly sales rise to €97M

Solid increase in revenues thanks in part to additional lidar production capacity and strong market demand.

20 Jul 23
Trumpf posts all-time high FY revenue of €5.4 billion

Preliminary figures for “centennial year” 2022-23 are up by 27% – but order intake is down.

20 Jul 23
G&H acquires Artemis Optical for £8.9 million

Deal enhances group’s portfolio and creates new opportunities for vertical integration and cross-selling.

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