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

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

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

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

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

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

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

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

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

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

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

Boom in online traffic during lockdown prompts rush of demand for key photonic components needed in networks and data centers.