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08 May 23
Boost for nLight with big defense order

US laser firm awarded $86M contract under Department of Defense scaling initiative.

04 May 23
MKS Instruments first quarter 2023 results show hints of recovery

Announces that its global operations are “restored” following February, 2023, ransomware attack.

04 May 23
Universal Display acquires Merck’s OLED emitter intellectual property

UDC also announces improved first quarter results – in line with expectations.

03 May 23
Teledyne Technologies reports ‘record’ Q1 2023 results

Diversified tech firm’s Q1 sales reach $1.38bn up 4.7% on Q1 2022; plus new camera launches across divisions.

03 May 23
Danish government blocks Hamamatsu acquisition of NKT Photonics

Deal valuing the company at €205M had been expected to complete in March.

03 May 23
IPG sees impact of US incentives

Fiber laser giant says that customers are shifting investments to take advantage of IRA legislation.

02 May 23
Metalens startup Imagia raises $4.5M

Silicon Valley firm to aim flat, silicon-based optics at augmented reality applications as Gates Frontier provides seed funding.

28 Apr 23
European photonics warns: dependence on overseas markets must be cut

Photonics21 survey responses prompt call for European policy intervention.

27 Apr 23
IDEX grows optics offering with Iridian deal

$110M agreement to buy Canadian manufacturer of spectral filters and other optical components.

26 Apr 23
Amazon-backed Ambient begins mass production of low-light solar cells

Startup has developed dye-sensitized solar cells designed to harvest indoor light for powering small electronic devices.

25 Apr 23
Convergent eyes next stage of growth with $50M capital injection

Dental laser developer hopes new credit facility and equity finance will propel it to profitability.

20 Apr 23
Cambridge spin-off Zomp wins £2M backing from Zeiss Ventures-led group

Investment will help develop 3D imaging flow cytometer for “quantitative imaging of millions of cells”.

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