Optics.org
daily coverage of the optics & photonics industry and the markets that it serves
Featured Showcases
Photonics West Showcase
Optics+Photonics Showcase
News
Menu
Business News
01 Aug 24
Novanta moves into new $12M facility in Stockport, UK

Firm that started locally as Laser Quantum manufactures lasers and sub-systems for medical and industrial applications.

01 Aug 24
Optimax launches space optics spin-off with Teledyne collaboration

Starris to offer rapid deployment of space-qualified optical payloads for applications including Earth observation.

31 Jul 24
Investor Koito takes control of Cepton

Japanese provider of automotive lighting had emerged as the US lidar company's primary supporter.

30 Jul 24
IPG drops on weak industrial demand

Fiber laser pioneer’s stock price takes a knock after it reports a 24% decline in quarterly sales.

24 Jul 24
Stemmer Imaging agrees private equity buyout

Machine vision firm signs takeover deal with US-based MiddleGround Capital.

23 Jul 24
Hesai boosted by Baidu robotaxi deal

Chinese firm set to provide thousands of its lidar sensors, in an exclusive deal said to be worth as much as $300M.

23 Jul 24
Eyewear giant to buy majority stake in OCT diagnostics pioneer Heidelberg

EssilorLuxottica set to acquire an 80% shareholding in Heidelberg Engineering.

17 Jul 24
Sales and orders down at Trumpf

Preliminary figures indicate near-10% fall in order intake for second year in succession.

17 Jul 24
Geopolitical fears weigh on ASML

Stock price drops from all-time high on speculation of new restrictions to activity in China.

16 Jul 24
Halo wins $80M to scale laser process for silicon carbide substrates

Stanford spin-out says it can halve the cost of semiconductor wafers on which high-efficiency power electronics are made.

11 Jul 24
Teledyne FLIR wins $15M weapon optics contract

Deal with NATO partner country to provide long-range thermal sights used by snipers.

10 Jul 24
Corning revenues boosted by generative AI's optical requirements

Glass and optical fiber giant says second-quarter sales will be around $200 million higher than previously expected.

 
© 2024 SPIE Europe
Top of Page