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Business News
21 Jun 19
IQE stock plunges on 'far-reaching' impact of Huawei ban

London-listed epiwafer foundry slumps 40% on what CEO calls 'unprecedented times' for semiconductor industry.

18 Jun 19
Optics to power Corning's new four-year growth plan

Glass giant sees major adoption of fiber for 5G connectivity and hyperscale data centers driving sales and earnings.

17 Jun 19
L3 sees electro-optics business booming

Military contractor’s Wescam subsidiary posts record order levels and double-digit growth fueled partly by drone demand.

17 Jun 19
CILAS to make adaptive optics mirrors for giant Hawaii telescope

Ariane subsidiary signs deal to provide largest piezoelectric deformable mirrors ever fabricated.

12 Jun 19
Sense Photonics lands $26M venture round

Durham, North Carolina, startup joins the stampede chasing emerging market for lidar systems in autonomous vehicles.

06 Jun 19
Velodyne, Quanergy clash over lidar patent ruling

Quanergy to appeal decision by US Patent Trial and Appeals Board supporting Velodyne patent covering autonomous vehicle and machine vision applications.

05 Jun 19
Sofradir and ULIS become Lynred

By streamlining operations, Lynred will accelerate delivery of new detection technologies to market.

05 Jun 19
Tucson pair team up on directed energy

Applied Energetics and Applied Optical Sciences join forces to work on laser-generated 'man-made lightning'.

04 Jun 19
Gooch & Housego stock slips on profit warning

London-listed supplier of acousto-optic modulators hit by weak industrial laser sector amid US-China trade tensions.

29 May 19
Lidar developer Blackmore sold to Amazon-backed startup

Autonomous systems specialist Aurora Innovation agrees acquisition of Bozeman, Montana, firm.

29 May 19
Semiconductor slump 'worst in a decade'

World's ten leading chip makers each report declining sales in key market for lasers and optical systems.

29 May 19
CardioFocus raises $55M following positive trial results

Funding will support global launch of US firm's latest laser system for treating atrial fibrillation.

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