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27 Aug 19
Tibit completes $25M Series B funding

New investment in optical transceiver developer led by Intel Capital plus new backers Swisscom and AJU IB.

26 Aug 19
Quantel Medical acquires Optotek Medical

Culmination of longstanding collaboration between Lumibird subsidiary and Slovenian firm.

23 Aug 19
Raytheon invests in Texas electro-optics location

New 200,000 square-foot factory at site in McKinney will create 500 jobs.

21 Aug 19
Metamaterial devices market 'to exceed $10BN by 2030'

Antenna applications in 5G networks to dominate nascent market before sensing, including lidar, becomes significant.

21 Aug 19
Fabrinet stock falls on slowdown fears

Huawei-related supply chain disruption and weaker industrial laser sector hit near-term outlook at photonics packager.

20 Aug 19
Stemmer Imaging announces ‘strong’ Q4 and 2019 as expansion continues

Q4 sales up 14.7% thanks to strong project business; annual revenue up by 8.3% to €109 million.

14 Aug 19
II-VI acquisition of Finisar delayed

Reorganized II-VI readies for 'plug and play' merger once Chinese authorities approve re-filed deal.

12 Aug 19
ams presents rival Osram bid

Austrian firm says €4.2 BN proposal, with 'fully committed' funding, would create global leader in sensing and photonics.

08 Aug 19
Lumentum bucks trend with confident outlook

Stock price rises sharply despite swing to net loss in the photonics company's latest fiscal year.

08 Aug 19
Jenoptik business steady in first half of 2019

Six-month update shows revenue of €383 M mirroring prior-year figure; order intake dips but firm still expects growth in 2019.

07 Aug 19
Trumpf orders dip amid 'toxic' uncertainty

Laser giant posts first decline in annual orders since the global financial crisis a decade ago.

06 Aug 19
China tariffs hit nLight margins

But company believes it is gaining traction with 12 kW fiber lasers in ‘challenging’ market.

 
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