Laser diodes made by Ithaca company much in-demand for data centers and from growing silicon photonics sector.
First production order should see systems delivered next year and enter volume manufacturing in 2016-2017.
Lower operating costs and an SBIR Phase III contract lift prospects at the New Jersey company.
Expansion into North America on the back of growing demand for laser additive manufacturing systems.
Investment should help the Cambridge University spin-out develop its production technology.
Laser microfabrication systems specialist set to buy Wuhan-based Topwin Optoelectronics.
Industrial laser firm says further reduction in the cost of its fiber lasers will see it post much higher profits in 2015.
But the German company's laser and optical systems segment offsets impact of export restrictions on metrology and defense divisions.
But Japanese photonics giant remains cautious about international market stability in 2015.
Imaging unit offers its diversified parent company access to new markets in the life sciences.
Sales of LED lamps and systems up 72% on last year as former Carl Zeiss executive Olaf Berlien takes over from Wolfgang Dehen.
UK-based maker of imaging sensors for the Rosetta comet mission is still benefiting from strong demand for space applications.