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21 Nov 23
ams Osram prices €800M rights issue

Capital raise from shareholders is part of wider debt restructuring effort by the maker of LEDs and laser diodes.

16 Nov 23
Basler and MVTec join Siemens to integrate machine vision with factory automation

“Industrial Edge” partnerships aim to enable greater cooperation of machine vision with automation systems.

16 Nov 23
SiLC lands additional $25M to boost FMCW lidar production

Combined Series A and seed funding rises to $56M, with investment from new blue-chip partners.

15 Nov 23
Nuburu hopes for rebound; secures bridge finance

$5.5M interest-free loans provided by investors to ease cash flow as the blue laser pioneer looks to recover.

14 Nov 23
Hesai slams rival Ouster as 'downright un-American'

Chinese lidar firm's American CFO labels recent litigation tactics 'xenophobic' and 'repugnant'.

09 Nov 23
Microsoft backs optical quantum computing developer Photonic

Canadian startup reveals strategic collaboration and $100 M venture funding round.

08 Nov 23
Coherent buoyed by continued AI datacom surge

Demand for faster transceivers helps offset market weakness impacting industrial laser and instrumentation sales.

07 Nov 23
nLight agrees megawatt laser weapon deal

US Department of Defense award doubles value of existing contract to $171 million.

02 Nov 23
Lumentum to acquire Cloud Light in $750 million deal

To accelerate optical data center speed and scalability; union set to deliver five-fold expansion in cloud business.

02 Nov 23
Jabil takes on Intel's silicon photonics transceiver module business

Chip giant will instead focus its efforts on components needed to scale artificial intelligence applications.

01 Nov 23
Customer caution drags on Cognex sales

Machine vision firm's 2023 revenues will be well below recent years, despite the addition of high-spec optics from Moritex.

31 Oct 23
IPG sales hit by China EV slowdown

Fiber laser giant expects further decline in December quarter; timing of any recovery remains uncertain.

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