Ribbon-cutting ceremony takes place next week; re-fitted Texas facility expected to be up and running by the end of the year.

Deal represents Bystronic's second acquisition of an Italian manufacturer in the past three months, following TTM Laser.

Analyst firm IDTechEx forecasts global fiber laser system sales will reach $8.9 billion in 2028.

New CEO Hurlston unhappy with latest results, but expects revenues and margins to increase in next quarter.

$23M deal to provide SWIR detectors that will make up a 300 million-pixel focal plane for NASA project.

But no job cuts or closures planned for France-based supplier of infrared systems for military, aerospace and commercial markets.

First strategic investment by the auto firm’s new tech fund goes to the California-headquartered developer of high-performance lidar systems.

Indiegogo launch of first day/night action camera, which also converts night vision into full-color daylight.

Photonics companies notable among IHS Markit’s “Top 20”; China’s investment in LED is eclipsing western players.

Clinical Laserthermia Systems and Exact Imaging sign memorandum of understanding to market image-guided laser system said to stimulate immunotherapy response.

UK and US firms partner on development of compact waveguide-based smart glasses for augmented reality (AR) applications.

Diode and fiber laser maker reports strong growth in first quarter as a public company.