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Business News
25 Sep 14
EU announces 155 winners of business development funding

Photonics-related projects account for 10% of firms benefiting from €3bn investment project.

25 Sep 14
Philips to hive off lighting unit

Decision to split company follows widespread cost-cutting and planned sell-off of combined LED/automotive lighting business.

24 Sep 14
Alfalight bags $3.7M missile laser contract

Novel ordnance system uses high-power diode source to initiate explosions.

23 Sep 14
Sensors Unlimited opens SWIR development facility

90,000 square foot site to produce components and products for infrared imaging.

22 Sep 14
Leica, Panasonic extend camera optics deal

New five-year agreement builds on long-standing collaboration between the two global brands.

18 Sep 14
Luceda Photonics wins €340,000 growth finance

Investment will drive development of its advanced software for photonic IC design.

18 Sep 14
Private equity group buys Emcore PV unit

Emcore CEO Hong Hou to step down as company is left with loss-making fiber-optics division.

17 Sep 14
Advanced Photonix lands Navy contract

$1.6M deal to develop custom photodiode for US Navy’s guided missile system.

15 Sep 14
poLight eyes public listing under new CEO

Norwegian developer of tunable optical lenses for camera phones is also establishing manufacturing capability.

11 Sep 14
JDSU to be split into two public companies

Stand-alone companies to focus on optical components and next-gen networks, respectively.

10 Sep 14
Global photonics market valued at more than $150bn

SPIE's analysis of sales and businesses is “a valuable resource for investors, policy makers”.

09 Sep 14
OCT systems sales ‘to double’ to €1bn by 2019

Ophthalmology market saturated, but OCT system demand growing from healthcare, life science markets, says analyst Tematys.

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