Optics.org
daily coverage of the optics & photonics industry and the markets that it serves
Featured Showcases
Photonics West Showcase
News
Menu
Business News
02 Aug 23
IPG stock drops on weaker outlook

Fiber laser firm says that many of its customers expect a slowdown in the remainder of 2023.

01 Aug 23
Blue Laser Fusion claims $25M seed round

Silicon Valley startup co-founded by Nobel laureate Shuji Nakamura aims to build a 'commercial-ready' fusion reactor by 2030.

31 Jul 23
ams Osram announces strategic re-alignment of the group

As part of its second quarter financial results – which were in line with company expectations.

27 Jul 23
Corning reports improved second quarter financials

Sales increased sequentially but decreased year on year, in current “weak end-market”.

27 Jul 23
Photonis snaps up Israeli detection firm El-Mul

French imaging firm’s spend continues after recent acquisitions of Xenics, Telops and Proxivision.

26 Jul 23
Hamamatsu re-submits NKT Photonics bid

Major Japanese photonics company wants to consult with Danish authorities that blocked a planned €205M deal.

26 Jul 23
Report: Chinese suppliers take lead in automotive lidar

Yole analysts indicate 'big win' for Hesai and Robosense as market begins to take off in passenger cars.

25 Jul 23
Lumibird half-yearly sales rise to €97M

Solid increase in revenues thanks in part to additional lidar production capacity and strong market demand.

20 Jul 23
Trumpf posts all-time high FY revenue of €5.4 billion

Preliminary figures for “centennial year” 2022-23 are up by 27% – but order intake is down.

20 Jul 23
G&H acquires Artemis Optical for £8.9 million

Deal enhances group’s portfolio and creates new opportunities for vertical integration and cross-selling.

19 Jul 23
SiPhox Health lands $27M for silicon photonics test kits

MIT spin-out wins backing from Intel Capital and Khosla Ventures as it seeks FDA clearance for biomarker test platform.

19 Jul 23
ASML raises 2023 forecast despite market caution

Lithography giant now expects to post 30% sales growth this year, thanks to sales of DUV immersion tools.

© 2024 SPIE Europe
Top of Page