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15 Aug 24
Lumentum builds InP laser chip capacity for future growth

Demand for lasers and transceivers driven by cloud services and data center applications expected to boom in coming years.

13 Aug 24
US lidar firms hang on for key orders

Latest results from Cepton, Luminar, AEye, and Aeva indicate that production ramps are still awaited.

09 Aug 24
Jenoptik posts ‘double-digit’ earnings growth in first half of 2024

Substantial increase in H1 revenue to to €540.8 million, but order intake still below prior-year level.

08 Aug 24
byNordic Acquisition to merge with Sivers Semi’s photonics subsidiary

SPAC-led deal expected to release “significant value” for NASDAQ-listed combined laser maker.

06 Aug 24
nLIGHT reports second quarter results and ‘favorable’ business mix

Laser maker’s $50.5M revenues at upper end of guidance, but down on last year’s equivalent.

01 Aug 24
Novanta moves into new $12M facility in Stockport, UK

Firm that started locally as Laser Quantum manufactures lasers and sub-systems for medical and industrial applications.

01 Aug 24
Optimax launches space optics spin-off with Teledyne collaboration

Starris to offer rapid deployment of space-qualified optical payloads for applications including Earth observation.

31 Jul 24
Investor Koito takes control of Cepton

Japanese provider of automotive lighting had emerged as the US lidar company's primary supporter.

30 Jul 24
IPG drops on weak industrial demand

Fiber laser pioneer’s stock price takes a knock after it reports a 24% decline in quarterly sales.

24 Jul 24
Stemmer Imaging agrees private equity buyout

Machine vision firm signs takeover deal with US-based MiddleGround Capital.

23 Jul 24
Hesai boosted by Baidu robotaxi deal

Chinese firm set to provide thousands of its lidar sensors, in an exclusive deal said to be worth as much as $300M.

23 Jul 24
Eyewear giant to buy majority stake in OCT diagnostics pioneer Heidelberg

EssilorLuxottica set to acquire an 80% shareholding in Heidelberg Engineering.

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