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15 Mar 17
Presbia raises $11M to support presbyopia lens implant trial

Ireland-headquartered company completes shareholder rights issue to sure up finances while pivotal US study is completed.

14 Mar 17
Intel gains sensor fusion lead with Mobileye deal

$15BN acquisition sees the chip maker consolidate its move into the nascent market for autonomous vehicles.

13 Mar 17
Finisar slips back as outlook disappoints

Stock plunges 23% after component maker’s latest update but VCSEL bounce for 3D sensing is expected from mid-2017.

09 Mar 17
Defense giant Leonardo buys QC laser specialist Daylight for $150M

San Diego company, whose products are used in advanced countermeasure systems, slots into Leonardo's DRS subsidiary.

08 Mar 17
MicroVision reports 60% sales growth in 2016 to $14.8m

However 2016 business still leaves micro-projector developer with $16.5m loss – $2m worse than in 2015.

07 Mar 17
Novanta claims photonics design wins as sales grow

Strategic plan to double revenues inside five years will be aided by recent addition of UK-based Laser Quantum.

01 Mar 17
US Naval Research Lab buys Concept Laser system

Laboratory's first metal additive manufacturing tool set to print prototype stainless steel components.

22 Feb 17
Gooch & Housego snaps up infrared lens firm StingRay

Cash-and-stock deal worth up to $20M reinforces G&H’s diversification and vertical integration strategy.

22 Feb 17
Rubicon seeking new CEO with M&A experience

Sapphire manufacturer has scaled back operations dramatically in recent months but is now looking to expand with acquisitions.

20 Feb 17
Cognex sales top $500M in record year

Machine vision firm piles up cash during highly profitable period as investment in factory automation grows.

16 Feb 17
IDT to buy GigPeak to better deliver optical comms

$250m deal creates "new franchise" in optical interconnect; extends IDT’s lead in comms and cloud data center markets.

16 Feb 17
TetraVue joins lidar stampede with $10M VC round

Series A funding led by Robert Bosch and Nautilus to bring high-density flash lidar to self-driving cars.

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