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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.

15 Feb 17
IPG confirms billion-dollar year with look to the future

CEO Gapontsev says that market saturation remains ‘far away’ as high-output fiber lasers drive growth.

14 Feb 17
QD Solar wins series A financing to boost PV panel output

Saudi Arabian innovation fund involved in early round completed by Canadian developer of quantum-dot structures to harvest infrared energy.

13 Feb 17
Electro Scientific to close two sites in latest restructure

Laser systems company to relocate more operations to Asia, where it benefits from low-tax status in Singapore.

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