Site will produce devices for use in semiconductor lithography, with operations expected to start in 2025.

Montana-based startup set to deploy its airborne sensors for shale gas extraction.

US lidar firm looks to scale production, while analyst Yole says Chinese companies now lead the automotive lidar market.

Maker of CdTe modules plans $1.2BN investment, with new domestic site expected to be operational in 2025.

Glass and fiber-optics giant expects to create 250 jobs at site in Phoenix area.

Photonics and materials giant to re-brand under the ‘Coherent’ name in early September.

Photonics giant to accelerate R&D spending, but expects major loss of market share in 3D sensing for smart phones.

Photonics packaging service provider sees stock rise in value after posting 20% jump in annual sales.

Consultancy firm Strategy Analytics suggests that a major supply deal with Volkswagen affiliate CARIAD will see Innoviz become market leader.

Health monitoring tech firm also announces first purchase order for its Bioptx Baseline Band; forms scientific advisory board.

Photonics firm reports fast-rising demand fueled largely by sustained semiconductor equipment boom and recent acquisitions.

Slowdown in China offset by growing traction in additive manufacturing and directed energy weapons.