Latest update from Strategies Unlimited confirms that the fast-growing LED sector has left the market for lasers trailing in its wake.

The advanced laser diode manufacturer Alfalight has secured an undisclosed investment from In-Q-Tel, the venture wing of the CIA.

The Japanese electronics giant responds to growing demand for image sensors by transferring key production equipment from Toshiba.

The fiber laser company is due back in court soon, but capped a hugely successful year by posting revenue of almost $300 million, up 61% from 2009.

Leading photovoltaic module manufacturer is also making inroads into China and India as it looks to diversify geographically.

The German manufacturer of photovoltaic cells, modules and systems reports an 84% increase in production on strong demand in 2010.

San Jose company had announced plans to retrofit a 400 MW capacity facility in Oregon last month.

The diversifying optics company anticipates a market worth as much as $800 million by 2015 as gesture recognition goes beyond gaming.

Photovoltaics giant SunPower identifies Italy and the US as two of the key markets driving growth in 2011, and rival Yingli agrees.

Sapphire wafer manufacturer witnessed another sharp revenue increase as LED TV and solid-state lighting markets strengthen.

Pico projector developer moves away from expensive frequency-doubled green lasers as part of a plan to nearly halve its cash burn rate.

In all, the defense contractor is eliminating 150 positions, 14% of the workforce, at its Laser Systems facility in Apopka.