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23 Aug 23
Nuburu appoints John Bolton to its board of directors

Bolton was US National Security Advisor during the Trump regime, and has held several other high-ranking political appointments.

22 Aug 23
Fabrinet bounces back on AI-driven datacoms demand

Stock of optical packaging firm hit new high as it beats expectations on both sales and earnings.

17 Aug 23
Lumentum cuts costs amid 'significant headwinds'

But the photonics company remains confident in long-term trends while its customers work through excess inventories.

17 Aug 23
BAE Systems to acquire Ball Aerospace for $5.6BN

Business known for its space telescope expertise set to become part of the global defense giant.

16 Aug 23
Coherent stock price dives on weak outlook

Photonics giant drops in value by 35% as industrial laser sales decline amid general macroeconomic gloom.

15 Aug 23
Sensing demand boosts Luna sales

Fiber-optic sensing and testing specialist reports 11% jump in quarterly revenues.

15 Aug 23
Innoviz raises $65M in follow-up share offering

Nasdaq-listed firm began shipping production lidar units to key customer BMW last month.

14 Aug 23
Ouster targets automotive with long-range 'digital flash'

Lidar firm also believes latest cost-cuts and strong bookings have put it on a path to profitability.

09 Aug 23
Photonics unit powers continued Jenoptik revenue growth

Divisional sales up 13% as the German optics powerhouse remains optimistic despite the weakening global economy.

08 Aug 23
nLight sales dip in latest quarter as firm battles ‘headwinds’

CEO remains optimistic despite Q2 revenues of $53 million falling 12.4% on prior year's quarter.

08 Aug 23
Industrial slowdown hits Cognex outlook

Machine vision firm says customers in consumer electronics and chip production are being especially cautious.

03 Aug 23
MicroLED maker Kubos awarded £700,000 funding from Innovate UK

Cambridge-based materials technology company also announces first patents, export plans, and customer win.

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