Fibre laser manufacturer IPG Photonics has generated revenue of $369.4 million in the second quarter of 2017, a significant 46 per cent increase year-over-year. Coherent posted Q3 sales of £464.1 million
Lighting manufacturer Osram has acquired a 25.1 per cent share in LeddarTech, a Canadian company developing lidar for self-driving cars
NKT Photonics has entered into an agreement to acquire Onefive, an ultrafast laser manufacturer headquartered in Zurich, Switzerland
Fibre laser expert IPG Photonics has signed an agreement to acquire laser system manufacturer Innovative Laser Technologies for $40 million
The global 3D bioprinting market is set to reach $1.8 billion by the year 2027, market research firm IDTechEx has reported
LightPath Technologies, a global manufacturer, distributor and integrator of optical and infrared components, has experienced dramatic increases in its revenue over the last quarter
Luxexcel has received equity funding totalling $10 million from financial and strategic investors. The funding will allow the company to scale up its production
IPG Photonics has reported annual sales exceeding $1 billion in 2016, an increase of 12 per cent year-over-year
In the next few years, quantum dot displays are likely to take a significantly larger share of the TV display market than OLEDs, according to recent analysis by market analysis firm Display Supply Chain Consultants (DSCC
The world smart lighting market is set to more than double in value by 2020, according to a new report from financial services company IHS Markit. Valued at $6 billion in 2015, the smart lighting market is currently driven by the internet of things (IoT), particularly for outdoor and commercial lighting in cities