Laser giant reports revenue rise but profit drop due to higher costs; outlines consolidation and cost-cutting plan.

Large buyers of machine vision equipment delay purchases as they absorb excess capacity.

Stock drops in value as buyers work through excess inventories, but long-term outlook remains bright.

US laser firm awarded $86M contract under Department of Defense scaling initiative.

Announces that its global operations are “restored” following February, 2023, ransomware attack.

UDC also announces improved first quarter results – in line with expectations.

Diversified tech firm’s Q1 sales reach $1.38bn up 4.7% on Q1 2022; plus new camera launches across divisions.

Deal valuing the company at €205M had been expected to complete in March.

Fiber laser giant says that customers are shifting investments to take advantage of IRA legislation.

Silicon Valley firm to aim flat, silicon-based optics at augmented reality applications as Gates Frontier provides seed funding.

Photonics21 survey responses prompt call for European policy intervention.

$110M agreement to buy Canadian manufacturer of spectral filters and other optical components.