The lidar firm continues to burn through cash but also reported strong bookings; plus updates from AEye and Cepton.

Led by U.S. Innovative Technology Fund, investment to scale commercialization of Photonic Fabric platform.

Jena-headquartered optics and photonics giant says it is on track to hit 2025 sales target of €1.2BN.

Maker of pulse oximetry sensors and smart watches evaluates split of business into healthcare and consumer units.

Scott Graeff leaves company after 21 years; stock price down nearly 50% since news that 2023 sales figures were under review.

Several European startups will share in €285M scheme blending grants and equity investment.

Funding will be used to develop laser-based, needle-free injection technology.

Santa Barbara startup is developing quantum-dot frequency comb lasers for applications in 'accelerated' computing.

EM4 subsidiary specializing in active optoelectronic components and packaging sold to unspecified US buyer.

California firm set up by former NIF director Edward Moses expects power plant to be operational within a decade.

Lidar firm confident of another strong year, despite impact of recent Department of Defense listing as 'Chinese military company'.

CEO says it is now a matter of 'when', and not 'if', the automotive industry adopts the more advanced sensing technology.