SPAC-financed ‘blank-check’ acquisition firm set up by Syntec Optics chairman Al Kapoor has just raised $144 M.

The German company will be even more focused on optics and photonics technology following the sale of its mechatronics unit.

Epiwafer foundry has just appointed GlobalFoundries executive Americo Lemos as its new CEO.

...while I.FAST project successfully develops laser AM-printed copper parts for linear accelerators for the first time.

Acquisitions mark Santec’s expansion into the growing fiber optic cable assembly testing market.

Sales are up 25% year on year; with some of the growth due to acquisition of Trioptics.

Finland-based firm says its tech will enable next-generation lightweight smart glasses and AR displays.

Another quarter of record-breaking revenues, but lower profits as shipments of higher-margin products are delayed.

Fabrinet to manufacture chip-scale lidar modules for Aeva; Luminar selected for Nvidia’s automotive platform.

Quarterly bookings approach the billion-dollar mark, with strong traction in all major markets.

Top-tier vendor also reports jump in sales revenues thanks in part to strong demand for fiber lasers.

However, company warns of demanding supply chain environment and market imbalances.