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Business News
Lightsynq Emerges from Stealth with $18M Series A
BOSTON, Nov. 21, 2024 — Lightsynq, a startup developing optical interconnect technology, has raised approximately $18 million in a series A funding round. Founded by former Harvard quantum networking experts and research leads from Amazon Web Services Center for Quantum Networking, LightSynq is developing optical quantum interconnects that enable hardware providers to link quantum processors. Lightsynq plans to use the funds to build prototypes of its quantum interconnects which it plans to use to help leading
REMBRANDT Project Collaborators to Advance Microwave Photonics
ENSCHEDE, Netherlands, Nov. 21, 2024 — LioniX International and the Royal Netherlands Aerospace Centre (NLR) will work with Lockheed Martin to develop a novel microwave photonic solution supporting space and defense missions. The collaboration takes place under the REMBRANDT project...
AeroVironment to Acquire BlueHalo in $4.1B Transaction
ARLINGTON, Va., Nov. 20, 2024 — AeroVironment (AV) is set to acquire fellow defense technology company BlueHalo in an all-stock transaction worth $4.1 billion. The transaction, expected to close in the first half of 2025, brings together complementary capabilities and expands...
Lumicell Adds CEO: People in the News: 11/20/24
GRENOBLE, France, Nov. 20, 2024 — Scintil Photonics, a photonic integrated circuits (PICs) developer, has appointed Matt Crowley as CEO, replacing company founder Sylvie Menezo who has been appointed CTO. Crowley joins Scintil following his recent role as senior director business...
Exosens to Acquire Noxant
MÉRIGNAC, France, Nov. 19. 2024 — Exosens has entered into exclusive negotiations to acquire Noxant, a developer of high-performance cooled infrared cameras. The acquisition would add advanced cooled infrared camera cores for OEM partners, particularly in the mid-wave infrared...
Beam Shaping Method Optimizes 3D Printing Process
AACHEN, Germany, Nov. 15, 2024 — Several studies have demonstrated that beam shaping in laser powder bed fusion (LPBF) can improve the efficiency and productivity of this additive manufacturing process. A collaboration between the Fraunhofer Institute for Laser Technology ILT and...
Lightmatter Follows Up October Funding with Amkor, ASE Collaborations
MOUNTAIN VIEW, Calif., Nov. 15, 2024 — Photonic supercomputing company Lightmatter has established strategic partnerships with semiconductors packaging and testing companies Amkor Technology and Advanced Semiconductor Engineering. The collaborations aim to advance Lightmatter’s Passage...
Teledyne FLIR Defense Awarded $168M IDIQ Contract: Week in Brief: 11/15/24
WASHINGTON, D.C., Nov. 15, 2024 — The U.S. Department of Commerce signed two separate preliminary memoranda of terms under the CHIPS and Science Act to provide Corning, a specialty glass and ceramics manufacturer, up to $32 million in proposed direct funding and Powerex, a designer...
PhotonixFAB Partners X-FAB and Smart Photonics Deepen Collaboration
ERFURT, Germany, Nov. 14, 2024 — X-FAB Silicon Foundries SE, an analog/mixed-signal and specialty foundry, and SMART Photonics, an indium phosphide (InP) integrated photonics foundry, have partnered to integrate X-FAB’s silicon photonics platform with SMART Photonics’...
Planqc to Build 1000-Qubit Quantum Computer
GARCHING, Germany, Nov. 14, 2024 — Quantum computing company planqc has been selected to lead a €20 million ($21 million) project to build and deploy a 1000-qubit quantum computer at the Leibniz Supercomputing Centre (LRZ) in Germany. The neutral atom-based quantum computer will be...
Sondrel Names CEO and CFO: People in the News: 11/13/24
ANDOVER, Mass., Nov. 13, 2024 — MKS Instruments has added Wissam Jabre, executive vice president and CFO of Western Digital Corporation, to its board of directors. Jabre previously served as senior vice president and CFO of Dialog Semiconductor from 2016 until it was acquired by...
SPIE Announces Finalists for 2025 Prism Awards
BELLINGHAM, Wash., Nov. 12, 2024 — SPIE has named finalists for the 2025 Prism Awards. The 24 products — from companies ranging from emerging innovators to industry stalwarts — selected in eight categories, will be honored during a Jan. 29 gala evening at SPIE Photonics...
EU to Establish Pilot Line for Photonic Integrated Circuits
BRUSSELS, Nov. 12, 2024 — Europe’s Chips Joint Undertaking (JU) is beginning negotiations with the PIXEurope consortium to establish the Advanced Photonic Integrated Circuits (PIC) Pilot Line for Europe. The pilot line, expected to be established in the Netherlands,...
Sivers Semiconductors Halts Plans to Spin off Photonics Business
KISTA, Sweden, Nov. 12, 2024 — The board of Sivers Semiconductors has decided to put discussions related to the proposed business combination between subsidiary Sivers Photonics and special purpose acquisition company ByNordic. “While we agree with ByNordic's thesis that...
FormFactor and Advantest Partner on Test and Measurement
LIVERMORE, Calif., Nov. 11, 2024 — Semiconductor test and measurement specialist FormFactor has formed a strategic partnership with semiconductor test equipment supplier Advantest Corporation to develop a test cell and measurement system designed for high-volume production of silicon...
IonQ Acquiring Qubitekk, Partnering with NKT Photonics, Ansys
COLLEGE PARK, Md., Nov. 8, 2024 — In a series of announcements this week, IonQ has stated that it will acquire quantum networking company Qubbitek, and has established partnerships with NKT Photonics and Ansys. The moves serve to strengthen the company’s position within the...
Leibniz-IPHT, SUNY Albany Establish BioPhotonic, AI Tech Center
ALBANY, N.Y., Nov. 8, 2024 — The Leibniz Institute of Photonic Technology (Leibniz-IPHT) and the State University of New York at Albany (SUNY Albany) have established the Center for Biophotonic Technology and Artificial Intelligence (CeBAI) at SUNY Albany’s campus. The...
UCF Opens BioPhotonics Lab: Week in Brief: 11/8/24
CAMBRIDGE, England, Nov. 8, 2024 — AllFocal Optics, a nanophotonic display company, has secured $5.3 million in seed funding. The funding will go towards commercialization of the company’s optics offerings. ORLANDO, Fla. — The University of Central Florida (UCF) has...
Xavveo, 4D-Photonic Radar Developer, Closes $8.6M Seed Round
BERLIN, Nov. 7, 2024 — Xavveo, developer of a 4D photonic radar technology, has raised an $8.6 million seed round to support the commercialization of its distributed photonic radar technology. Xavveo’s technology platform has applications in autonomous vehicles, as well...
Liquid Instruments Integrates AI into Moku Platform
SAN DIEGO, Nov. 6, 2024 — Liquid Instruments has integrated artificial intelligence (AI) into its Moku platform, including a new instrument, the Moku Neural Network. The added capabilities enable the quick deployment of machine learning models to physical systems, for...
Teledyne to Acquire Excelitas' Defense Electronics Businesses
THOUSAND OAKS, Calif., Nov. 6, 2024 — Teledyne Technologies Inc. has entered into an agreement to acquire select aerospace and defense electronics businesses from Excelitas Technologies Corp. for $710 million in cash. The acquisition includes the Optical Systems (OS) business known...
Hamamatsu Acquires BAE Systems Imaging Solutions
BRIDGEWATER, N.J., Nov. 6, 2024 — Through its subsidiary Photonics Management Corp., Hamamatsu Photonics K.K. has acquired BAE Systems Imaging, a San Jose, Calif.-based semiconductor manufacturer specializing in high-performance CMOS image sensors in the visible to near-infrared and...
Norsk Elektro Optikk Establishes HySpex GmbH
BERLIN, Nov. 6, 2024 — Electro optics research company Norsk Elektro Optikk (NEO) has opened a new branch of its hyperspectral imaging-focused subsidiary HySpex in Berlin. HySpex GmbH will serve as a sales and support hub for both new and existing European clients with a...
Teledyne DALSA, Wickon Hightech Collaborate on 3D Scanning Tech
WATERLOO, Ontario, Nov. 6, 2024 — Teledyne DALSA has entered into a collaboration with Wickon Hightech s.r.o, a provider of advanced inspection and measurement systems, to combine its high-resolution imaging sensors and systems with Wickon’s solutions in 3D inspection and...
Teledyne Acquires Micropac for $57M
THOUSAND OAKS, Calif., Nov., 5, 2024 — Teledyne Technologies and Micropac Industries have entered into a definitive merger agreement under which Micropac will be merged with a wholly owned subsidiary of Teledyne. The transaction, expected to close by the end of 2024, values Micropac at...
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November 2024
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