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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24
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Honeywell to Acquire Optical Gyro Specialist Civitanavi Systems
CHARLOTTE, N.C., April 4, 2024 — Honeywell intends to acquire Civitanavi Systems and will initiate a voluntary tender offer to acquire all outstanding shares, a transaction worth approximately €200 million at closing. The acquisition will strengthen Honeywell's capabilities in autonomous operations in aircraft and other vehicles. According to Jim Currier, president and CEO of Honeywell Aerospace Technologies, integrating Civitanavi's inertial technologies and sensors across Honeywell's existing commercial, military,
TiniFiber Adds Vice President: People in the News: 4/3/24
SARATOGA, Calif., April 3, 2024 — Micro-LED developer Mojo Vision appointed Achin Bhowmik to its board of directors. Bhowmik is a former executive at Intel and current CTO of Starkey and president of the Society for Information Display. He has 23 years of experience in perceptual...
ViaLase Closes $40M Series Funding Round
ALISA VIEJO, Calif., April 2, 2024 — ViaLase, a clinical-stage medical technology company developing lasers for the treatment of glaucoma, has closed a $40 million series C funding round. Proceeds from the round will be used to continue commercialization of the ViaLase Laser technology...
Oriole Networks Raises $13M Seed Round
LONDON, April 1, 2024 — Oriole Networks, a startup focused on light-based technology for AI systems and data centers, has raised £10 million ($13 million) in seed funding. The 2023 spinout of University College London (UCL) founded by George Zervas, James Regan, Alessandro...
Keysight Outbids VIAVI with $1.5B Late-Stage Offer for Spirent
SANTA CLARA, Calif., March 29, 2024 — Keysight Technologies has made an offer to acquire Spirent Communications for a cash consideration valuing the company at approximately £1,158 million ($1.5 million). The offer represents an increase over VIAVI Solutions’ offer earlier...
AFL Invests in U.S. Fiber Optics Manufacturing; LPO Specifications Defined by Industry Veterans: Week in Brief: 3/29/24
SAN DIEGO, March 29, 2024 — A group of networking, semiconductor, and optics companies have formed the Linear Pluggable Optics Multi-Source Agreement (LPO MSA) to develop the specifications for networking equipment and optical modules required to enable a broad ecosystem of...
Celestial AI Raises $175M to Commercialize Photonic Fabric
SANTA CLARA, Calif., March 29, 2024 — Celestial AI, creator of the Photonic Fabric optical interconnect technology platform, has raised $175 million in a series C funding round. The funding round will enable Celestial AI to execute multiple large-scale customer collaborations focused on...
Luminate NY Names Companies in Seventh Cohort
ROCHESTER, N.Y., March 29, 2024 — Empire State Development has named the ten companies selected to participate in roun seven of the Luminate NY accelerator program, investment fund, and competition. Each finalist will receive an initial investment of $100,000 and will have the...
Cisco Adds Executive Vice President: People in the News: 3/27/24
ROANOKE, Va., March 27, 2024 — Luna Innovations has appointed Richard Roedel as interim executive chairman and interim president. The appointment follows the announcement that current president and CEO Scott Graeff is retiring. Roedel has served as chairman of Luna’s board since...
Coherent Establishes InP Fabs; OpenLight Formalizes VLC Partnership: OFC News Roundup
SAN DIEGO, March 27, 2024 — Coherent has established capability for 6-inch indium phosphide (InP) wafer fabrication in the company’s Sherman, Texas, and Järfälla, Sweden, wafer fabs. Coherent is in the process of qualifying several existing products on its...
PhotonDelta and MIT Update Roadmap for Integrated Photonics Progress
EINDHOVEN, Netherlands, March 26, 2024 — An updated roadmap developed by PhotonDelta and MIT’s Microphotonics Center envelopes insights from more than 400 organizations to provide a clear path forward for the global integrated photonics industry. The roadmap was launched today during the...
Fermilab Details Photon Detection, 3D Integrated Sensing Efforts
BATAVIA, Ill., March 26, 2024 — Fermi National Accelerator Laboratory (Fermilab) scientists are leading a pair of photonics-related projects under the umbrella of the U.S. Department of Energy’s (DoE) Accelerate Innovations program. The initiatives aim to develop and extend the...
Research Project Will Revamp Fusion Analysis Method
DRESDEN, Germany, March 25, 2024 — A research project undertaken by the Center for Advanced Systems Understanding (CASUS) at Helmholtz-Zentrum Dresden Rossendorf (HZDR) aims to overhaul an analytical tool used to evaluate laser fusion. The work is being funded by the European Union...
Exail Signs NASA JPL Contract; Semilux Launches Collaboration Program: Week in Brief: 3/22/24
TAIPEI, Taiwan, March 22, 2024 — Semilux International Ltd., a provider of lidar and ADB components, has started a research and development program for the development of domestic solid-state lidar module for automotive applications. The program is sponsored by the National Science...
OpenLight Partners with Jabil on AI, ML Datacenter Optics
SANTA CLARA, Calif., March 22, 2024 — OpenLight, a developer and manufacturer of silicon photonic technology, has entered into a strategic partnership with Jabil to expedite manufacturing. The partnership is expected to allow OpenLight customers to fast-track the manufacturing and...
Stellantis Strengthens ADAS Commitment with Steerlight Investment
AMSTERDAM, March 21, 2024 — Stellantis Ventures, the corporate venture fund of Stellantis N.V., has made an investment in SteerLight for the development of lidar sensing technology for advanced driver assistance systems (ADAS). The company states that the technology has the...
EFFECT Photonics Boosted by $38M Series D
EINDHOVEN, Netherlands, March 20, 2024 — EFFECT Photonics, a developer of integrated optical technologies, has secured $38 million in series D funding. The funding will be used to further accelerate the development and commercialization of EFFECT Photonics solutions and support ramping...
G&H Sells Boston Optoelectronics Operation
ILMINSTER, England, March 20, 2024 — Precision optical technology manufacturer G&H has sold its Boston-based EM4 optoelectronics subsidiary to EMFOUR Acquisition Co. LLC, a subsidiary of an unnamed U.S.-based global technology company, in a deal worth up to $12 million. EM4, which...
Polar Light Appoints CEO; LightPath Adds Vice President of Sales: People in the News: 3/20/24
LINKÖPING, Sweden, March 20, 2024 — Polar Light Technologies, a microLED developer, has appointed Oskar Fajerson as its CEO. Fajerson has a background in product management, sales, and marketing with previous experience including senior positions at a wide range of technology...
European Industry Leaders Unite to Accelerate Quantum Computing
COPENHAGEN, Denmark, March 19, 2024 — Recognizable industry leaders from across various locations in Europe's quantum photonics ecosystem are uniting in a quest to achieve a demonstrable quantum advantage. Under the umbrella of the Eurostars project "SupremeQ," ORCA Computing, Pixel...
Metalens Coalition Details Manufacturing Benefits
PITTSFIELD, Mass. March 19, 2024 — Representatives from the Massachusetts Technology Collaborative (MassTech), the University of Massachusetts Amherst (UMass Amherst), and Electro Magnetic Applications (EMA) gathered at the Berkshire Innovation Center to discuss the metalens...
Quintessent Closes $11.5M Seed Round
SANTA BARBARA, Calif., March. 18, 2024 — Quintessent, a heterogeneous silicon photonics and quantum dot laser technology company, has closed on just over $11.5 million in an oversubscribed seed funding round led by Osage University Partners along with M Ventures, Sierra Ventures, Foothill...
DOE Unveils Quantum Lab; MICLEDI Completes Series A: Week in Brief: 3/15/24
PRINCETON, N.J., March 15, 2024 — The U.S. Department of Energy (DOE) has opened the Quantum Diamond Lab at its Princeton Plasma Physics Laboratory (PPPL). The lab will be devoted to studying and refining the processes involved in using plasma, the electrically charged fourth state...
Tokamak Energy Commits to Testing Laser Technology for Fusion Power Plants
OXFORD, England, March 14, 2024 — Fusion energy technology developer Tokamak Energy is working on laser measurement technology crucial to controlling the extreme conditions inside future fusion power plants. The company is testing a laser-based dispersion interferometer system is at...
Japan's Institute for Molecular Science Accelerates Quantum Computing Efforts
OKAZAKI, Japan, March 13, 2024 — The Institute for Molecular Science (IMS), a Japanese inter-university research institute, is working with industrial partners to accelerate the development of neutral atom quantum computing based on research work led by Kenji Ohmori. IMS plans to...

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