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Business News
Scallop Imaging Continues Rapid Growth
BOSTON, Sept. 25, 2014 — Scallop Imaging is continuing its growth with the expansion of its product distribution, partnerships and the addition of new personnel.
Dow to Begin Large-Scale Manufacturing of Cadmium-Free QDs
PHILADELPHIA, Sept. 24, 2014 — Dow Chemical Co. plans to begin construction of the world’s first large-scale, cadmium-free quantum dot manufacturing operation at its facility in Cheonan, South Korea. With production expected to begin in the first half of next year, the...
National Energetics to Build 10 PW Research Laser
AUSTIN, Texas, Sept. 24, 2014 — A Consortium led by National Energetics Inc. has been awarded a more than $40 million contract to develop and install a petawatt laser system at a research facility being built outside Prague.
Sydor Instruments President Recognized for Leadership
ROCHESTER, N.Y., Sept. 24, 2014 — Michael Pavia, president of Sydor Instruments, has been recognized for business leadership by three industry groups. The Rochester Regional Photonics Cluster and New York Photonics named Pavia its 2014 entrepreneur of the year. This award...
Omicron Expands Laser Distribution Network
RODGAU, Germany, Sept. 23, 2014 — German laser specialist Omicron Corp. has expanded its sales presence in Asia. Dynotech Instruments, a distribution company working with Omnicron, is now its representative in India. Specifically, Dynotech — based in New Delhi and specializing...
Emcore to Sell Space PV Business for $150M
ALBUQUERQUE, N.M., Sept. 19, 2014 — Emcore Corp. plans to sell its space photovoltaics business for $150 million in cash.
Element Six Joins EU Disk-Laser Development Project
SANTA CLARA, Calif., Sept. 17, 2014 — Element Six has been chosen to help develop a new ultrafast-pulse disk laser for the European Commission’s Seventh Framework Program for Research and Technological Development. The supermaterials company will be part of a multinational team...
Advanced Photonix Awarded $1.6M Navy Contract
ANN ARBOR, Mich., Sept. 16, 2014 — Advanced Photonix Inc. has been awarded a $1.6 million contract to develop custom photodiodes for the U.S. Navy.
Video: 3-D Sensing Technology Wins OSA Contest
WASHINGTON, Sept. 16, 2014 — JDSU's 3-D sensing contributions to video gaming have won the company top honors in the second annual Enabled by Optics contest.
Nutfield Names Longmuir New COO
HUDSON, N.H., Sept. 12, 2014 — Mark Longmuir has joined laser scanning firm Nutfield Technology as chief operations officer. Longmuir brings over 27 years of operations experience with companies such as Danaher, Lydall and Ametek. Nutfield Technology designs and manufactures...
JDSU to Split in Two
MILPITAS, Calif., Sept. 11, 2014 — JDSU plans to separate into two publicly traded companies, a move it says will help it keep pace with the changing telecommunications and cloud network markets.
Video: University, Spinoff Develop Flexible Graphene Display
CAMBRIDGE, England, Sept. 11, 2014 — A prototype flexible display that uses graphene could lead to wider implementation of the material in flexible electronics.
Oderkerk and Uusimaa Join EPIC Board of Directors
BRUSSELS, Sept. 10, 2014 — Two company executives have joined the board of directors of the European Photonics Industry Consortium (EPIC). Dr. Petteri Uusimaa is CEO of laser maker Modulight in Tampere, Finland, and vice chairman of the Photonics Finland association. He has a...
Zeiss, Janelia to Commercialize Fluorescence Technique
ASHBURN, Va., Sept. 10, 2104 — The Howard Hughes Medical Institute’s Janelia Research Campus has teamed up with Carl Zeiss Microscopy GmbH to commercialize Bessel beam plane illumination microscopy, also called lattice light sheet microscopy.
Laser Quantum Expands Pulsed Products with Venteon Acquisition
Sep 8, 2014 — STOCKPORT, Greater Manchester, England, Sept. 8, 2014 — Laser Quantum has acquired Venteon Laser Technologies GmbH of Hannover, Germany, a manufacturer of few-cycle, ultrashort-pulse lasers.
OCT Poised to Expand Beyond Eye Care, Report Says
PARIS, Sept. 5, 2014 — Optical coherence tomography (OCT) will grow beyond ophthalmology applications into a €1 billion global market by 2019, the research group Tematys predicts.
Transceivers Drive Finisar Revenue
SUNNYVALE, Calif., Sept. 5, 2014 — Fiber optics firm Finisar Corp. reported its eighth consecutive quarter of revenue growth, but said clients' ordering practices could bring the streak to an end.
Intel Silicon Photonics Group Wins OSA Award
SANTA CLARA, Calif., Sept. 4, 2014 — OSA has recognized Intel Corp.’s Silicon Photonics Solutions Group with the 2014 Paul F. Forman Team Engineering Excellence Award. The team received the award for its more than 12 years of “innovation in the research and development of a...
LightPath Caps ‘Year of Investment’
ORLANDO, Fla., Sept. 3, 2014 — LightPath Technologies Inc. closed the books on fiscal 2014 June 30 with a net loss of $313,000 following what it called “a year of investment in our future.” The loss compared with net income of $215,000 in fiscal 2013. Fourth-quarter...
Rockley Photonics Grows with New Hires
PASADENA, Calif., Sept. 4, 2014 — Rockley Photonics, a startup focused on silicon photonic systems for data communications, has expanded its management team. Dr. Thomas Schrans will join the company as director of product development, Dr. Nathan Farrington will serve as director of...
Zeiss Reports Revenue Growth Despite Currency Effects
JENA, Germany, Sept. 4, 2014 — Carl Zeiss Meditec AG recently reported revenue of €673.7 million (about $878.8 million) in the first nine months of its fiscal year, an increase of 3.8 percent from the same period in the previous year when adjusted for exchange rates. The...
Biolase Names New CEO, Directors of Marketing, Sales
IRVINE, Calif., Sept. 3, 2014 — Dental-laser maker Biolase Inc. has hired two new marketing executives and created a global commercialization team.
Fibercore Acquires Fibertronix
SOUTHAMPTON, Hampshire, England, Sept. 1, 2014 — Fibercore has acquired Fibertronix of Hudiksvall, Sweden, for an undisclosed sum. Fibertronix produces specialty fiber and hermetic carbon and high-temperature polyimide coatings for harsh environments, targeting the oil and gas and medical markets....
North American Machine Vision Sales Grow
ANN ARBOR, Mich., Sept. 2, 2014 — Machine vision sales in North America increased 11 percent to $1.04 billion in the first half of 2014, according to the trade group AIA. Component sales grew 28 percent to $155 million, and systems sales grew 9 percent to $886 million. While sales...
New Chief of Operations Joins Gooch & Housego
Dowlish Ford, Ilminster, England, Aug. 27, 2104 — Alex Warnock has been named chief operating officer at optical components firm Gooch & Housego plc.
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