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Business News
Cell Manipulation Technique Enters into Commercial Market
MUNICH, May 23, 2023 — In cell biology and medical imaging, the targeted manipulation of cells under controlled conditions is a major challenge in understanding processes and causal relationships. Researchers are dependent on tools that enable them to manipulate individual components of a cell in order to explore their effects on intracellular mechanisms and interactions. However, a common problem with conventional methods of cell manipulation is that the sample is disturbed by the manipulation and the results are
QCI Looks to Acquire Emotionally Intelligent AI Platform
LEESBURG, Va., May 23, 2023 — Full-stack photonic-based quantum computing and solutions company Quantum Computing Inc. (QCI) has signed a letter of intent to acquire up to 100% of AI firm millionways. The letter follows the teaming and combining of millionways’ AI sensing...
A3 Makes Automate Show an Annual Showcase
DETROIT, May 22, 2023 — Automate — the largest robotics and automation trade show in North America — will return in 2024 and continue as an annual event. McCormick Place in Chicago will host next year’s event May 6-9, 2024. The show will then return to...
Teledyne’s Thermal by FLIR Program Expands
GOLETA, Calif., May 22, 2023 — Teledyne FLIR’s Thermal by FLIR program for small, unmanned aircraft systems (sUAS) is expanding. The Hadron 640R dual visible-thermal payload has been integrated with the recently announced Teal 2 drone, and FLIR’s Lepton 3.5 thermal...
AIXTRON to Build Innovation Center: Week in Brief: 05/19/23
HERZOGENRATH, Germany, May 19, 2023 — AIXTRON, a manufacturer of deposition equipment for the semiconductor industry, will invest up to €100 million ($107 million) to establish an innovation center. The center, to be located at its Herzogenrath site, will provide the company with...
PhotonDelta and Research Partner Apply Integrated Photonics to Agrifood
WAGENINGEN, Netherlands, May 18, 2023 — During the Post Harvest Unlimited Conference held this week at Wageningen University in the Netherlands, PhotonDelta and OnePlanet Research Center launched the Integrated Photonics for Agrifood roadmap. The roadmap, according to PhotonDelta, lays...
VoxelSensors Raises $5.4M in Seed Funding
BRUSSELS, May 18, 2023 — Perception and sensor technology startup VoxelSensors has raised €5 million ($5.4 million) in a seed funding round. The company plans to use the funding to further develop its company roadmap, hire employees, and strengthen business engagements...
Former Hexagon CEO Added to GelSight Board: People in the News 05/17/23
GHENT, Belgium, May 17, 2023 — Indigo Diabetes NV, a developer of a continuous metabolite monitoring device for people living with chronic diseases, named Arun Venkatasubramanian CTO. Venkatasubramanian has more than 15 years of experience leading the design and development of...
Lumibird to Acquire Convergent Photonics from Prima Industrie
LANNION, France, May 16, 2023 — Laser developer Lumibird has signed an agreement to acquire Convergent Photonics, a subsidiary of Italian company Prima Industrie, as well as the Convergent assets of Prima Industrie North America. Convergent is a designer and manufacturer of...
Liquid Instruments Adds ChatGPT to Moku Devices
SAN DIEGO, May 16, 2023 — Liquid Instruments, a developer of test and measurement solutions including software-reconfigurable hardware platforms, has integrated the ChatGPT language model into its Moku family of products. Moku devices, which are field programmable gate array...
Sparrow Quantum Nets $4M in Seed Round
COPENHAGEN, Denmark, May 16, 2023 — Danish quantum technology company Sparrow Quantum ApS has secured 31 million DKK ($4.5 million) in a seed funding round. The company, which was founded in Copenhagen in 2016 by Niels Bohr Institute professor Peter Lodahl, is focusing on light-matter...
Argonne Quantum Foundry to Support Scalable Tech, Future Workforce
LEMONT, Ill., May 15, 2023 — Argonne National Laboratory has opened its Quantum Foundry, part of the U.S. Department of Energy’s (DOE) drive to accelerate advancements in quantum information science. The Argonne Quantum Foundry is part of Q-NEXT, one of five DOE Office of...
Rubin Observatory Ready for Optics: Week in Brief: 05/12/23
LUXEMBOURG, May 12, 2023 — Space optical communications developer TESAT partnered with EAGLE-1 consortium lead SES, a provider of ground and satellite operations, to develop and integrate the Quantum Key Distribution (QKD) payload for the EAGLE-1 satellite. Supported by the...
AEye Names Conor Tierney CFO: People in the News: 05/10/23
DUBLIN, Calif., May 10, 2023 — Lidar company AEye named Conor Tierney CFO and treasurer. Tierney joined AEye as chief accounting officer in 2022 and most recently served as interim CFO. Prior to joining AEye, Tierney was head of finance and corporate controller at...
GALACTIC Project Develops Alexandrite Laser Crystals for Space
HANOVER, Germany, May 10, 2023 — Under the European Horizon 2020 project GALACTIC, partners Laser Zentrum Hannover (LZH, Germany), Optomaterials (Italy), and Altechna (Lithuania) have established a European supply chain to produce alexandrite laser crystals used in space...
nLIGHT Lands $86M Defense Contract to Develop High-Energy Laser
CAMAS, Wash., May 9, 2023 — nLIGHT, a provider of high-power semiconductor and fiber lasers, has been awarded an $86 million contract to produce a high-energy laser (HEL) prototype for the next phase of development in support of the U.S. Department of Defense’s (DOD)...
NUVIEW Seeks to Map Earth’s Surface with Lidar
ORLANDO, Fla., May 9, 2023 — NUVIEW, an Earth observation and geopspatial technology company, has secured $1.2 billion in early adopter agreements as the company emerges from stealth. The financing supports the company’s quest to build what it says will be the first...
Hamamatsu to Explore Further Action in Planned NKT Photonics Acquisition
HAMAMATSU, Japan, May 8, 2023 — Hamamatsu Photonics said today it is considering further actions pertaining to a May 2 decision handed down by the Danish Business Authority blocking the company’s planned purchase of NKT Photonics through Hamamatsu’s Belgium-based...
Imagia Raises $4.5M, Targets Visible Light Applications
FREMONT, Calif., May 8, 2023 — Metalens technology startup Imagia closed a $4.5 million seed round led by Gates Frontier and joined by MetaVC Partners and other strategic investors. The funding will be used to accelerate development and initial commercial deployment of the...
LASER World of PHOTONICS Turns 50
May 5, 2023 — LASER World of PHOTONICS (LASER Munich), the leading international trade fair for photonics components, systems, and applications, returns to Germany between June 27 and 30 for the industry event’s 50th anniversary. As of press time, over 1200...
PsiQuantum Expands Development Agreement: Week in Brief: 05/05/23
BLOOMINGTON, Minn., May 5, 2023 — Quantum technology company PsiQuantum expanded its development agreement with SkyWater Technology and its plan to produce silicon photonic chips that will become part of future quantum computing systems. The companies have partnered to develop the...
Photonis Will Acquire ProxiVision
MÉRIGNAC, France, May 4, 2023 — Photonis, an electro-optical detection and imaging company, has entered into a definitive agreement to acquire ProxiVision, a developer and manufacturer of ultraviolet detection solutions. Photonis signed an agreement in April to acquire Telops,...
Upgrades Underway to Argonne’s Advanced Photon Source
LEMONT, Ill., May 4, 2023 — Argonne National Laboratories’ Advanced Photon Source (APS) has begun its long-scheduled comprehensive upgrade. The process will see the electron storage ring at the heart of the facility removed and replaced with a state-of-the-art storage...
Jabil Names CEO: People in the News: 05/03/23
ST. PETERSBURG, Fla., May 3, 2023 — Manufacturing technology provider Jabil has named Kenny Wilson as the company’s CEO. Wilson succeeds Mark Mondello, who will remain with the company as executive chairman of the board. Wilson was also appointed to the board of directors....
Danish Government Blocks Sale of NKT Photonics to Hamamatsu
BIRKERØD, Denmark, May 2, 2023 — The sale of NKT Photonics to Hamamatsu Photonics subsidiary Photonics Management Europe srl has been denied under the Danish Investment Screening Act. Required regulatory approvals for the agreement reached between NKT and Hamamatsu have been...
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