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Business News
Excelitas Acquires Phoseon Technology
WALTHAM, Mass., Feb. 16, 2023 — Excelitas Technologies has acquired Phoseon Technology, a designer and manufacturer of LED-based industrial curing and scientific illumination solutions. Phoseon joins Excelitas’ commercial business unit and will continue to operate from its headquarters in Hillsboro, Ore., extending Excelitas’ footprint into the Pacific Northwest. The acquisition of Phoseon is the fifth acquisition Excelitas has made since Excelitas itself was acquired by AEA Investors in December 2017.
Project to Use Quantum Imaging to Track the Pathology of Tumors
DARMSTADT, Germany, Feb.16, 2023 — A project funded by the German Federal Ministry of Education and Research will investigate the viability of quantum optical imaging for tumor diagnostics. Nine project partners, including TU Darmstadt, will explore the issue in the €6.7 million...
Artec 3D Opens Production Facility in Luxembourg
LUXEMBOURG, Feb. 15, 2023 — Artec 3D, a developer and manufacturer of 3D hardware and software technology including 3D scanning solutions, opened an optoelectronics production facility in Luxembourg. The facility includes a 300-sq-m clean zone with ISO 7 cleanliness...
LAMpAS Project Unveils Laser Designed to Speed Surface Patterning
DRESDEN, Germany, Feb. 14, 2023 — Collaborators on the EU-funded LAMpAS project have developed what they report to be the first laser system based on interference patterning combined with a polygon scanner system for high-throughput, low-cost surface production with controlled...
Ocean Insight Turns Back Clock for Corporate Rebrand
ORLANDO, Fla., Feb. 14, 2023 — Spectral technology company Ocean Insight will relaunch its Ocean Optics brand, which the company used from its founding in 1989 until retiring the brand in 2019. The move comes as part of a company rebranding, whereby the global company, operating...
Dxcover Raises $11.9M to Advance Liquid Biopsy Platform
GLASGOW, Scotland, Feb. 13, 2023 — Glasgow, Scotland-based startup Dxcover has raised $11.9 million in series A and grant financing to support the development of its liquid biopsy technology platform for the detection of early-stage cancers, including brain and colorectal cancers....
Indie to Acquire GEO Semiconductor
ALISO VIEJO, Calif., Feb. 13, 2023 — Automotive technology company indie Semiconductor has entered a definitive agreement to purchase GEO Semiconductor, a provider of video processing technology for automotive cameras. GEO, a private fabless semiconductor supplier, adds scale to...
TKH Vision Group Opens Vision Solution Center
KONSTANZ, Germany, Feb. 13, 2023 — TKH Vision has opened the TKH Vision Solution Center in Konstanz, Germany. The center, located at the Chromasens headquarters, will serve as a demonstration and experience center for TKH Vision’s integrated machine vision solutions. The TKH...
Hesai Group Charges Forward with IPO Pricing: Week in Brief: 02/10/23
SHANGHAI, Feb. 10, 2023 — Lidar technology company Hesai Group announced the pricing of its initial public offering of 10 million American Depositary Shares (ADS), at $19 per ADS, for a total offering size of $190 million. Each ADS represents one class B ordinary share of...
Accenture Invests in 3D Tech for Metaverse
DUBLIN, Feb. 9, 2023 — Accenture has made strategic investments in Forma Vision and Looking Glass Factory, both providers of 3D technology solutions aimed at metaverse applications. Forma Vision is a provider of live-streamed, volumetric video technology that enables 3D...
PhotonDelta Adds Former Volvo Exec to Board: People in the News: 02/08/23
EINDHOVEN, Netherlands, Feb. 8, 2023 — PhotonDelta added Lex Kerssemakers to its board of directors. Kerssemakers is the former chief commercial officer for Volvo, and he has more than 35 years of experience in the automotive industry. He also served as Volvo’s CEO for the...
AEye Names Matt Fisch CEO
DUBLIN, Calif., Feb. 7, 2023 — Lidar technology company AEye has named Matt Fisch as the company’s new CEO and as a member of its board of directors, effective Feb. 13. Fisch previously served as vice president of research and development at HARMAN International Industries...
Isorg Collaborates with Precise Biometrics on Turnkey Fingerprint Sensor
LIMOGES, France, Feb. 6, 2023 — Isorg, a developer of organic photodetectors (OPD) and large-area image sensors, has collaborated with Precise Biometrics, a provider of fingerprint verification software, on a new fingerprint-on-display solution for the mobile phone industry. The...
PsiQuantum Partners with DARPA; FISBA Acquires Gray Optics: Week in Brief: 02/03/23
LOS ANGELES, Feb. 3, 2023 — Tailwind Acquisition Corp. and NUBURU have completed their previously announced business combination, resulting in NUBURU becoming a publicly listed company. The combined company now operates under the name Nuburu Inc. with its common stock now...
SPIE Names Winners of 15th Annual Prism Awards
SAN FRANCISCO, Feb. 2, 2023 — SPIE, the international society for optics and photonics, and media partner Photonics Media recognized the top innovators in optics and photonics products at the 2023 Prism Awards ceremony held at Photonics West on Feb. 1. The event co-sponsors also...
ams OSRAM CEO Position Changes Hands
PREMSTAETTEN, Austria, Feb. 2, 2023 — CEO Alexander Everke of ams OSRAM will step down after seven years at the helm. The company’s supervisory board has appointed Aldo Kamper as CEO and chairman of the management board. Kamper has been CEO of Leoni AG, Nuremberg, an energy and...
Northrop Grumman Names VP: People in the News: 02/01/23
FALLS CHURCH, Va., Feb. 1, 2023 — Northrop Grumman’s board of directors has elected Stephen O’Bryan as corporate vice president and global business development officer, effective Feb. 6. O’Bryan succeeds David Perry, who announced his intent to retire effective...
Swave Photonics Takes Top Prize at 2023 SPIE Startup Challenge
SAN FRANCISCO, Feb. 1, 2023 — Swave Photonics, a Silicon Valley-based developer of holographic extended reality (HXR) technology, earned the $10,000 top prize in the 2023 SPIE Startup Challenge. The annual competition, now in its 13th year, was held yesterday at SPIE Photonics...
TOPTICA Acquires Azurlight Systems
GRAEFELFING, Germany, Jan. 31, 2023 — TOPTICA Photonics AG has entered into a definitive agreement to acquire the majority of shares of French fiber laser technology company Azurlight Systems SAS. Azurlight will continue its fiber laser business under the name TOPTICA Photonics SAS....
Tech Transfer Center to Support Swiss Photonics Industry
VILLIGEN, Switzerland, Jan. 31, 2023 — Set up with financial support from the Federal Department of Economic Affairs, Education, and Research, as well as from the Association of Advanced Manufacturing Technology Transfer Centers, the Swiss PIC technology transfer center has been...
IonQ Opens Manufacturing Facility: Week in Brief: 01/27/23
PARIS, Jan. 27, 2023 — PASQAL, a developer of neutral atom quantum computing, secured a €100 million ($109 million) equity series B round led by new investor Temasek, a global investment company based in Singapore. Other new investors include European Innovation...
Refined Laser Systems Raises $2.9M for Rapid Cancer Diagnostics
MÜNSTER, Germany, Jan. 27, 2023 — Biophotonics technology company and University of Münster spinout Refined Laser Systems has raised €2.7 million ($2.9 million) to develop a prototype intraoperative microscope that the company said identifies tumor margins directly in the...
QuiX Quantum Appoints CTO, Chief Scientist: People in the News: 01/25/23
ENSCHEDE, Netherlands, Jan. 25, 2023 — QuiX Quantum appointed Devin Smith CTO, as co-founder and former CTO Jelmer Renema steps into the role of chief scientist. Smith joined QuiX Quantum in 2021 serving as a senior quantum engineer leading the company’s quantum science team. In...
Rockley Photonics Files for Chapter 11 Bankruptcy Protection
PASADENA, Calif., Jan. 24, 2023 — Silicon photonics company Rockley Photonics has filed a petition for Chapter 11 bankruptcy relief, the company disclosed in a Jan. 23 8-K filing. The move comes after Rockley received notice from the New York Stock Exchange (NYSE) last month that it...
ESA Enlists Thales Alenia Space, Partners for Space-based Quantum Project
CANNES, France, Jan. 24, 2023 — Thales Alenia Space, a joint venture between Thales and Leonardo, has signed a contract with the European Space Agency (ESA) to lead the TeQuantS (technological development for space-based quantum resource distribution) project. TeQuantS is aimed at...
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