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Recently, nLIGHT, a manufacturer of high-power semiconductors and fiber lasers, announced its financial performance for the second quarter of 2024.According to the financial report, nLIGHT achieved a revenue of $50.5 million in the second quarter of 2024, a year-on-year decrease of 5.2% and an increase of 13% compared to the first quarter; The GAAP net loss for the second quarter was $11.7 million...
Novanta Corporation ("Novanta") announced the launch of the new generation of multi axis scanning head, the Precession Elephant III.This next-generation multi axis scanning head for microfabrication provides a simple upgrade path for existing and new customers to meet the growing market demand with faster and more accurate performance.The Precision Elephant III (PE III) utilizes proprietary optica...
Sivers Optics, a subsidiary of Sivers Semiconductors, has signed a product development agreement with an undisclosed company.Starting from the initial contract worth $1.3 million, the prototype will be delivered in 2024, and it is expected that the agreement will grow rapidly in 2025 before transitioning to mass production. After entering full production, customers expect the annual chip productio...
Panacol will showcase new optical grade resins and adhesives for embossing and optical bonding applications at the SPIE Photonics West exhibition held in San Francisco, California, USA from January 30 to February 1, 2024.These new adhesives can be used for sensors in lightweight carpets, smart devices, and wearable devices in the automotive industry, or for generating structured light in projector...
Recently, DustPhotonics released a single chip 800G-DR8 silicon photonic chip for data center applications, which is an important milestone in practical photonics in data centers. The company claims that its single-chip solution provides high-performance and easy to implement solutions for system architects.DustPhotonics' 800G-DR8 photonic integrated circuit provides a single chip solution for fib...