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(11,563 items)
Business News
Endress+Hauser Shuffles Executive Leadership: People in the News: 1/10/24
TEL AVIV, Israel, Jan. 10, 2024 — Innoviz Technologies Ltd. hadded Stefan Jacoby and Alexander von Witzleben to its board of directors. Jacoby is the former executive vice president and head of international operations at General Motors and served as CEO and vice president of other automotive companies, including Mitsubishi, Volkswagen Group, and Volvo. Witzleben most recently served as CEO of Arbonia AG and has CEO-level experience at Feintool International and Jenoptik.
Excelitas to Relocate Headquarters to Pennsylvania
HARRISBURG, Pa., Jan. 9, 2024 — Excelitas Technologies will relocate its operations to Pittsburgh, moving from its current headquarters in Waltham, Mass., outside of Boston. According to a release issued by Pennsylvania. Gov. Josh Shapiro's press office, the company has committed...
LongPath Technologies' Methane Monitoring Tech to See Deployment in American Mid-, Southwest
DENVER, Jan. 8, 2024 — Colorado-based emissions monitoring technology provider LongPath Technologies has received a conditional commitment for an up to $189 million loan guarantee from the U.S. Department of Energy. The loan will support the scaling of LongPath methane...
Bruker Makes Acquisitions; LeddarTech Added to Nasdaq: Week in Brief: 1/5/24
MISSISSAUGA, Ontario, Jan. 5, 2024 — Bruker has acquired Canadian Raman instruments specialist Tornado Spectral Systems for an undisclosed sum. Tornado primarily makes technology for use in pharma and biotech quality control applications, and Bruker plans to add these solutions to its...
Cognex CFO Resigns
NATICK, Mass., Jan. 5, 2023 — Cognex CFO Paul Todgham has resigned from his position as senior vice president of finance and CFO, effective March 15. Todgham, who joiuned the company in 2020, will continue to serve in the role of CFO until the effective date and remain available...
Teledyne FLIR Partners with Valeo on Auto Safety Tech
PARIS, Jan. 5, 2023 — Teledyne FLIR and global automotive supplier Valeo have entered into a collaboration that will use thermal imaging technology to enhance road user safety. The companies said this week that the partnership follows a previously secured contract from a...
SPIE Names 2024 Fellows Class
BELLINGHAM, Wash., Jan. 4, 2024 — SPIE, the international society for optics and photonics, has named 47 fellows of the society, comprising the organization’s class of 2024. Fellows are members of SPIE who have made significant scientific and technical contributions in the...
PI Transitions Sales Head; TOPTICA Adds Sales Director for France: People in the News: 1/3/2024
KARLSRUHE, Germany, Jan. 3, 2024 — Physik Instrumente (PI Group) appointed Laurent Melin senior vice president of global sales. Melin, who previously served as director of sales EMEA for the company, succeeds chief sales officer Stephane Bussa. Erik Reichardt, who will retain his...
Salvo Technologies Rebrands as Torrent Photonics
LARGO, Fla., Jan. 3, 2024 — With the integration of its photonics entities, technology-based holding company Salvo Technologies has rebranded as Torrent Photonics. The rebranding comes after the completion of numerous acquisitions of optics and photonics companies between 2020...
TOPTICA Subsidiary Tapped to Serve French Market
GRÄFELFING, Germany, Jan. 3, 2024 — TOPTICA’s French subsidiary, TOPTICA Photonics SAS, has taken over the sales of TOPTICA products in France. Opton Laser International previously handled sales and service for TOPTICA’s customers in the region. TOPTICA SAS, formerly...
PhotonDelta Names Eelko Brinkhoff CEO
EINDHOVEN, Netherlands, Dec. 29, 2023 — Dutch photonics consortium PhotonDelta has named Eelko Brinkhoff CEO in a move that will take effect Feb. 19. Brinkhoff currently serves as managing director of foreign investments and international trade at Brabant Development Agency, a public...
UNM Uses $3M Grant to Launch Graduate Program; IKZ, Oxide Corp. Sign R&D Contract: Week in Brief: 12/29/23
ALBUQUERQUE, N.M., Dec. 29, 2023 — The University of New Mexico has launched its new Quantum Photonics and Quantum Technology (QPAQT) graduate program, made possible by a $3 million grant from the National Science Foundation. All students admitted to QPAQT will receive training perks...
Bruker Continues Expansion, Acquiring Seven Companies
BILLERICA, Mass., Dec. 27, 2023 — In separate transactions, Bruker Corporation has entered into agreements to acquire in vitro diagnostics manufacturer ELITechGroup (ELITech), as well as cell imaging company Phasefocus. The acquisitions strengthen Bruker’s position in molecular...
Hamilton Thorne Appoints CEO; David Richardson Awarded: People in the News: 12/27/23
BEVERLY, Mass., Dec. 27, 2023 — Biotechnology company Hamilton Thorne appointed Ekaterina Torchilin as its new president and CEO, effective Jan. 15. Torchilin succeeds David Wolf, who is retiring as president and CEO. Wolf will continue to serve in his executive chairman role....
Lidar Startup Blickfeld Raises $8.2M in Financing
MUNICH, Dec. 22, 2023 — Lidar technology company Blickfeld has secured €7.5 million ($8.2 million) in initial growth financing. The company intends to use the funds to fuel sales dynamics and enhance the company’s market position in Europe, North America, and...
Montana State Awarded $26.7M for Quantum Tech; Midel Photonics Secures €1M in Funding: Week in Brief: 12/22/23
BOZEMAN, Mont., Dec. 22, 2023 — Montana State University has received a $26.7 million grant from the U.S. Air Force to establish a facility with the mission of moving advanced quantum technology applications in cybersecurity, communications technology, and national defense from...
Luna Innovations Acquires Fiber Optic Sensing Specialist Silixa
ROANOKE, Va., Dec. 21, 2023 — Luna Innovations Inc has acquired fellow fiber optics technology company Silixa for $21.5 million. The strategic acquisition, partially funded with a simultaneously announced $50 million investment from White Hat Capital Partners, strengthens...
Foxconn Synchs with Porotech for Micro-LED Commercialization
TAIPEI, Taiwan, Dec. 21, 2023 — Foxconn has established a strategic partnership with Poro Technologies (Porotech) in micro-LED microdisplays for augmented reality applications. The partnership seeks to accelerate research and productization of micro-LED technology by leveraging...
Eichenholz Inducted to NAI; Q-CTRL Adds Engineering Head: People in the News: 12/20/23
ORLANDO, Fla., Dec. 20, 2023 — Luminar Technologies co-founder and CTO Jason Eichenholz has been selected to be inducted into the National Academy of Inventors (NAI) for his work with lidar. Eichenholz has 83 U.S. patents on types of lidar, solid-state lasers, displays, and...
Hexagon Sells Precision Measurement Instruments Business
STOCKHOLM, Dec. 20, 2023 — Digital reality solutions company Hexagon has entered into an agreement to sell its Tesa PMI (Precision Measurement Instruments) business to Hangzhou Great Star Industrial Company Ltd. The divestment is in line with Hexagon’s strategy to focus...
Optical Computing Leader Lightmatter Adds $155M in Funding
BOSTON, Dec. 20, 2023 — Photonic chip developer Lightmatter raised $155 million in a series C-2 funding round led by Google Ventures and Viking Global Investors. The company intends to use the financing to expand its workforce and office footprint, as well as to increase...
Imec, Mitsui Chemicals to Partner; Raytheon Receives $10M DARPA Award: Week in Brief: 12/15/23
LEUVEN, Belgium, Dec. 15, 2023 — Imec and Mitsui Chemicals, a Japanese chemical company and EUV pellicle supplier, have entered into a strategic partnership on the commercialization of carbon-nanotube (CNT)-based pellicles for extreme-ultraviolet (EUV) lithography. Under this...
Neurophos Raises $7.2M in Seed Round
AUSTIN, Texas, Dec. 15, 2023 — Neurophos, a spinout of Duke University and Metacept Inc. and incubator focused on creating metamaterials-based companies, raised $7.2 million in seed round funding to commercialize metamaterial and optical AI inference chips targeting data center...
Headwall Appoints CEO
BOLTON, Mass., Dec. 14, 2023 — Headwall Photonics, a manufacturer of hyperspectral imaging systems and OEM optical spectroscopy devices for applications in remote sensing and industrial machine vision, has appointed Mark Willingham as CEO. Mark Willingham. Courtesy of Headwall...
Myrias Optics Secures $3M to Support Optics Offerings
AMHERST, Mass., Dec. 14, 2023 — University of Massachusetts (UMass) Amherst spinout company Myrias Optics has secured a $3 million seed investment. Myrias, a developer of all-inorganic printed meta-optics, said that it will use the funding to meet growing customer demand and...
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June 2024
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