2019-04-30

LiDAR Companies Continue Business Expansion: Lumibird Reports Revenue Growth and Cepton Sets up New UK Office

Fueled by the rising autonomous driving technology applications, LiDAR sensor manufacturers have reported business growth and expansion. The LUMIBIRD Group announced a robust revenue growth for 1Q19 while Cepton opened a new office in the UK to accelerate EMEIA business. Paris-based laser specialist Lumibird posted a revenue of EUR 24.2 million (US$ 27.07 million) for the first quarter of 2019 with an on-year increase of 35.2%. The three strategic business lines of the company, LiDAR, Defense and Medical, are delivering strong growth in value. LiDA...
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE