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NEWSROOM


Seagate's Derry plant set to become the world's largest laser manufacturer by 2028
A hard drive maker's nanophotonics push is on track to outscale East Asian laser producers within 18 months. Seagate's Springtown facility in Derry/Londonderry, Northern Ireland, is on course to become the world's largest producer of semiconductor lasers by volume within roughly 18 months, according to evidence given to the UK's Northern Ireland Affairs Committee. The plant already leads laser production in Europe and currently manufactures between one-fifth and one-quarter o
Jun 302 min read


Korean startup Quad raises $1.5M to scale single-photon detectors for quantum sensing
Quad, a company specializing in superconducting nanowire monophoton detectors (SNSPDs), announced on the 22nd that it has completed attracting 2.1 billion won worth of pre-A round investment. @BluePoint Quad becomes Korea's first dedicated SNSPD company, betting on a sensor technology that's becoming foundational to quantum computing, LiDAR, and defense applications. Quad, a South Korean startup building superconducting nanowire single-photon detectors (SNSPDs), has closed a
Jun 302 min read


DESY Spin-off Class 5 Photonics Acquired by Light Conversion
Light Conversion, a laser company based in Vilnius, Lithuania, has acquired Class 5 Photonics GmbH, a spin-off from DESY and GSI. Both companies are ultrafast laser system manufacturers, bringing together decades of expertise in femtosecond lasers, optical parametric chirped-pulse amplification (OPCPA), and advanced nonlinear technologies for the scientific as well as the R&D market.
May 292 min read


O’Melveny Advises on First IPO of an AI Nano-Delivery Company in US$270 Million Hong Kong Chapter 18C Listing of Metis TechBio
HONG KONG—May 13, 2026—O’Melveny represented joint sponsors and other underwriters in the initial public offering and listing of Metis TechBio Co., Ltd. (“Metis TechBio”, 7666.HK) on the Main Board of The Stock Exchange of Hong Kong. Listed under Chapter 18C (Specialist Technology Companies) of the Hong Kong Listing Rules, Metis TechBio raised approximately HK$2.1 billion (approximately US$270 million), assuming the over-allotment option is not exercised. O’Melveny acted as H
May 132 min read


Nano Dimension Sells AME and Fabrica Product Lines
Nano Dimension Ltd. (Nasdaq: NNDM) today announced the sale of its additively manufactured electronics (AME) product line and its previously discontinued Fabrica product line to Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN). The total consideration payable to the Company in connection with the transaction is up to $12.5 million, consisting of a $2.0 million upfront cash payment, and up to $10.5 million of deferred payments tied to the future performance of the product l
Apr 62 min read


Nano One Secures $3 Million from Natural Resources Canada to Scale LFP Cathode Production
Vancouver, March 2026 — Nano One Materials Corp. has received $3 million in funding from Natural Resources Canada (NRCan) to accelerate the development and commercial scale-up of its lithium iron phosphate (LFP) cathode materials. The funding, which runs through March 2028, will support optimization of the company’s patented One-Pot™ process. This innovative technology aims to produce LFP more efficiently, at lower cost, and with greater regional supply chain flexibility comp
Mar 42 min read
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