API Foilmakers, an Aldus Company, has officially announced the launch of a new company—API Transfer Technologies (ATT).

Morphotonics is a leader in large-area nanoimprinting, a technology that allows for the mass production of nano-lenses. The company is experiencing a growth spurt at the moment, and, as this article shows, while the techniques used by Morphotonics will be familiar to developers of optical security devices, the applications may not.

Crane NXT has signed a definitive agreement with De La Rue to acquire its authentication business for £300 million, subject to customary adjustments.

VividQ has recently raised an additional $7.5 million in Series A funding, bringing the company’s total funding to over $30 million. The funding round was led by Foresight Group LLP and included new investors such as GameTech Ventures, NY-based Ruttenberg Gordon Investments (RGI), and existing investors.

De La Rue has announced its full year results for the period ending 30 March 2024, with its Authentication division achieving record sales of £103.2 million. This figure surpasses the division’s £100 million target, and represents a 12.5% increase over 2023. The results are, however, overshadowed by a £235 million loan that becomes payable next July.

In last month’s issue, we reported a few holographic sustainable innovations showcased by industry players at Luxe Pack New York, held in May.

Following the news that Meta Materials had laid off 80% of its workforce and was looking for buyers of the business (see HN June 2024), a filing at the United States Securities and Exchange Commission states that it has agreed to sell most of its authentication business assets (Nanotech Security Corporation, or NCS) to security solutions provider Authentix for $10 million, excluding certain assets such as cash and real estate.

A research team from Japan, including scientists from Hitachi, Kyushu University, RIKEN, and HREM Research, has achieved a significant breakthrough in observing magnetic fields at unimaginably small scales.

Covestro – a leading polymer materials and chemicals producer – has announced that it has entered into formal negotiations with the Abu Dhabi National Oil Company (ADNOC) for a potential transaction value of nearly €14.4 billion. Discussions first began last year, but have now moved to the next stage following an increase in ADNOC’s offer from €60 to €62 per share.

Meta Materials, a materials and nanotechnology specialist that acquired the security features company Nanotech Security Corp in 2021, has announced an 80% workforce reduction, citing challenges with liquidity and securing additional financing. It is understood that most of the workforce of over 100 has already been let go.