You've got the Laser + and Laser - next to each other, I too noticed it was shorted, I took it your list of components was a series list, starting at top to bottom.
Assuming you have correct polarity, the resistor needs to be in series with laser which needs to be in series with the FET... as long as the FET's source is grounded.
Thank you for your help thus far, I appreciate your continuous help.
Short removed, limited success, I had a very dull beam, wasn't bright enough to get the receiver up and going.
I've sat down tonight and come up with an alternative circuit, does it look viable?
My diodes requirements are:
Input Voltage: 2.4V
Input Current: 40mA
By incorporating a LM317, I can provide the fixed voltage input to the LASER diode of 2.4V, I would then have a MOSFET open and close the earth connection in sync with the PWM voltage applied to the gate. The current limiting resistor would be in series with the MOSFET. Would this actually work?
In that case, just power it from 12V and use a 240 ohm (or slightly over) for the current limit. That should put you at just under 40mA. It is also a good idea to have a small value ceramic cap permanently across the diode. 0.01µF or something like that. If that is still too slow, add a ~330 ohm across the FET. This will put a bias current through the diode, allowing it to turn on faster.
Thank you to all those that helped contribute to the development of my circuit (particularly Cyparagon). The project is now fully functional and I've made a video as part of my presentation to a class, the video shows the system in operation with a full description of signal flow etc.