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On August 6th local time, Luminar, a leading publicly traded company in the field of LiDAR, announced a $422 million debt restructuring and raised $100 million in new capital. This measure marks Luminar taking solid steps in optimizing its capital structure and enhancing its financial stability.In early May this year, this laser radar manufacturer released an open letter disclosing a major strateg...
On July 29, 2024, Cepton, a provider of high-performance LiDAR solutions, announced the signing of the final agreement for its acquisition, making it the acquiring company's subsidiary in the United States.Image source: CeptonAccording to the agreement, the acquirer is the internationally renowned automotive lighting giant KOITO, which was established in 1915 and has a history of over a hundred ye...
The University of Wolverhampton (UK), along with global 3D printing leaders EOS and AMCM, will collaborate to establish a new Centre of Excellence (AM) for Additive Manufacturing in the UK. This partnership will provide cutting-edge technology from EOS and AMCM, and focus on developing advanced materials and processes for high demand applications in industries such as aerospace, automotive, aerosp...
Recently, Focused Energy, a well-known foreign fusion energy startup, announced that it has officially signed an agreement to purchase two of the world's top high-energy lasers. These two large lasers will be deployed in the company's upcoming factory in the San Francisco Bay Area in the next two years.Scott Mercer, CEO of Focused Energy, stated, "These lasers are currently the highest average pow...
On June 10th, the construction of GZTECH's global headquarters and advanced light source research and development production base was launched. Rendering of GZTECH Global Headquarters and Advanced Light Source R&D and Production Base The project is located in Donghu Comprehensive Bonded Zone, with a total construction area of approximately 40000 square meters. It will integrate GZTECH's i...