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Recently, nLIGHT, a manufacturer of high-power semiconductors and fiber lasers, announced its financial performance for the second quarter of 2024.According to the financial report, nLIGHT achieved a revenue of $50.5 million in the second quarter of 2024, a year-on-year decrease of 5.2% and an increase of 13% compared to the first quarter; The GAAP net loss for the second quarter was $11.7 million...
Recently, Keyence announced that it has delivered the MD-U series of 3-axis controlled UV laser marking machines to its UK customers. This product technology utilizes ultraviolet lasers with high absorption rates to perform cold labeling on various materials - a process that can be carried out under minimum thermal stress.UV laser is generated by passing a standard wavelength laser (1064nm) throug...
Recently, renowned precision optical technology manufacturer Gooch&Housego (G&H) announced the successful acquisition of Phoenix Optical Technologies, a precision optical manufacturer located in St. Asaf, Wales, UK. The acquisition transaction amounts to £ 6.75 million, which not only consolidates G&H's market position in the aerospace and defense sectors, but also significantly expa...
HSG Laser unveiled its next-generation laser cutting solutions—the GH V2.0 high-power flatbed system and TS2 intelligent tube cutting machine—at its Düsseldorf showroom, marking a major milestone in its European market expansion. (Image: HSG Laser)Attended by customers and partners from across the continent, the event featured live demonstrations of both systems and highlighted HSG’s growing i...
Photonic component manufacturer Lumentum says that its sales revenues will exceed half a billion dollars in the current quarter - and surpass $600 million this time next year, as demand from artificial intelligence (AI) data centers continues to accelerate. CEO Michael Hurlston announced a sales figure of just under $481 million for the quarter that ended June 28, up 56 per cent year-on-year and...