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On August 16, Coherent, an American laser system solutions provider, announced its fiscal year 2023 and fourth quarter results for the year ended June 30, 2023. This is also the first annual report released after the merger of II-VI and Coherent.Fiscal year 2023 revenueCoherent reported revenue of $5.16 billion for the full fiscal year 2023, up 56% year over year.By business unit, the Networking b...
In the breakthrough transformation towards sustainable industrial practices, LASIT is at the forefront of the ecological revolution in laser marking technology. This evolution is not just about labeling products; This is about marking a sustainable future.Environmental Innovation: A New Era of Industrial PrecisionLASIT's laser technology is a model of environmental protection. Unlike traditional m...
On August 9, local time, Germany's leading optoelectronics company Jenoptik released its 2024 second quarter interim financial results forecast. The financial data show that the company in the challenging market environment still shows strong growth momentum.In the first half of the year, Jenoptik achieved significant growth in revenue and earnings before interest, taxes, depreciation and amortiza...
According to a report in Nature on June 26th, a team from Stanford University in the United States has developed a titanium sapphire laser on a chip. Whether in terms of scale efficiency or cost, this achievement is a huge progress. Image source: Nature websiteTitanium sapphire lasers are indispensable in many fields such as cutting-edge quantum optics, spectroscopy, and neuroscience, but they ...
Makino Machine Tool Company, headquartered in Tokyo, Japan, and Fraunhofer Institute for Laser Technology (ILT), headquartered in Aachen, Germany, have collaborated to combine ultra-high speed laser material deposition (EHLA) and near net shape additive manufacturing (EHLA3D) with a five axis CNC platform. The new system developed can efficiently produce, coat, or repair complex geometric shapes o...