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It is reported that Stratasys Ltd. (NASDAQ: SSYS) announced on February 2nd that it has received a $120 million investment from Fortissimo Capital, an Israeli private equity firm. This transaction directly purchases 11.65 million newly issued shares at a price of $10.30 per share, representing a premium of 10.6% compared to the company's closing price on January 31, 2025. As of press time, it has ...
PhotonVentures, based in Eindhoven, the Netherlands, has announced the launch of a venture capital fund designed to help early-stage photonic chip startups and scale-up businesses.In the first round of funding, PhotonDelta, a Dutch photonic integrated circuit (PIC) pioneer, raised €60 million as the lead investor and numerous private investors. PhotonVentures said it plans to raise a total of...
Recently, nLIGHT, a manufacturer of high-power semiconductors and fiber lasers, released its preliminary performance forecast for the fourth quarter of 2024.According to disclosed information, nLIGHT expects its revenue for the fourth quarter of 2024 to be between $46 million and $48 million, lower than the estimated range of $49 million to $54 million when it released its third quarter results on...
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...
Particle physicists have detected for the first time a new decay of the Higgs boson, revealing subtle differences predicted by the standard model and potentially pointing to new physics beyond it. The research results are published in the journal Physical Review Letters.The theoretically predicted Higgs boson since the 1960s was finally discovered in the European CERN laboratory in 2012. As a quan...