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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...
Last month, Manz AG officially announced that the company is about to undergo bankruptcy restructuring. The board of directors of the company believes that due to insufficient liquidity and excessive debt, Manz AG intends to apply for bankruptcy proceedings in accordance with bankruptcy laws. The application is expected to be submitted in the next few days. Manz AG is headquartered in Reutlingen...
Rocket Lab USA continues its path of vertical integration and has signed an exclusive but non binding agreement with MynaricAG, a German laser communication terminal (LCT) supplier and Rocket Lab supplier, to acquire the company for $75 million in cash or stock.If Mynaric achieves its revenue target, it will pay an additional revenue of up to $75 million. This acquisition depends on whether Myna...
Laser and electro-optic product manufacturer and supplier Xinyuan Technology announced today that it plans to participate in the 2024 Western Optoelectronics Show in San Francisco from January 30th to February 1st.As a top event in the photonics industry, the Western Optoelectronics Show in the United States will return in 2024 to host another groundbreaking exhibition. This annual event att...
Recently, NUBURU, a global developer of high-power and high brightness industrial blue light laser technology, announced the signing of a strategic commitment letter, officially launching a deep layout in the field of national defense and security. This transformation plan covers capital restructuring, technology mergers and acquisitions, and management team upgrades, marking a new stage of divers...