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Recently, NUBURU, a supplier of high-power and high brightness industrial blue laser technology in the United States, announced that it has reached bridge loan agreements ("bridge loans" or "bridge financing") with existing and new institutional investors.The principal of this bridge financing is $5.5 million, aimed at providing funding for the company until it obtains long-term credit financing,...
Recently, BLM GROUP USA, a leading manufacturer of laser tube and sheet metal processing equipment, announced that its North American headquarters in Novi, Michigan has officially started construction, with plans to add 65000 square feet of modern facilities. It is expected to be completed and put into use in the third quarter of 2025.The specific investment amount for this expansion has not been ...
Recently, MKS Instruments released its Q4 and full year financial results for 2024. According to the report, MKS's revenue for the fourth quarter of 2024 reached $935 million, a year-on-year increase of 4.7%, with a GAAP net income of $90 million; In 2024, the annual revenue was nearly 3.6 billion US dollars, a year-on-year decrease of 0.9%. GAAP net revenue was 190 million US dollars, turning los...
Researchers from Shantou University have reported a review of residual stresses in metal additive manufacturing: detection techniques, numerical simulations, and mitigation strategies. The relevant paper titled "A comprehensive review of residual stress in metal additive manufacturing: detection techniques, numerical simulations, and mitigation strategies" was published in the Journal of the Brazi...
Engineer and inventor Ezequiel Pawelko is one of the creators of X Lidar, a laser technology that can detect volcanic ash in the atmosphere, draw safe flight paths, and maintain airport operations during volcanic eruptions. Nowadays, he is engaged in other applications such as detecting space debris, monitoring natural resources and fisheries, preventing fires, and drawing radiation and wind maps ...