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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...
Hellas Sat, which holds a majority stake in Arabsat, has reached a memorandum of understanding with Thales Alenia Space to collaborate on the development of a luminous communication payload for an upcoming new mission that will be launched on the future Hellas Sat 5 telecommunications satellite, which will operate at 39 degrees east longitude.The partnership between Hellas Sat and Thales Alenia Sp...
Starting company 3DM from Israel has developed a new laser powder bed fusion technology (SLS) and recently released its first product. It is reported that the new technology developed by this young company established in 2016 will open up the possibility of new materials.3DM quantum cascade laserThe quantum cascade laser (QCL) stands out in the competition of 3DM in the SLS field. QCL was develope...
On March 28th, Marvel Fusion, a laser fusion company from Munich, Germany, announced the completion of a B+round financing of 50 million euros, bringing the total amount of this round of financing to 113 million euros. It is reported that the company's cumulative financing has reached 385 million euros, making it the largest fusion company in Europe in terms of financing scale. This capital incr...
In the process of selecting electric vehicles, the effectiveness of the heating system is often overlooked. However, this system is crucial for providing a warm and comfortable driving environment and removing frost and fog from winter windows. More importantly, it can also improve battery efficiency, as the battery performs best within a specific temperature range.Unlike internal combustion engin...