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On August 6th local time, Luminar, a leading publicly traded company in the field of LiDAR, announced a $422 million debt restructuring and raised $100 million in new capital. This measure marks Luminar taking solid steps in optimizing its capital structure and enhancing its financial stability.In early May this year, this laser radar manufacturer released an open letter disclosing a major strateg...
The development of new energy technology has made battery technology the engine for advancing clean energy. In battery manufacturing, the cutting of battery shell shaped parts is a crucial step. CO2 laser cutting machines have become an innovative tool for promoting the development of this field due to their high efficiency and precision. This article will delve into the important characteristics ...
On February 5, 2025, Innoviz Technologies, an Israeli laser radar listed company, announced operational optimization measures to extend the duration of the company's cash reserve usage and accelerate profitability and free cash flow generation. To maximize efficiency, the company will reduce investment in developing mature areas. These measures will result in a reduction of approximately 9% in the...
QBeam is a leader in developing breakthrough optical products and announced today that its handheld laser ablation equipment is fully launched for free space optical communication in indoor office locations. The qBeam window ablation laser allows for the installation of optical communication terminals indoors by treating windows that otherwise block the infrared beams of the terminals.Commercial b...
Recently, Marvel Fusion, which focuses on developing laser fusion energy systems, announced that the company has received an additional € 50 million in Series B funding. This latest investment is provided by EQT Venture Capital and Siemens Energy, and is also the first investment of the European Innovation Council (EIC) fund in fusion energy. In addition to the 63 million euros investment announce...