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The China International Industrial Expo is an important window and economic and trade exchange and cooperation platform for China's industrial sector to the world, as well as a window for the world to understand the current development status of China's manufacturing industry. It is understood that the scale, energy level, and number of new exhibits of this year's Industrial Expo are all the highe...
Recently, Bitsensing, a leading provider of advanced radar solutions in South Korea, announced the successful completion of Series B financing, with a financing amount of up to $25 million (approximately RMB 181.6 million).This major investment is led by a series of well-known venture capital firms and strategic investors, which not only demonstrates Bitsensing's leading position in the radar tech...
Recently, Afinum Management, a private equity firm based in Munich, Germany, has acquired a large stake in two laser companies, with the intention of opening up new laser markets by combining the strengths of three parties.According to media reports, the two companies are ARC Laser in Germany and GNS neo Laser in Israel, and Afinum has agreed with the founders of the two companies that the acquisi...
In order to completely change the world of laser engraving, Swiitol has launched the E24 Pro, a 24W integrated laser engraving machine with cutting-edge features and functions. The Swiitol E24 Pro showcases an innovative integrated structure laser engraving machine made of durable aluminum alloy. It is worth noting that the device can be used out of the box without installation, providing users wi...
On August 16, Coherent, an American laser system solutions provider, announced its fiscal year 2023 and fourth quarter results for the year ended June 30, 2023. This is also the first annual report released after the merger of II-VI and Coherent.Fiscal year 2023 revenueCoherent reported revenue of $5.16 billion for the full fiscal year 2023, up 56% year over year.By business unit, the Networking b...