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On June 11, 2024, Korean laser medical equipment manufacturer Lameditech successfully completed its initial public offering and was listed on the KOSDAQ exchange on the 17th.Last month, its public offering price was fixed at 16000 Korean won. In this public offering, Lameditech issued a total of 1298000 shares, raising approximately 20.8 billion Korean won. Since Lameditech's debut on KOSDAQ, as o...
Recently, Teledyne Technologies announced that it has reached an agreement to acquire a portion of Excelitas Technologies' aerospace and defense electronics business for $710 million in cash.This acquisition includes the optical systems business under the Qioptiq brand headquartered in North Wales, UK, as well as the Advanced Electronic Systems (AES) business headquartered in the United States.It ...
On November 25th, Optimax, the largest precision optics manufacturer in the United States, announced the appointment of Joseph Spilman as CEO and Pete Kupinski as President. After developing a comprehensive succession plan, Optimax CEO Rick Plympton will retire along with President and Founder Mike Mandina.Mandina stepped down in 2021 and passed on the title of CEO to Spilman, strategically appo...
Laserline will once again showcase its latest laser systems for joining and deposition welding at this year's Welding & Cutting show in Hall 5. This time the focus is on the world's first blue diode laser with an output power of 4 kW, which is said to have been developed for processing copper components.Its 445 nanometer wavelength is absorbed by copper and copper alloys, which is five t...
3D printers have become popular worldwide, allowing you to create useful and beautiful products. This has sparked a trend towards DIY, which is "doing it yourself," even driving popular pages such as Etsy in Spain. In fact, an economy has been established around these types of handmade products. But there are more devices that can help with these types of creativity.The latest one is Xiaomi's inve...