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Recently, Markets And Markets released a five-year assessment report on the global laser industry. According to the report, the global laser technology market is expected to reach $20 billion by 2024 and is projected to reach $29.5 billion by 2029, with a compound annual growth rate of 8.0% during the forecast period.Global Laser Technology Market ForecastThe reasons for market growth include: the...
The latest expansion of the European Space Agency's laboratory is essentially portable: this European Space Agency's mobile optical ground station is housed in a standard container and can be transported throughout Europe as needed for laser based optical communication with satellites - including NASA's Psyche mission, in space millions of kilometers away.The station has officially become a part o...
A good countertop can make a home better. In that spirit, Southern Stoneworks, Orlando's leading countertop manufacturer and installer, has set a new standard in the industry by incorporating advanced laser technology into its processes. Utilizing state-of-the-art laser-guided saws and tools, the company has significantly reduced the time required to measure, manufacture, and install kitchen count...
On July 7, the European Space Agency (ESA), established Europe’s first deep-space optical communication link with NASA’s Psyche mission using a high-power fiber laser system supplied by NKT Photonics, a subsidiary of Hamamatsu.NKT’s announcement stated, “This achievement, conducted with NASA/JPL’s Deep Space Optical Communications (DSOC) demonstrator, marks a significant leap forward in high-data-...
Novanta Corporation ("Novanta") announced the launch of the new generation of multi axis scanning head, the Precession Elephant III.This next-generation multi axis scanning head for microfabrication provides a simple upgrade path for existing and new customers to meet the growing market demand with faster and more accurate performance.The Precision Elephant III (PE III) utilizes proprietary optica...