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On July 24, Lumibird, a well-known French optoelectronics company, released its latest semi-annual report. In the first half of the year, Lumibird's revenues were 97.2 million euros, up 16 percent from the same period last year. Of this, the Optoelectronics division contributed 45.9 million euros and the remaining 51.3 million euros came from its medical division. In the second quarter (Q2) ended ...
German high-tech company TRUMPF has released data for the 2023/24 fiscal year: sales decreased by 3.6% to 5.2 billion euros, and orders decreased by 10.4% to 4.6 billion euros. The global number of employees has increased by 650, with a total of over 19000 employees, and the number of employees in Germany has increased by nearly 400.As of June 30, 2024, at the end of the 2023/24 fiscal year, the s...
Recently, Novanta, a pioneer in advanced laser and optical subsystems for medical and industrial applications, announced that the company will relocate from its original official address (Emery Court in Stockport, UK) to a state-of-the-art 70000 square foot factory facility in nearby Orion Business Park. Its business capabilities will also be expanded fourfold to serve an expanding team and custom...
On September 1 local time, Coherent, an American laser system solutions provider, announced that Dr. Mark Sobey, president of its laser division, has officially retired from the company.In July 2022, II-VI and Coherent completed the merger and were reorganized into three business units: Lasers, Materials and Networking. Since this point, Dr. Sobey has served as President of Coherent's Laser divisi...
How can EMAG Laser Technology accelerate the production of critical powertrain components using its flagship product ELC 6 system?The rapid popularity of electric vehicles worldwide indicates that production planners must increase their efforts in producing key components of electric vehicles, particularly the rotor shaft. The importance of the rotor shaft as the core component for converting elec...