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Last month, Manz AG officially announced that the company is about to undergo bankruptcy restructuring. The board of directors of the company believes that due to insufficient liquidity and excessive debt, Manz AG intends to apply for bankruptcy proceedings in accordance with bankruptcy laws. The application is expected to be submitted in the next few days. Manz AG is headquartered in Reutlingen...
On February 3, 2025, Lumentum Holdings has appointed Michael Hurlston as its President, CEO, and Director, effective from February 7. Hurlston replaces Alan Lowe, who has been serving as the company's President and CEO since 2015. Lowe will continue to serve as a member of Lumentum's board of directors and as a consultant to the company.Lumentum is a major supplier of high-speed optical transceive...
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...
In the process of selecting electric vehicles, the effectiveness of the heating system is often overlooked. However, this system is crucial for providing a warm and comfortable driving environment and removing frost and fog from winter windows. More importantly, it can also improve battery efficiency, as the battery performs best within a specific temperature range.Unlike internal combustion engin...
Imagine being able to carry a 3D printer with you and quickly create low-cost objects, such as fastening bicycle wheels or parts needed for critical medical surgeries. Scientists from the Massachusetts Institute of Technology (MIT) and the University of Texas at Austin have combined silicon photonics and photochemical technology to successfully develop the first chip based 3D printer, taking a cru...