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Recently, German laser giant Trumpf released data for the fiscal year 2023/24. The latest financial report shows that the group's sales decreased by 4% and order volume decreased by 10% in the fiscal year 2023/24.Despite these setbacks, Germany has become the company's strongest single market for the first time in many years, highlighting a shift in market dynamics.At the end of this fiscal year, ...
From September 12 to 14, 2023, IPG Photonics, a well-known fiber laser technology leader in the United States, will showcase its latest innovative laser solutions at the Battery Show in Michigan, USA. IPG will also showcase industry-leading fiber laser sources and automated laser systems for electric vehicle battery welding applications.New laser technology pushes the limits of battery welding spe...
Rocket Lab USA continues its path of vertical integration and has signed an exclusive but non binding agreement with MynaricAG, a German laser communication terminal (LCT) supplier and Rocket Lab supplier, to acquire the company for $75 million in cash or stock.If Mynaric achieves its revenue target, it will pay an additional revenue of up to $75 million. This acquisition depends on whether Myna...
Marvin Panaco, a subsidiary of Spectris plc located in Egham, Surrey, UK, announced the launch of its new laser diffraction particle size measurement instrument Mastersizer 3000+. Mastersizer 3000+utilizes integrated artificial intelligence and data science driven software solutions, providing method development support, data quality feedback, instrument monitoring, and troubleshooting recommendat...
With funding from the National Science Foundation of the United States, researchers at the University of Rochester are developing photonic chips that use quantum technology called "weak value amplification" to replace mechanical gyroscopes used in drones, enabling them to fly in areas where GPS signals are obstructed or unavailable.Using this quantum technology, scientists aim to provide the same ...