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On August 6th local time, Luminar, a leading publicly traded company in the field of LiDAR, announced a $422 million debt restructuring and raised $100 million in new capital. This measure marks Luminar taking solid steps in optimizing its capital structure and enhancing its financial stability.In early May this year, this laser radar manufacturer released an open letter disclosing a major strateg...
Theon International and Exosens SA have reached an agreement to acquire 9.8% of the shares for 268.7 million euros (approximately 312 million US dollars, equivalent to 54.0 euros per share).Theon International is a Greek based developer and manufacturer of customizable night vision, thermal imaging systems, and electro-optical ISR (observation) systems for military and security applications.Theon ...
According to the University of Cambridge, researchers have developed a new method for 3D printing metal, which can help reduce costs and more effectively utilize resources. This method, developed by a research team led by the University of Cambridge, allows structural modifications to be "programmed" into metal alloys during 3D printing - fine-tuning their performance without the need for thousand...
Recently, Liang Xu's team from the Laser Center of Anguang Institute, Chinese Academy of Sciences, Hefei Institute of Materia Medica, conducted research on corona discharge fluid control and its application in the gas laser system, proposed an electric field flow field coupling analysis model suitable for multi pin corona discharge scenarios, and revealed the flow velocity distribution characteris...
On February 11th, global industrial fiber laser giant IPG Photonics announced its financial performance for the fourth quarter and full year of 2024. Annual sales have fallen below the $1 billion mark for the first time, with a year-on-year decline of 24% and a pre tax loss of up to $162 million. As an industry leader, IPG's financial report not only reflects the deep adjustment faced by the ind...