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Recently, SuperLight Photonics, a leading laser technology manufacturer, announced that it has received strategic investment from global venture capital firm Hamamatsu Ventures, which will be used to promote long-term innovation and collaborative development of its laser technology. Hamamatsu Ventures focuses on investing in photonics companies that address future demand expectations, particular...
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...
With the help of on-chip accelerator technology, researchers at Stanford University are getting closer to manufacturing a miniature electron accelerator that can have various applications in industrial, medical, and physical research.Scientists have proven that silicon dielectric laser accelerators can now be used to accelerate and limit electrons, thereby producing concentrated high-energy electr...
Recently, Marvel Fusion, which focuses on developing laser fusion energy systems, announced that the company has received an additional € 50 million in Series B funding. This latest investment is provided by EQT Venture Capital and Siemens Energy, and is also the first investment of the European Innovation Council (EIC) fund in fusion energy. In addition to the 63 million euros investment announce...
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...