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On August 16, Coherent, an American laser system solutions provider, announced its fiscal year 2023 and fourth quarter results for the year ended June 30, 2023. This is also the first annual report released after the merger of II-VI and Coherent.Fiscal year 2023 revenueCoherent reported revenue of $5.16 billion for the full fiscal year 2023, up 56% year over year.By business unit, the Networking b...
Recently, Laser Photonics Corporation (LPC) claims to have successfully secured an order from ES Fox Limited to provide them with the CleanTech 500-CTHD laser cleaning system.ES Fox Limited, founded in 1934, is recognized as a leader in the industrial manufacturing and construction industry in Canada. Its nuclear service department has invested millions of hours to support the nuclear power indust...
On July 3rd local time, Swiss ophthalmic care giant Alcon announced the acquisition of Israeli medical technology company Belkin Vision and its laser equipment assets for treating glaucoma.The transaction includes a prepayment of $81 million, of which approximately $65 million is in cash. In addition, if Alcon can establish this technology as the preferred first-line treatment option for clinical ...
Recently, RAYZ, a leading research and production company for high-performance LiDAR, announced the successful completion of the A-round financing. This round of financing was led by SMIC Juyuan, and well-known institutions such as Juntong Capital, Feitu Capital, Qiandao Investment, and Qiyu Chuangying also participated in this round of financing. The new round of financing will be used for the re...
Latest news: Rheinmetall and European Missile Group Germany plan to establish a joint venture to develop shipborne laser weapons.The cooperation between the two companies in the field of military laser technology has been ongoing for several years. In 2022 and 2023, under the framework of the High Energy Marine Laser Demonstration Working Group (ARGE), the jointly developed laser was successfully ...