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Q.ANT, a developer of artificial intelligence and high-performance computing (HPC) photonic processing systems, announced the completion of the second round of its Series A financing, reportedly valued at $18 million. The investment was led by Duquesne Family Office LLC, the investment firm of Stanley F. Druckenmiller. The increase brings Q.ANT’s total funding to US$80 M – claimed to be the larges...
Recently, Laserline, a leading semiconductor laser manufacturer in Germany, announced that it has completed the acquisition of a 70% stake in WBC Photonics, a Boston based laser technology expert, marking a significant strategic expansion for Laserline. Through this transaction, Laserline not only expands its product portfolio to include blue laser systems with excellent beam quality (better tha...
Recently, laser cleaning equipment manufacturer Laser Photonics Corporation (LPC) announced its ambitious 2025 growth strategy, emphasizing innovation, strategic investment, and market expansion. LPC Executive Vice President John Armstrong stated:With a solid foundation laid in 2024, we will enter 2025 with clear momentum and a firm focus on growth. The progress we made last year - strengthening...
The disruptive miniaturization design of fiber lasers is feeding back into the handheld laser welding market. The handheld laser welding that enters the trunk is bathed in the luster of black technology, making traditional argon arc welding and electric welding tremble.In the early years, argon arc welding was the most commonly used thin plate welding method among our ancestors, but its drawbacks ...
Recently, Nuburu, a high-power industrial blue light laser company in the United States, announced that the company has agreed to a new financing arrangement worth up to $65 million.This agreement was reached between Nuburu and the Delaware hedge fund Liquous LP, which claims to provide a "customized liquidity solution". According to the terms of the agreement, Nuburu will first receive an initial...