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Recently, NUBURU, a supplier of high-power and high brightness industrial blue laser technology in the United States, announced that it has reached bridge loan agreements ("bridge loans" or "bridge financing") with existing and new institutional investors.The principal of this bridge financing is $5.5 million, aimed at providing funding for the company until it obtains long-term credit financing,...
In the field of high-performance gas sensing intelligence, Mirico stands out with its unique laser dispersive spectroscopy (LDS) technology, successfully raising $2 million in the latest round of financing.Recently, Mirico announced this good news. This financing is led by Shell Ventures and New Climate Ventures, with support from the UK Innovation and Science Seed Fund (UKI2S) and other existing ...
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, ...
Strata Networks is one of the fastest growing communication cooperatives in Utah, and has chosen Ekinops360 from Ekinops as the platform to upgrade its optical transmission network.Strata is headquartered in Roosevelt, Utah, with a network spanning the Uintah Basin, the Vasatch Front, and Denver. The cooperative continues to expand and improve its fiber optic footprint to differentiate its telepho...
At the EPHJ exhibition, GF Machining Solutions will showcase its latest laser solutions for microfabrication and 3D surface texture processing. Inspired by 70 years of innovation in the machine tool industry and 15 years of mastery of laser technology, GF Machining Solutions' latest innovations enable manufacturers to take speed and accuracy to new levels - they can experience it firsthand at EP...