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Recently, nLIGHT, a manufacturer of high-power semiconductors and fiber lasers, announced its financial performance for the fourth quarter and full year of 2024.financial summaryTotal revenue: 198.5 million US dollars, a decrease from 209.9 million US dollars in 2023, due to a decline in sales in the laser product department.Operating loss: A loss of $65.6 million, compared to a loss of $46.8 mill...
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...
Japanese and Swiss scientists have collaborated to develop glass that can generate electricity under light, which may pave the way for sustainable energy production. Researchers from Tokyo Institute of Technology and the Swiss Federal Institute of Technology in Lausanne used femtosecond lasers to etch circuits on glass surfaces, resulting in the unexpected generation of semiconductor crystals.The ...
Recently, Coherent LaserSystems, the global leader in laser and photon solutions, and Fraunhofer IZM-ASSID jointly announced that they have reached a strategic partnership to develop and optimize alternative bonding and debonding technologies for advanced CMOS and heterogeneous integrated applications (including quantum computing), in which laser technology plays a crucial role. It is reported t...
Recently, Halo Industries, an innovative technology company based in California, announced that it has successfully raised $80 million in Series B venture capital, marking a significant breakthrough in its use of laser technology to revolutionize the production of silicon carbide (SiC) semiconductor wafer substrates.This financing is led by the US Innovation Technology Fund (USIT) and involves hea...