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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...
Recently, the research team of the High Power Laser Element Technology and Engineering Department of the Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences, has made new progress in evaluating the laser damage resistance and damage mechanism of 532nm thin film polarizers using different laser damage test protocols. The related achievements were published in Optical Materi...
On March 28th, Marvel Fusion, a laser fusion company from Munich, Germany, announced the completion of a B+round financing of 50 million euros, bringing the total amount of this round of financing to 113 million euros. It is reported that the company's cumulative financing has reached 385 million euros, making it the largest fusion company in Europe in terms of financing scale. This capital incr...
PsiQuantum, the Palo Alto startup at the forefront of photonics-based quantum computer development, says it will break ground on two manufacturing sites after closing a series E venture round that raised $1 billion.The new funding, led by private equity giant Blackrock and featuring several others including Nvidia’s venture capital wing, will enable the firm to build quantum computing sites in Bri...
International laser giant Coherent's Q4 2024 sales exceeded expectations, reaching a historic high!Recently, Coherent released its highest quarterly sales data in history, mainly due to the demand for optical transceivers in artificial intelligence data center applications. For the three months ending December 31, the company's revenue was $1.43 billion, a year-on-year increase of 27% and a 6% inc...