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A new European research project is exploring whether the same fibre-optic cables that carry our internet could also serve as real-time sensors for hidden damage in infrastructure, including bridges, railways, tunnels and energy pipelines. The €5.1 million ECSTATIC project, coordinated by Aston University in the UK, is trialling this breakthrough approach in a major UK city, using a heavily-used...
Recently, Luxium Solutions, a high-performance crystal material supplier, announced the successful completion of its strategic acquisition of Inrad Optics, a leading optical materials company. This milestone transaction not only greatly enriches Luxium's innovative product matrix, but also injects valuable resources, operational wisdom, and capital drive into Inrad Optics. Both parties will work t...
On August 8, local time, Jalisco, Mexico welcomed the grand opening of Yangtze Optics Mexico Cable S.A. de C.V., marking the eighth overseas production base of Yangtze Optical Fiber & Cable Co. ("Yangtze Fiber Optics") has successfully set up its eighth overseas production base in its 36-year development history, further advancing its internationalization strategy blueprint. Today, we are pr...
Recently, Carl Zeiss announced on its official website that it plans to launch a new strategic business unit, ZEISS Photonics&Optics, on October 1, 2024, with the aim of providing excellent optoelectronic and optical products and solutions to global customers. It is reported that starting from the 2024/25 fiscal year, Zeiss Group will establish a new business unit focused on optoelectronics...
Recently, Markets And Markets released a five-year assessment report on the global laser industry. According to the report, the global laser technology market is expected to reach $20 billion by 2024 and is projected to reach $29.5 billion by 2029, with a compound annual growth rate of 8.0% during the forecast period.Global Laser Technology Market ForecastThe reasons for market growth include: the...