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Recently, Laser Photonics Corporation (LPC), a laser cleaning equipment developer listed on NASDAQ in the United States, announced that the company has signed a final agreement to acquire Control Micro Systems, Inc. (CMS) through an Asset Purchase Agreement (APA), but the financial details of the transaction have not yet been disclosed.At present, LPC's market value has shrunk by 70%, and it is de...
Recently, Jenoptik, a leading German company in the field of optoelectronics, announced that the group successfully won multiple automation solution orders worth over 17 million euros in the second quarter of 2024.It is revealed that these orders originated from a first tier OEM supplier (unnamed) and were delivered by Prodomax, an automation expert under the group.As a member of the Yina Group (a...
Recently, MKS Instruments released its Q4 and full year financial results for 2024. According to the report, MKS's revenue for the fourth quarter of 2024 reached $935 million, a year-on-year increase of 4.7%, with a GAAP net income of $90 million; In 2024, the annual revenue was nearly 3.6 billion US dollars, a year-on-year decrease of 0.9%. GAAP net revenue was 190 million US dollars, turning los...
In April 2024, GE Additive was renamed Colibrium Additive. Colibrium Additive (formerly GE Additive) is a subsidiary of GE Aerospace Propulsion and Additive Technology (PAT) and was established at the end of 2016. Nowadays, it is a trusted partner and manufacturer of industrial metal 3D printers and metal powders, as well as a service provider for industrial metal 3D printers and metal powders. It...
The global leader in laser technology solutions, Frankfurt Laser, has launched a new series of high-power fiber coupled laser diodes, setting a new standard in the laser industry. The innovative 9XXnm high-power fiber coupled laser diode aims to optimize fiber laser pump source applications, providing unparalleled efficiency, compactness, and brightness.The New Era of Laser TechnologyThe latest pr...