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The global laser processing market is expected to grow from $4.2 billion in 2023 to $7.73 billion in 2031, with a compound annual growth rate (CAGR) expected to reach 8.1% during this forecast period. According to DataM Intelligence Comprehensive Report has released its latest report on the "Laser Processing Market Size 2025," providing a detailed analysis of market trends, key growth drivers, c...
Bright Laser Technologies (BLT), a global leader in additive manufacturing headquartered in China, has launched a new BLT-S800 metal 3D printer with a super large construction volume (800 mm x 800 mm x 600 mm) and a 20 fiber laser configuration, which can shorten part delivery time and achieve rapid customer manufacturing.The BLT-S800 system supports titanium alloy, aluminum alloy, high-temperatur...
Haylo Labs, a UK company recently established by former WaveOptics CEO David Hayes, has acquired microLED developer Plessey Semiconductors.Haylo says it also plans to invest more than £100 million scaling Plessey’s production capacity over the next five years at the firm’s GaN-on-silicon site in Plymouth and beyond, in anticipation of fast-growing demand for augmented and virtual reality (AR/VR) a...
On February 11th, global industrial fiber laser giant IPG Photonics announced its financial performance for the fourth quarter and full year of 2024. Annual sales have fallen below the $1 billion mark for the first time, with a year-on-year decline of 24% and a pre tax loss of up to $162 million. As an industry leader, IPG's financial report not only reflects the deep adjustment faced by the ind...
Researchers have developed a new experimental platform that can measure the light wave electric field captured between two mirrors with sub periodic accuracy. This electro-optical Fabry Perot resonant cavity will achieve precise control and observation of the interaction between light and matter, especially in the terahertz (THz) spectral range. The research results were published in the journal "...