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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...
Chief researcher Clara Saraceno will bring the new laser to the market with the support of ERC funding.Femtosecond lasers can be used to create high-precision microstructures, such as those required for smartphone displays and various automotive technology applications.Professor Clara Saraceno from Ruhr University in Bochum, Germany is committed to developing and introducing cheaper and more effic...
Tokamak Energy is currently developing a new laser measurement technology for controlling extreme conditions inside fusion power plants.The laser based dispersion interferometer system is being tested at the company's headquarters in Oxford and will be installed on its world record breaking fusion machine ST40 later this year.Clean, safe, and renewable nuclear fusion power generation occurs inside...
Most traditional quantum computing uses the spin of supercooled atoms or individual electrons as quantum bits, which form the foundation of such devices. By comparison, if light is used to replace physical entities as basic quantum bits, ordinary lenses and optical detectors can replace expensive devices to control the data input and output of quantum bits.Based on this, chemistry professors Moung...
Recently, American FMCW LiDAR listed company Aeva announced a strategic partnership with a technology subsidiary of a Fortune Global 500 company to jointly introduce Aeva's fourth generation 4D LiDAR into emerging industrial and consumer markets.According to the agreement, the tech giant will provide a strategic investment of approximately $50 million to Aeva through subscription of Aeva common st...