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Germany’s Office of the Federal President has announced the nominations for the German Future Prize 2025 (“Deutscher Zukunftspreis”). This year’s nominees include Dr. Mark Bischoff, Dr. Gregor Stobrawa and Dirk Mühlhoff from Zeiss Medical Technology (ZMT), for their project for minimally-invasive lenticule extraction to correct refractive errors. Nominated: Dirk Mühlhoff, Mark Bischoff, and Gr...
Recently, Fabrinet released its financial report for the three months ended December 27, 2024, showing that its sales and revenue exceeded expectations. During the reporting period, the company achieved sales of $834 million, a year-on-year increase of 17%. Net income increased by 25% during the same period, reaching $86.6 million.Although the growth in performance is still dominated by the optica...
On August 6th local time, Luminar, a leading publicly traded company in the field of LiDAR, announced a $422 million debt restructuring and raised $100 million in new capital. This measure marks Luminar taking solid steps in optimizing its capital structure and enhancing its financial stability.In early May this year, this laser radar manufacturer released an open letter disclosing a major strateg...
In 2017, the detection of gravitational waves generated by the merger of binary neutron stars marked a significant breakthrough in physics. These waves reveal important information about the universe, from the origin of short gamma ray bursts to the formation of heavy elements.However, capturing gravitational waves from the merged residue remains a challenge as these waves avoid the detection rang...
Hellas Sat, which holds a majority stake in Arabsat, has reached a memorandum of understanding with Thales Alenia Space to collaborate on the development of a luminous communication payload for an upcoming new mission that will be launched on the future Hellas Sat 5 telecommunications satellite, which will operate at 39 degrees east longitude.The partnership between Hellas Sat and Thales Alenia Sp...