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Recently, renowned precision optical technology manufacturer Gooch&Housego (G&H) announced the successful acquisition of Phoenix Optical Technologies, a precision optical manufacturer located in St. Asaf, Wales, UK. The acquisition transaction amounts to £ 6.75 million, which not only consolidates G&H's market position in the aerospace and defense sectors, but also significantly expa...
Recently, the supervisory board of Jenoptik, a leading German laser technology company, announced an important decision: to extend and confirm the term of Dr. Stefan Traeger as Chairman of the Executive Board, with a new term of three years starting from July 1, 2025, and the contract validity period correspondingly extended to June 30, 2028. Dr. Stefan Traeger has been serving as the President ...
Since the 1960s, lasers have brought revolutionary changes to the world and have now become an indispensable tool in modern applications, from cutting-edge surgical procedures and precision manufacturing to fiber optic data transmission. However, with the increasing demand for laser applications, challenges have also arisen. For example, the market for fiber lasers is constantly expanding, mainly ...
Recently, US military industry giant Lockheed Martin announced that it will significantly increase its additive manufacturing capabilities and expand its factory in Texas. The expansion project includes approximately 16000 square feet of dedicated space for 3D printing technology, and the addition of some of the largest large format multi laser printers in the space (it is worth noting that Lockhe...
Recently, high-power blue laser manufacturer NUBURU announced the official launch of a working group consisting of a joint management team from the company and the target defense technology enterprise, which was part of the previous acquisition plan. According to the joint research and development agreement signed by NUBURU in March, the working group will also be responsible for overseeing the ...