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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...
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...
Laudado&Associates LLC (L&A), an agricultural technology development company headquartered in California, announced the Autonomous Agricultural Solutions Conference held at FIRA Robotics&last week in Salinas, California.This patent pending technology is a completely new design, designed by L&A, aimed at maximizing the commercial feasibility of laser weeding and thinning. It utilize...
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...
The research team led by Professor Gao Xiaoming and Professor Liu Kun of the Chinese Academy of Sciences Hefei Institute of Physical Sciences recently designed a concentration independent pressure sensing technology for high-temperature combustion diagnosis. This method is based on dual color laser absorption spectroscopy.The results of this study have been published in Optics Letters.Aircraft eng...