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Recently, NUBURU, a supplier of high-power and high brightness industrial blue laser technology in the United States, announced that it has reached bridge loan agreements ("bridge loans" or "bridge financing") with existing and new institutional investors.The principal of this bridge financing is $5.5 million, aimed at providing funding for the company until it obtains long-term credit financing,...
Recently, Laserline, a leading semiconductor laser manufacturer in Germany, announced that it has completed the acquisition of a 70% stake in WBC Photonics, a Boston based laser technology expert, marking a significant strategic expansion for Laserline. Through this transaction, Laserline not only expands its product portfolio to include blue laser systems with excellent beam quality (better tha...
Rocket Lab USA continues its path of vertical integration and has signed an exclusive but non binding agreement with MynaricAG, a German laser communication terminal (LCT) supplier and Rocket Lab supplier, to acquire the company for $75 million in cash or stock.If Mynaric achieves its revenue target, it will pay an additional revenue of up to $75 million. This acquisition depends on whether Myna...
Not long ago, Nuburu, the developer of industrial blue light lasers, encountered a personnel change controversy. The departure of two senior executives from its board of directors resulted in a shortage of board members, and the originally scheduled special meeting for financing proposals was forced to be cancelled as a result. Recently, Nuburu announced two new director appointments that will tak...
On the morning of August 26th, the world's first large-scale 40000 watt groove laser cutting machine production ceremony was successfully held at Shandong Century Zhenghua Metal Technology Co., Ltd. located in Zhoucun District, adding another boost to the rapid development of Zhoucun's stainless steel industry chain.Source:博览新闻