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On March 28th, Marvel Fusion, a laser fusion company from Munich, Germany, announced the completion of a B+round financing of 50 million euros, bringing the total amount of this round of financing to 113 million euros. It is reported that the company's cumulative financing has reached 385 million euros, making it the largest fusion company in Europe in terms of financing scale. This capital incr...
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,...
From September 12 to 14, 2023, IPG Photonics, a well-known fiber laser technology leader in the United States, will showcase its latest innovative laser solutions at the Battery Show in Michigan, USA. IPG will also showcase industry-leading fiber laser sources and automated laser systems for electric vehicle battery welding applications.New laser technology pushes the limits of battery welding spe...
German high-tech company TRUMPF has released data for the 2023/24 fiscal year: sales decreased by 3.6% to 5.2 billion euros, and orders decreased by 10.4% to 4.6 billion euros. The global number of employees has increased by 650, with a total of over 19000 employees, and the number of employees in Germany has increased by nearly 400.As of June 30, 2024, at the end of the 2023/24 fiscal year, the s...
They are the strongest lasers in history, and their beams are helping scientists explore the structure of the universe.In a research laboratory at the University of Michigan, bright green light fills the vacuum chamber of a technology giant. It is the size of two tennis courts. The walls are shielded with 60 centimeters of concrete to prevent radiation leakage, and workers wear masks and hairnets ...