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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, RDO equipment announced the completion of its acquisition of Rocky Mountain Transit&laser, expanding the construction technology solutions, services and expertise of John Deere construction and Wirtgen group in eight stores in Idaho, Wyoming and Utah, RDO acquired the stores in December 2023.Adam Gilbertson, senior vice president of field technology and innovation at RDO, said the ac...
Recently, the research team of the High Power Laser Physics Joint Laboratory of the Chinese Academy of Sciences Shanghai Institute of Optics and Fine Mechanics identified and analyzed the abnormal near-field output of the SG - Ⅱ upgrade device by using the spatial domain computing method and the deep learning model with attention mechanism in response to the requirements of real-time and effective...
November 25, 2024, Mainz, GermanyStarting from January 1, 2025, Dr. Torsten Derr will take over as the CEO of SCHOTT Group.The new CEO of SCHOTT Group previously served as the CEO of SGL Carbon SE.Starting from January 1, 2025, Dr. Torsten Derr will officially assume the position of CEO of SCHOTT Group. SCHOTT Group announced in October 2024 that Dr. Torsten Derr will succeed Dr. Frank Heinrich, w...
Recently, ams Osram, a developer of smart sensors and transmitters, announced that it expects to receive over 300 million euros in funding from the German Federal Government and the Free State of Bavaria over the next five years.This funding is aimed at promoting Osram's development of the next generation optoelectronic semiconductor technology in Regensburg, Germany. The IPCEI funding in this bat...