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Recently, Bitsensing, a leading provider of advanced radar solutions in South Korea, announced the successful completion of Series B financing, with a financing amount of up to $25 million (approximately RMB 181.6 million).This major investment is led by a series of well-known venture capital firms and strategic investors, which not only demonstrates Bitsensing's leading position in the radar tech...
Recently, TroGroup, a family owned laser giant operating globally in Austria, announced a major strategic move - the successful acquisition of Luxinar Ltd., a leading laser source manufacturer based in Hull, UK. This move marks a new level of TroGroup's technological leadership in the field of laser sources.Through this acquisition, Luxinar, with its approximately 200 elite team and over 25 years ...
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...
In a mass particle accelerator, subatomic particles are accelerated to ultrahigh speeds that are comparable to the speed of light towards the target surface. The accelerated collision of subatomic particles produces unique interactions, enabling scientists to gain a deeper understanding of the fundamental properties of matter.Traditionally, laser based particle accelerators require expensive laser...
Photonic component manufacturer Lumentum says that its sales revenues will exceed half a billion dollars in the current quarter - and surpass $600 million this time next year, as demand from artificial intelligence (AI) data centers continues to accelerate. CEO Michael Hurlston announced a sales figure of just under $481 million for the quarter that ended June 28, up 56 per cent year-on-year and...