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On May 30th, Jenoptik announced on its official WeChat account that after approximately two and a half years of construction, its new factory in Dresden, Germany, with an investment of nearly 100 million euros, has officially opened. This is the largest single investment project in Jenoptik's recent history.Jenoptik President and CEO Dr. Stefan Traeger stated that this new factory will make Dresde...
Recently, BLM GROUP USA, a leading manufacturer of laser tube and sheet metal processing equipment, announced that its North American headquarters in Novi, Michigan has officially started construction, with plans to add 65000 square feet of modern facilities. It is expected to be completed and put into use in the third quarter of 2025.The specific investment amount for this expansion has not been ...
On February 5th, it was reported that Q BIG 3D GmbH filed for bankruptcy on January 31, 2025. The Ludwigsburg District Court has ordered temporary bankruptcy administration and appointed Mr. Ilkin Bananyarli of PLUTA Rechtsanwarts GmbH as the temporary bankruptcy administrator.The company was founded in 2019 and focuses on large format particle 3D printing systems, providing additive manufacturing...
The Mitsubishi GX-F Advanced series of artificial intelligence enabled fiber lasers now use patented gas and burr reduction technology to help improve cutting quality while reducing gas consumption when cutting low-carbon steel.Mitsubishi Laser's proprietary Agr Mix nozzle technology does not require an external mixing tank or high-pressure oxygen. The combination of low-pressure air and nitrogen ...
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...