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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,...
Makino Machine Tool Company, headquartered in Tokyo, Japan, and Fraunhofer Institute for Laser Technology (ILT), headquartered in Aachen, Germany, have collaborated to combine ultra-high speed laser material deposition (EHLA) and near net shape additive manufacturing (EHLA3D) with a five axis CNC platform. The new system developed can efficiently produce, coat, or repair complex geometric shapes o...
Recently, European laser technology leader Lumibird announced the signing of a major contract to provide laser rangefinders for airborne defense applications.The contract is worth approximately 20 million euros, adding to Lumibird's existing business in laser rangefinders. It covers the supply of over 100 laser rangefinders over a three-year period starting from the third quarter of 2024, as well ...
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...
A research team led by Lawrence Berkeley National Laboratory (Berkeley Lab), Columbia University, and Autonomous University of Madrid has successfully developed a novel optical computing material using photon avalanche nanoparticles. This breakthrough achievement was recently published in the journal Nature Photonics, paving the way for the manufacture of optical memory and transistors at the nano...