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Hellas Sat, which holds a majority stake in Arabsat, has reached a memorandum of understanding with Thales Alenia Space to collaborate on the development of a luminous communication payload for an upcoming new mission that will be launched on the future Hellas Sat 5 telecommunications satellite, which will operate at 39 degrees east longitude.The partnership between Hellas Sat and Thales Alenia Sp...
On August 19th, local time, LIS Technologies, a U.S.-based developer of laser uranium enrichment technology, announced the latest closing of an $11.88 million seed round of financing. According to reports, LIS Technologies is a company focused on developing advanced laser technology and is the only U.S.-based laser uranium enrichment company to hold a homegrown patent. The round attracted a numb...
Recently, German laser giant Trumpf released data for the fiscal year 2023/24. The latest financial report shows that the group's sales decreased by 4% and order volume decreased by 10% in the fiscal year 2023/24.Despite these setbacks, Germany has become the company's strongest single market for the first time in many years, highlighting a shift in market dynamics.At the end of this fiscal year, ...
Earlier this month, before the annual Intergeo conference held in Germany, Topcon Positioning Systems announced the latest member of its robot total station series. This California based company launched the LN-50 3D laser in early October, marking their latest layout navigator, which has a range of 50 meters.They pointed out that this latest scanner is specifically designed for homebuilders, mech...
Recently, IPG Photonics, a leading company in the global fiber laser field, announced the official opening of its new office and central technology center in Japan, marking a solid step in the technology giant's strategic deployment in the Asia Pacific region.The opening of this new office not only demonstrates IPG Photonics' high regard for Japan and the entire Asia Pacific market, but also indic...