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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, ...
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...
In order to maintain relevance and success, companies with a long history must respect their past while not ignoring the future. This is the method adopted by Cincinnati Corporation (CI), a metal processing machinery manufacturer based in Harrison, Ohio, since its establishment in the late 1890s.The company is carefully considering technological changes. Incorrect selection of control hardware, ne...
Aalyria is establishing a laser link mesh network to quickly transmit data on land, in the air, in the ocean, and in space. The maritime part of the plan is about to be pushed forward.Recently, this DC based laser communication network company announced the signing of a memorandum of understanding with HICO Investment Group, which focuses on investing in shipping and logistics companies. According...
At the UpakExpo 2024 exhibition to be held in Moscow at the end of January, Chinese company Golden Laser will showcase for the first time two laser die-cutting machines focused on the printing, labeling, and packaging markets in Russia.The Golden Laser LC350 is a web machine designed to handle labels printed on digital and flexographic printing machines. It can cut, die cut, and kiss cut paper, pl...