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Recently, Teledyne Technologies announced that it has reached an agreement to acquire a portion of Excelitas Technologies' aerospace and defense electronics business for $710 million in cash.This acquisition includes the optical systems business under the Qioptiq brand headquartered in North Wales, UK, as well as the Advanced Electronic Systems (AES) business headquartered in the United States.It ...
Longview Fusion Energy Systems and Fluor have taken another step towards commercialization of laser fusion power plants.According to the memorandum of understanding signed by the two companies, Fulu will design the factory for Longview Fusion Energy Systems. The two companies collaborated and signed a memorandum of understanding in 2023 to leverage Fulu's experience in developing and constructing ...
Recently, the research team of the Aerospace Laser Technology and System Department of the Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences, reported for the first time a low repetition frequency full polarization maintaining 9-shaped cavity fiber laser at 915 nm. The relevant research results were published in Optics Express under the title "Low repetition rate 915 nm ...
Cobot Systems announced that it has now become a UR+partner and showcased laser welding unit systems. This honor marks an important milestone in the company's journey of providing widely available automated labor solutions. This approval highlights Cobot Systems' commitment to providing innovative solutions compatible with UoRobot (UR) products, ensuring seamless collaboration with integrated lase...
Recently, nLIGHT, a manufacturer of high-power semiconductors and fiber lasers, announced its financial performance for the second quarter of 2024.According to the financial report, nLIGHT achieved a revenue of $50.5 million in the second quarter of 2024, a year-on-year decrease of 5.2% and an increase of 13% compared to the first quarter; The GAAP net loss for the second quarter was $11.7 million...