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Billionaire Mike Cannon-Brookes' plan to export clean energy from Australia to Singapore via a 4,200km undersea cable has gained new momentum after taking control of the stalled project.Cannon-Brookes' Grok Ventures has completed its acquisition of SunCable from the government and is advancing talks with authorities in Singapore and Indonesia, the investment firm said on Thursday. The revised plan...
Recently, Haemantics Corporation, which focuses on providing innovative medical solutions with proprietary optical technology, announced that the company has reached a final agreement. According to the agreement, Haemonics will acquire all outstanding shares of Canadian fiber optic sensor manufacturer OpSens for CAD 2.90 per share.This is an all cash transaction with a fully diluted equity value o...
The carbon dioxide laser market will show significant elasticity and sustained growth in the next decade, with a compound annual growth rate of 3.6% expected from 2023 to 2033.This impressive prediction indicates the persistent demand and expanding application of carbon dioxide lasers in various industries.By the end of 2033, the market is expected to reach a significant valuation of $7.1 billion,...
Recently, Vector Photonics, a well-known surface coupled laser technology supplier in the UK, announced that the company has received £ 3 million in financing (including £ 1.667 million in equity investment and £ 1.27 million in additional research funding, equivalent to approximately RMB 27.63 million) to help commercialize its surface coupled laser technology.(Image source: Vector Photonics)Vect...
Fiber optic solution provider Eurotech announced the launch of a series of fiber optic rack mounting enclosures. The BestNet 19 inch top opening fiber optic interconnect unit is a fiber optic patch panel and cabinet, ideal for wiring, terminating, and managing fiber optic terminations, suitable for interconnect, cross connect, or splice applications in LAN environments. Modular fiber optic interco...