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On February 11th, global industrial fiber laser giant IPG Photonics announced its financial performance for the fourth quarter and full year of 2024. Annual sales have fallen below the $1 billion mark for the first time, with a year-on-year decline of 24% and a pre tax loss of up to $162 million. As an industry leader, IPG's financial report not only reflects the deep adjustment faced by the ind...
Recently, two leading UK scientific institutions, Diamond Light Source and National Physical Laboratory (NPL), have reached a new five-year agreement to promote joint collaborative efforts.The agreement was approved by signing a Memorandum of Understanding (MoU), which will bring these two institutions together.Diamond Light Source is a national synchrotron facility in the UK known for generating ...
On August 8, local time, Jalisco, Mexico welcomed the grand opening of Yangtze Optics Mexico Cable S.A. de C.V., marking the eighth overseas production base of Yangtze Optical Fiber & Cable Co. ("Yangtze Fiber Optics") has successfully set up its eighth overseas production base in its 36-year development history, further advancing its internationalization strategy blueprint. Today, we are pr...
Recently, the research team of Yang Shanglu from the Laser Intelligent Manufacturing Technology R&D Center of the Chinese Academy of Sciences Shanghai Institute of Optics and Precision Machinery has made new progress in laser welding of new structural materials for high-temperature molten salts. The research team used a high-power laser for the first time to achieve defect free welding of nick...
Recently, the supervisory board of Jenoptik, a leading German laser technology company, announced an important decision: to extend and confirm the term of Dr. Stefan Traeger as Chairman of the Executive Board, with a new term of three years starting from July 1, 2025, and the contract validity period correspondingly extended to June 30, 2028. Dr. Stefan Traeger has been serving as the President ...