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On August 6th local time, Luminar, a leading publicly traded company in the field of LiDAR, announced a $422 million debt restructuring and raised $100 million in new capital. This measure marks Luminar taking solid steps in optimizing its capital structure and enhancing its financial stability.In early May this year, this laser radar manufacturer released an open letter disclosing a major strateg...
On January 13, 2025, Thorlabs announced the acquisition of long-term partner Praevium Research, a developer of high-speed tunable VCSEL. In the future, Praevium will continue to operate as a department of Thorlabs under the name Praevium Research at its existing locations in California, while retaining its current leadership.It is understood that Christopher Burgner will serve as the general man...
Recently, according to media reports, industrial laser giant Coherent has signed a "preliminary terms memorandum" with the US Department of Commerce, which will receive up to $33 million in investment under the Chip and Science Act.It is reported that the funds will mainly be used to support the modernization and expansion project of the cutting-edge manufacturing cleanroom in Coherent's existing ...
In the process of selecting electric vehicles, the effectiveness of the heating system is often overlooked. However, this system is crucial for providing a warm and comfortable driving environment and removing frost and fog from winter windows. More importantly, it can also improve battery efficiency, as the battery performs best within a specific temperature range.Unlike internal combustion engin...
Recently, DustPhotonics released a single chip 800G-DR8 silicon photonic chip for data center applications, which is an important milestone in practical photonics in data centers. The company claims that its single-chip solution provides high-performance and easy to implement solutions for system architects.DustPhotonics' 800G-DR8 photonic integrated circuit provides a single chip solution for fib...