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Last month, Manz AG officially announced that the company is about to undergo bankruptcy restructuring. The board of directors of the company believes that due to insufficient liquidity and excessive debt, Manz AG intends to apply for bankruptcy proceedings in accordance with bankruptcy laws. The application is expected to be submitted in the next few days. Manz AG is headquartered in Reutlingen...
LuxQuanta, a company specializing in quantum network security, recently announced the successful completion of an 8 million euro Series A funding round. This round of financing is led by Big Sur Ventures, with A&G as the main investor providing support. New investors include GMV, Wayra, and EIC Fund, as well as existing investors Corning and GTD.The investment is bolstered by the soft financin...
Researchers from the Federal Institute of Technology in Zurich and an American startup used slow curing plastic to develop durable and sturdy robots using high-quality materials.The team can now print these complex robots at once and combine soft, elastic, and rigid materials together. This allows for the creation of precision structures and parts with cavities as needed.Inkbit, a derivative compa...
Dr. Tan Chaolin from the Singapore Institute of Manufacturing Technology, in collaboration with China University of Petroleum, Shanghai Jiao Tong University, Princeton University, University of Malta, Huazhong University of Science and Technology (Professor Zhang Haiou), University of California, Irvine, Hunan University, and EPM Consulting, published an article titled "Review on Field Assisted Me...
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, ...