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Recently, Marvel Fusion, which focuses on developing laser fusion energy systems, announced that the company has received an additional € 50 million in Series B funding. This latest investment is provided by EQT Venture Capital and Siemens Energy, and is also the first investment of the European Innovation Council (EIC) fund in fusion energy. In addition to the 63 million euros investment announce...
Recently, in Hanover, Maryland, telecommunications company Ciena reached an agreement with Nubis Communications to acquire it for $270 million. Nubis Communications focuses on high-performance, ultra compact, and low-power optoelectronic interconnect products designed to support artificial intelligence (AI) workloads. This transaction will expand Ciena's product portfolio and enhance its ability t...
The founder and principal of Puente Solutions Kyle J. Myers has been elected to serve as the 2026 Vice President of SPIE, the international society for optics and photonics. With her election, Myers joins the SPIE presidential chain. She will serve as president-elect in 2027, and as the Society’s president in 2028. Newly-elected: Myers, McNally, Rubinsztein-Dunlop, Wade, Medicus, and ErdmannTh...
IPG Photonics Corporation, a global leader in fiber laser technology, will highlight new and innovative laser solutions at the Battery Show from September 12 to 14, 2023 in Novi, Michigan, USA.The IPG booth will include industry-leading fiber laser sources and automated laser systems for electric vehicle battery welding applications.New laser technology pushes the limits of battery welding speedTo...
Recently, Marvel Fusion, a private German company dedicated to commercializing fusion energy through its own laser technology, announced that it has recently raised 62.8 million euros in Series B funding. This round of investors includes HV Capital, b2venture, Earlybird Venture Capital, Athos Venture, Primepulse, Plural Platform, and Deutsche Telekom. Meanwhile, Marvel Fusion has also received add...