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Recently, WEC Group, a leading engineering and manufacturing company in the UK, announced that it has completed the acquisition of Laser Profiles Ltd, a precision laser cutting leader in Bournemouth. For over 40 years, WEC Group has been providing manufacturing, laser cutting, precision machining, waterjet cutting, powder coating, and CCTV installation solutions.The company stated that the acqui...
Ultra short pulse lasers, such as femtosecond lasers, are increasingly becoming easy-to-use plug and play devices suitable for a wide range of industrial and biomedical applications. Fifteen years ago, the volume of these lasers was still very large, requiring daily cleaning of optical components, regular maintenance of cooling water, and continuous optimization of laser parameters. Nowada...
Recently, DIT, a well-known semiconductor and display equipment manufacturer in South Korea, announced that the company has signed an agreement worth 20.52 billion Korean won to supply wafer processing equipment to SK Hynix. After the announcement, DIT's stock price rose for five consecutive days, entering the 16000 Korean won range. Then on the 22nd, it rose 2580 Korean won from the previous day'...
Tesat Spacecom's laser communication terminal announced on October 26th that the company has passed critical ground testing deployed on NASA satellites.Tesat's SCOTT80 optical terminal was selected by Lockheed Martin, one of several manufacturers producing satellites for the Space Development Agency.SDA is an agency under the United States Space Force that plans to deploy a network of interconnect...
On July 29, 2024, Cepton, a provider of high-performance LiDAR solutions, announced the signing of the final agreement for its acquisition, making it the acquiring company's subsidiary in the United States.Image source: CeptonAccording to the agreement, the acquirer is the internationally renowned automotive lighting giant KOITO, which was established in 1915 and has a history of over a hundred ye...