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Sivers Optics, a subsidiary of Sivers Semiconductors, has signed a product development agreement with an undisclosed company.Starting from the initial contract worth $1.3 million, the prototype will be delivered in 2024, and it is expected that the agreement will grow rapidly in 2025 before transitioning to mass production. After entering full production, customers expect the annual chip productio...
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...
TriLite has announced a technical collaboration with ams OSRAM, a global leader in smart sensors and transmitters. Ams Osram will supply its sub-assembled RGB laser diode to "light up" TriLite's Trixel® 3 laser beam scanner (LBS), the world's smallest AR smart glasses projection display.The award-winning Trixel® 3 LBS offers breakthrough compactness and light weight, as well as a bright an...
On February 5, 2025, Innoviz Technologies, an Israeli laser radar listed company, announced operational optimization measures to extend the duration of the company's cash reserve usage and accelerate profitability and free cash flow generation. To maximize efficiency, the company will reduce investment in developing mature areas. These measures will result in a reduction of approximately 9% in the...
Recently, European laser technology leader Lumibird announced the signing of a major contract to provide laser rangefinders for airborne defense applications.The contract is worth approximately 20 million euros, adding to Lumibird's existing business in laser rangefinders. It covers the supply of over 100 laser rangefinders over a three-year period starting from the third quarter of 2024, as well ...