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Recently, NUBURU, a supplier of high-power and high brightness industrial blue laser technology in the United States, announced that it has reached bridge loan agreements ("bridge loans" or "bridge financing") with existing and new institutional investors.The principal of this bridge financing is $5.5 million, aimed at providing funding for the company until it obtains long-term credit financing,...
At the UpakExpo 2024 exhibition to be held in Moscow at the end of January, Chinese company Golden Laser will showcase for the first time two laser die-cutting machines focused on the printing, labeling, and packaging markets in Russia.The Golden Laser LC350 is a web machine designed to handle labels printed on digital and flexographic printing machines. It can cut, die cut, and kiss cut paper, pl...
The University of Wolverhampton (UK), along with global 3D printing leaders EOS and AMCM, will collaborate to establish a new Centre of Excellence (AM) for Additive Manufacturing in the UK. This partnership will provide cutting-edge technology from EOS and AMCM, and focus on developing advanced materials and processes for high demand applications in industries such as aerospace, automotive, aerosp...
According to a recent report by Congic Business Intelligence, the global medical laser fiber market is expected to grow significantly at a compound annual growth rate of 6.9% from 2023 to 2030. This growth is attributed to the increasing popularity of minimally invasive surgery worldwide.The medical laser fiber market is expected to expand strongly, reaching $1.369 billion by 2030. The market is v...
Aluminum alloy has unique advantages such as lightweight, high strength, and excellent corrosion resistance, and is highly favored in the aerospace manufacturing field. Laser Coaxial Fusion Additive Manufacturing (LCWAM) adopts beam shaping technology, which uses wire as the deposition material to melt and stack layer by layer. Compared to traditional side axis wire feeding technology, laser coaxi...