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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...
It is reported that Stratasys Ltd. (NASDAQ: SSYS) announced on February 2nd that it has received a $120 million investment from Fortissimo Capital, an Israeli private equity firm. This transaction directly purchases 11.65 million newly issued shares at a price of $10.30 per share, representing a premium of 10.6% compared to the company's closing price on January 31, 2025. As of press time, it has ...
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...
Marvin Panaco, a subsidiary of Spectris plc located in Egham, Surrey, UK, announced the launch of its new laser diffraction particle size measurement instrument Mastersizer 3000+. Mastersizer 3000+utilizes integrated artificial intelligence and data science driven software solutions, providing method development support, data quality feedback, instrument monitoring, and troubleshooting recommendat...
Paducah, located in western Kentucky, may become the location of the world's first commercial facility to adopt this technology.Since 2016, Global Laser Enrichment Company (GLE) has partnered with the US Department of Energy to use its unique molecular process to concentrate 200000 tons of depleted uranium "tails" stored at the former Padiuka gas diffusion plant in western Kentucky.After years of ...