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Longview Fusion Energy Systems and Fluor have taken another step towards commercialization of laser fusion power plants.According to the memorandum of understanding signed by the two companies, Fulu will design the factory for Longview Fusion Energy Systems. The two companies collaborated and signed a memorandum of understanding in 2023 to leverage Fulu's experience in developing and constructing ...
MetaOptics, a 2021 startup based in Singapore with expertise in metalenses and related optical components, is aiming to raise net proceeds of S$4 million (approximately US$3.1 million) by listing on the local “Catalist” stock exchange.Targeting emerging applications in smart phones, contactless 3D biometrics modules, tiny pocket projectors, lidar sensors, and augmented and virtual reality (AR/VR) ...
On February 11th, global industrial fiber laser giant IPG Photonics announced its financial performance for the fourth quarter and full year of 2024. Annual sales have fallen below the $1 billion mark for the first time, with a year-on-year decline of 24% and a pre tax loss of up to $162 million. As an industry leader, IPG's financial report not only reflects the deep adjustment faced by the ind...
Scientists at the City University of New York use tiny nitrogen defects in the atomic structure of diamonds as "color centers" to write data for storage. This technology is published in the journal Nature Nanotechnology and allows for encoding multiple bytes of data into the same nitrogen defect at multiple optical frequencies, without confusing the information content.The common laser based techn...
LuxQuanta, a company specializing in quantum network security, recently announced the successful completion of an 8 million euro Series A funding round. This round of financing is led by Big Sur Ventures, with A&G as the main investor providing support. New investors include GMV, Wayra, and EIC Fund, as well as existing investors Corning and GTD.The investment is bolstered by the soft financin...