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Last month, Manz AG officially announced that the company is about to undergo bankruptcy restructuring. The board of directors of the company believes that due to insufficient liquidity and excessive debt, Manz AG intends to apply for bankruptcy proceedings in accordance with bankruptcy laws. The application is expected to be submitted in the next few days. Manz AG is headquartered in Reutlingen...
Recently, EO Technologies, a well-known semiconductor laser processing equipment manufacturer in South Korea, is emerging in the glass substrate processing market.It is understood that EO Technologies is entering the glass substrate TGV market based on its UV laser drilling equipment originally used in PCB substrate technology. TGV technology is the core process for drilling holes inside glass sub...
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...
Recently, Emerson, the global leader in industrial automation, launched the all-new Branson ™ The GLX-1 laser welding machine, with its outstanding flexibility and innovative technology, accurately meets the urgent market demand for connecting small, complex or delicate plastic components. Its compact volume and modular design make it easy to integrate into the ISO-8 cleanroom environment, while t...
PsiQuantum, the Palo Alto startup at the forefront of photonics-based quantum computer development, says it will break ground on two manufacturing sites after closing a series E venture round that raised $1 billion.The new funding, led by private equity giant Blackrock and featuring several others including Nvidia’s venture capital wing, will enable the firm to build quantum computing sites in Bri...