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Rocket Lab USA continues its path of vertical integration and has signed an exclusive but non binding agreement with MynaricAG, a German laser communication terminal (LCT) supplier and Rocket Lab supplier, to acquire the company for $75 million in cash or stock.If Mynaric achieves its revenue target, it will pay an additional revenue of up to $75 million. This acquisition depends on whether Myna...
In order to completely change the world of laser engraving, Swiitol has launched the E24 Pro, a 24W integrated laser engraving machine with cutting-edge features and functions. The Swiitol E24 Pro showcases an innovative integrated structure laser engraving machine made of durable aluminum alloy. It is worth noting that the device can be used out of the box without installation, providing users wi...
On March 14, 2000, Trumpf established its first company in China - Trumpf Metal Sheet Products Co., Ltd., headquartered in Taicang, 50 kilometers northwest of Shanghai. Nowadays, Taicang has become a global strategic stronghold for the company. 25 years ago, this production base was originally used to demonstrate sheet metal processing production for Chinese enterprises. In the seventh year afte...
On June 24-27, 2025, the global optoelectronic event Laser World of Photonics 2025 was grandly opened in Munich, Germany. This exhibition brings together over 1350 companies from 43 countries, making it the largest in history. Among them, international laser giants Coherent, IPG, TRUMPF, and MKS showcased their latest breakthroughs and future directions in laser technology with multiple heavyweigh...
According to a latest overseas market research report, it is expected that the global industrial laser system market size will reach approximately 32.2 billion US dollars by 2028, with a compound annual growth rate of 8.3% from 2023 to 2028.The future prospects of the global industrial laser system market are broad, with opportunities in numerous fields such as semiconductors and electronics, auto...