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On February 3, 2025, Lumentum Holdings has appointed Michael Hurlston as its President, CEO, and Director, effective from February 7. Hurlston replaces Alan Lowe, who has been serving as the company's President and CEO since 2015. Lowe will continue to serve as a member of Lumentum's board of directors and as a consultant to the company.Lumentum is a major supplier of high-speed optical transceive...
Swiss mechanical engineering company Bystronic will acquire Coherent's Materials Processing Tools business unit and its Rofin laser brand in order to expand its business into the fields of medical devices, semiconductors, and general manufacturing. Bystronic is diversifying its business interests. As detailed in a company statement, the mechanical engineering company, which operates out of Zuric...
Figure: Researchers have created a chip based ring resonator that operates in the ultraviolet and visible light ranges and exhibits record low UV loss. The resonator (small circle in the middle) is displayed as blue light.Researchers have created chip based photonic resonators that can operate in the ultraviolet (UV) and visible regions of the spectrum and exhibit record low UV loss. The ne...
Recently, BluGlass, a leading global semiconductor development company, successfully completed its stock purchase plan (SPP) and raised $5.87 million in funds (excluding costs). This SPP provides eligible shareholders with the opportunity to subscribe to up to $100000 in new shares of BluGlass at a discounted price of $0.037 per share, along with free additional options. This initiative has gained...
The Light Detection and Ranging (LiDAR) market embodies the technology of remote sensing, surveying, and the use of laser pulses to measure distance and generate detailed three-dimensional models of objects, terrain, and environment.The LiDAR system emits a laser beam and measures the time required for the light to return to the surface, creating accurate and high-resolution digital representation...