English

Ultra short pulse laser technology shines a sword, winning 3.5 million euros in financing

36
2024-04-26 16:23:07
See translation

Recently, Italian startup Lithium Lasers announced that the company has successfully raised 3.5 million euros in ultra short pulse laser technology.
This company, founded in 2019, focuses on developing an ultra short pulse laser (USPL) called FemtoFlash, which is aimed at multiple industries such as aerospace, healthcare, automotive, and consumer electronics, particularly suitable for material processing, biophotonics, and nonlinear optical applications.

FemtoFlash not only facilitates installation and significantly reduces setup costs, but also demonstrates unique advantages in application scenarios that require high-precision dimensions and stricter tolerances. In the aerospace field, this laser performs excellently in the manufacturing of micro components, especially when labeling carbon fiber reinforced polymer (CFRP) components, which have a wide range of applications in the aerospace field.

This financing is provided by Primo Space Fund for 1.5 million euros and jointly invested by 360 Capital for 2 million euros. This funding will help Lithium Lasers accelerate its industrialization and commercialization process, and plans to launch a new ultraviolet laser series in the coming years.
For this financing, Alessandro Greborio, CEO and co-founder of Lithium Lasers, stated, "With the financial and strategic support of Primo Space and 360 Capital Partners, we will accelerate the industrialization process of our products and further consolidate our position as a leading supplier of high-precision manufacturing component laser solutions in various industries."

Femtoflash is easy to install, reduces setup costs, and is particularly useful when dimensional accuracy and stricter tolerances are required. In the aerospace industry, lasers are highly effective in the manufacturing of micro components, especially for labeling carbon fiber reinforced polymer (CFRP) components, which are composite materials widely used in aerospace applications.

Primo Space Fund has committed 1.5 million euros, with 360 Capital jointly investing 2 million euros. Lithium Lasers will accelerate its industrialization and commercialization process and begin launching a new UV laser series in the coming years.

Alessandro Greborio, CEO and co-founder of Lithium Lasers, commented, "With the financial and strategic support of Primo Space and 360 Capital Partners, we will accelerate the industrialization of our products and consolidate our position as a leading supplier of high-precision manufacturing component laser solutions in various industries."

Meanwhile, Alessandro Zaccaria, partner of 360 Capital, also expressed recognition for Lithium Lasers: "360 Capital's deep involvement in the Lithium Lasers business fully demonstrates the company's significant achievements in precision manufacturing technology. We are always committed to promoting industrial progress and firmly believe that investing in such transformative solutions will lead future technological development."

Source: OFweek

Related Recommendations
  • Trumpf announces four personnel changes

    Recently, global laser giant Germany's Trumpf announced four personnel changes, namely Claudio Santopietro as the head of intelligent factory consulting and automation, Kevin Cuseo as the head of software sales, Julian Schorpp as the product manager for automatic bending products, and Adam Simons as the head of additive manufacturing for Trumpf North America.According to relevant information, Clau...

    2024-11-26
    See translation
  • Precision laser manufacturer Preco appoints Jacob Brunsberg as CEO

    Recently, Preco, a leading enterprise in precision laser material processing and laser equipment manufacturing solutions, officially announced a major personnel appointment: Jacob Brunsberg, an outstanding senior manufacturing and technology management expert, has been appointed as its CEO. Mr. Brunsberg is a renowned senior manager in the field of advanced manufacturing and technology, with man...

    2024-09-23
    See translation
  • 2D photoelectric neuron array can achieve broadband and low loss optical nonlinearity accessible to ambient light

    Light can calculate functions during propagation and interaction with structured materials, with fast speed and low energy consumption. The use of all optical neural networks for general computing requires an optical activation layer with nonlinear dependence on the input. However, existing optical nonlinear materials either have slow speeds or very weak nonlinearity at the level of natural light ...

    2024-03-20
    See translation
  • Lidar manufacturer RAYZ has completed a round A financing of nearly 100 million yuan

    Recently, RAYZ, a leading research and production company for high-performance LiDAR, announced the successful completion of the A-round financing. This round of financing was led by SMIC Juyuan, and well-known institutions such as Juntong Capital, Feitu Capital, Qiandao Investment, and Qiyu Chuangying also participated in this round of financing. The new round of financing will be used for the re...

    2023-10-20
    See translation
  • Redefining optical limits: Engineers discover enhanced nonlinear optical properties in 2D materials

    Recently, according to a paper published in Nature Communications titled "Phonoenhanced nonlinearities in hexagonal boron nitride," engineers from Columbia University collaborated with theoretical experts from the Max Planck Institute of Material Structure and Dynamics to discover that pairing lasers with lattice vibrations can improve the nonlinear optical properties of layered two-dimensional ma...

    2024-02-23
    See translation