chanelink logo
CHANELINK
English

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

1144
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

  • Generating dark and entangled states in optical cavities: unlocking new possibilities in quantum metrology

    Physicists have been working hard to improve the accuracy of atomic clocks, which are the most precise timing devices currently available. A promising way to achieve higher accuracy is to utilize spin squeezed states in clock atoms.Spin squeezed states are entangled quantum states in which particles work together to counteract their inherent quantum noise. These states provide incredible potential...

    2024-02-20
    See translation

  • Scientists have demonstrated a new way to make infrared light from quantum dots, and the experiments are still in the early stages

    Scientists at the University of Chicago have demonstrated a way to create infrared light using colloidal quantum dots. The researchers say this approach shows great promise; Although the experiment is still in its early stages, these quantum dots are already as efficient as existing conventional methods.These points could one day form the basis of infrared lasers, as well as small and inexpensive ...

    2023-09-08
    See translation

  • Scientists simulate the conditions that allow photons to collide with photons by using lasers

    As far as quantum physics is concerned, one of the most striking predictions is that matter can be produced entirely from light (i.e., photons). Pulsars are an example of an object capable of achieving this feat.In a recent study reported in the journal Physical Review Letters, a research team led by scientists at Osaka University simulated the conditions that allow photons to collide with photons...

    2023-08-11
    See translation

  • GZTECH Global Headquarters and Advanced Light Source R&D and Production Base Launch Construction

    On June 10th, the construction of GZTECH's global headquarters and advanced light source research and development production base was launched. Rendering of GZTECH Global Headquarters and Advanced Light Source R&D and Production Base The project is located in Donghu Comprehensive Bonded Zone, with a total construction area of approximately 40000 square meters. It will integrate GZTECH's i...

    06-13
    See translation

  • LPKF 2024 H1 revenue up 15% year-on-year

    Recently, LPKF Laser, a leading supplier of innovative laser solutions in Germany, released its performance report for the first half of the 2024 fiscal year as of June 30, demonstrating the company's steady performance and forward-looking layout in a complex market environment. According to the financial report, LPKF Laser&Electronics SE achieved significant growth in comprehensive revenue ...

    2024-07-31
    See translation