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The foundation of offshore wind turbines, port protection systems, steel sheet piles, river barriers, water gates, and even pipelines can all be directly processed in water. Another application area is the dismantling of abandoned nuclear reactors, in which case laser technology can gently dismantle steel structures underwater while minimizing the dissolution of radioactive materials.The ocean, wh...
On August 6th local time, Luminar, a leading publicly traded company in the field of LiDAR, announced a $422 million debt restructuring and raised $100 million in new capital. This measure marks Luminar taking solid steps in optimizing its capital structure and enhancing its financial stability.In early May this year, this laser radar manufacturer released an open letter disclosing a major strateg...
International laser giant Coherent's Q4 2024 sales exceeded expectations, reaching a historic high!Recently, Coherent released its highest quarterly sales data in history, mainly due to the demand for optical transceivers in artificial intelligence data center applications. For the three months ending December 31, the company's revenue was $1.43 billion, a year-on-year increase of 27% and a 6% inc...
Recently, laser giant Coherent (COHR) released an announcement.Coherent Corporation announced that President Walter R. Bashaw II will resign on September 6, 2024, due to a company restructuring that resulted in the cancellation of his position.His resignation is classified as a 'Good Reason' termination, which ensures that he will receive full severance compensation in accordance with existing com...
When researchers at the Max Planck Institute of Medicine conducted their first ultrafast X-ray crystallographic experiment on myoglobin in 2015, they were not aware that they had conducted the wrong experiment. By increasing the power of X-ray free electron lasers to ensure usable diffraction patterns, lead researcher Ilme Schlichting said that they "suddenly entered the wrong [excited] state with...