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According to a recent report by Congic Business Intelligence, the global medical laser fiber market is expected to grow significantly at a compound annual growth rate of 6.9% from 2023 to 2030. This growth is attributed to the increasing popularity of minimally invasive surgery worldwide.The medical laser fiber market is expected to expand strongly, reaching $1.369 billion by 2030. The market is v...
After receiving a $14.9 million contract from the US Department of Defense (DOD) last month to study the pulse laser effect, the University of Rochester recently received nearly $18 million in funding from the National Science Foundation (NSF) for the key technology design and prototype of the EP-OPAL, also known as the OMEGA EP coupled optical parametric amplifier line (OPAL).EP-OPAL is a new fac...
Recently, Laser Photonics (LPC) officially launched its SaberTech laser cutting system. This system not only enriches the product line of LPC's laser cleaning, welding, marking, and engraving systems, but also marks another important breakthrough for the company in the field of laser technology. This product release is another heavyweight measure after LPC's latest generation laser cleaning system...
Shenzhen Lianming Power Supply Co., Ltd. (hereinafter referred to as "Lianming Power") announced the completion of a B-round financing of tens of millions of yuan in the near future. The fund managed by Jiangsu Jiuyu Investment Management Co., Ltd. completed the A-round investment in Lianming Power in December 2021. Recently, Jiuyu Investment, as an old shareholder, continued to increase its inves...
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...