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Recently, according to media reports, industrial laser giant Coherent has signed a "preliminary terms memorandum" with the US Department of Commerce, which will receive up to $33 million in investment under the Chip and Science Act.It is reported that the funds will mainly be used to support the modernization and expansion project of the cutting-edge manufacturing cleanroom in Coherent's existing ...
Recently, TroGroup, a family owned laser giant operating globally in Austria, announced a major strategic move - the successful acquisition of Luxinar Ltd., a leading laser source manufacturer based in Hull, UK. This move marks a new level of TroGroup's technological leadership in the field of laser sources.Through this acquisition, Luxinar, with its approximately 200 elite team and over 25 years ...
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...
CinIonic announced the launch of a new cinema screen specifically designed for laser auditoriums. CinIonic Laser Screen 2.4 amplifies the power of laser projection by optimizing efficiency and enhancing screen presentation. This new screen is aimed at becoming the ideal companion for CinIonic Laser and is the first screen product in the CinIonic All Laser Solution portfolio.The CinIonic laser scre...
The US Department of Energy recently allocated $42 million to support the development of laser fusion technology and designated three new research and innovation centers. This strategic investment aims to promote laser based nuclear fusion to play an important role as a clean and sustainable energy source in the future. Trumpf is one of the main participants known for its laser expertise and activ...