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Hanbit Laser, a South Korean laser equipment manufacturer, has recently completed an important step in its strategic layout for the Southeast Asian market. Recently, the company officially opened a laser application center in Hanoi, Vietnam, and entered the local mid to low price equipment market by integrating laser technology and automation solutions. This is a substantial progress in implementi...
According to the University of Cambridge, researchers have developed a new method for 3D printing metal, which can help reduce costs and more effectively utilize resources. This method, developed by a research team led by the University of Cambridge, allows structural modifications to be "programmed" into metal alloys during 3D printing - fine-tuning their performance without the need for thousand...
Recently, NUBURU, a supplier of high-power and high brightness industrial blue laser technology in the United States, announced that it has reached bridge loan agreements ("bridge loans" or "bridge financing") with existing and new institutional investors.The principal of this bridge financing is $5.5 million, aimed at providing funding for the company until it obtains long-term credit financing,...
Recently, nLIGHT launched a new series of ProcessGUARD fiber lasers, which innovatively integrates process monitoring systems with fiber lasers and is committed to providing quality "protection" for applications such as cutting, welding, and additive manufacturing.New ConceptThe nLIGHT ProcessGUARD series fiber laser integrates a photodiode based plasma process monitoring system into the nLIGHT Co...
Last month, Manz AG officially announced that the company is about to undergo bankruptcy restructuring. The board of directors of the company believes that due to insufficient liquidity and excessive debt, Manz AG intends to apply for bankruptcy proceedings in accordance with bankruptcy laws. The application is expected to be submitted in the next few days. Manz AG is headquartered in Reutlingen...