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Brother Australia is a renowned printing manufacturer that has expanded its product portfolio by launching its latest innovative commercial machine series, the professional monochrome laser machine series. These extraordinary devices are designed to extend the lifespan of commercial printing cycles and improve productivity. Due to their sturdy components and durable consumables, these extraordinar...
Recently, Nuburu, a high-power industrial blue light laser company in the United States, announced that the company has agreed to a new financing arrangement worth up to $65 million.This agreement was reached between Nuburu and the Delaware hedge fund Liquous LP, which claims to provide a "customized liquidity solution". According to the terms of the agreement, Nuburu will first receive an initial...
Recently, Sivers Semiconductors, a leading supplier of integrated chips and photonics modules for communication and sensing solutions, announced a significant strategic initiative:It will divest its subsidiary Sivers Photonics Ltd, which has signed a non binding letter of intent (LOI) with byNordic Acquisition Corporation and plans to achieve independent listing through a merger. This move aims ...
On November 25th, Optimax, the largest precision optics manufacturer in the United States, announced the appointment of Joseph Spilman as CEO and Pete Kupinski as President. After developing a comprehensive succession plan, Optimax CEO Rick Plympton will retire along with President and Founder Mike Mandina.Mandina stepped down in 2021 and passed on the title of CEO to Spilman, strategically appo...
Recently, renowned precision optical technology manufacturer Gooch&Housego (G&H) announced the successful acquisition of Phoenix Optical Technologies, a precision optical manufacturer located in St. Asaf, Wales, UK. The acquisition transaction amounts to £ 6.75 million, which not only consolidates G&H's market position in the aerospace and defense sectors, but also significantly expa...