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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...
According to the Physicists' Network, scientists from Lawrence Livermore National Laboratory (LLNL) in the United States ingeniously combined the high-power laser emitted by the National Ignition Facility (NIF) with the ultra light metal foam to create the brightest X-ray ever. These ultra bright high-energy X-rays play an important role in many research fields, including imaging of extremely dens...
Recently, Swiss company Bystronic disclosed its financial performance for the first half of 2024.The financial report shows that the market situation for the Swiss Super 100 in the first half of 2024 remains very tense. Customers in various end markets are unable to fully utilize their production capacity, and operations in all regions are relatively cautious.Despite Swiss supercar actively reduci...
Recently, Italian startup Lithium Lasers announced that the company has successfully raised 3.5 million euros in ultra short pulse laser technology.This company, founded in 2019, focuses on developing an ultra short pulse laser (USPL) called FemtoFlash, which is aimed at multiple industries such as aerospace, healthcare, automotive, and consumer electronics, particularly suitable for material proc...