IPG Photonics

NIRI Boston Elects Board of Directors for the 2023-2024 Programming Year

Retrieved on: 
Thursday, September 7, 2023
Communications, Professional Services, Public Relations, Investor Relations, Finance, BioNTech, Associate Director of National Intelligence and Chief Information Officer, Business development, Music, External, Treasury Select Committee, IPG Photonics, Communication, Corporation, Celebrity board director, National Investor Relations Institute, Therapy, Levelling Up, Housing and Communities Committee, Property management, Management

The Boston Chapter of the National Investor Relations Institute ( NIRI Boston ) today announced its Board of Directors for the 2023-2024 programming year.

Key Points: 
  • The Boston Chapter of the National Investor Relations Institute ( NIRI Boston ) today announced its Board of Directors for the 2023-2024 programming year.
  • “The NIRI Boston chapter provides exceptional programming to our community,” said NIRI Boston President Scott Lanciloti.
  • “I wanted to thank our outgoing Board members and our current Board members for their service.
  • It’s the perfect opportunity to unwind, connect with fellow professionals, and enjoy some live entertainment from Boston local band Hurry Sundown .

Applications Open for the 2024 SPIE Prism Awards, Which Recognize the Photonics Industry’s Most Innovative Products

Retrieved on: 
Tuesday, August 1, 2023
Software, Mobile, Wireless, Networks, Internet, Hardware, Electronic Design Automation, Data Management, Technology, Semiconductor, Security, Nanotechnology, Other Technology, Telecommunications, General Electric, EDI, SPIE, IPG Photonics, Workplace, Multimedia, Edmund Scientific Corporation, Entertainment Industries Council, Laser, Work, Green, Environment, AR, Microscope, Leica

Applications are now open for the 2024 SPIE Prism Awards , an event which will celebrate its 16th anniversary on 31 January, during a gala evening at SPIE Photonics West .

Key Points: 
  • Applications are now open for the 2024 SPIE Prism Awards , an event which will celebrate its 16th anniversary on 31 January, during a gala evening at SPIE Photonics West .
  • The awards, held annually by SPIE, the international society for optics and photonics , recognize and honor the most innovative products on the market across the wide range of optics and photonics applications.
  • View the full release here: https://www.businesswire.com/news/home/20230801922368/en/
    Applications are open for the 2024 SPIE Prism Awards.
  • “The SPIE Prism Awards always offer an exciting showcase of the most innovative photonics technologies on the market,” said SPIE CEO Kent Rochford.

IPG Photonics Announces Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 1, 2023
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MARLBOROUGH, Mass., Aug. 01, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Second quarter revenue of $340 million decreased 10% year over year.
  • During the second quarter, IPG generated $67 million in cash from operations and spent $26 million on capital expenditures.
  • “Second quarter book-to-bill was below one as increased economic uncertainty negatively impacted customer orders in our key geographies.
  • For the third quarter of 2023, IPG expects revenue of $300 million to $330 million.

IPG Photonics Announces First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 2, 2023
CW, IPG, Capital expenditure, EV, Share repurchase, Harbor, IPG Photonics, Policy, COVID-19, Laser, Investment, Vehicle registration plates of Nepal, Growth, EPS, News, Welding, Renewable energy, Video game

MARLBOROUGH, Mass., May 02, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • During the first quarter, IPG generated $37 million in cash from operations.
  • Bookings improved sequentially from the fourth quarter lows, but we continue to see soft industrial demand across many regions.
  • For the second quarter of 2023, IPG expects revenue of $325 million to $355 million.
  • The Company will hold a conference call today, May 2, 2023 at 10:00 am ET.

NUBURU Receives Patents for Blue Laser Welding and Multi-kilowatt Blue Lasers

Retrieved on: 
Friday, April 21, 2023
Machine Tools, Metalworking & Metallurgy, Engineering, Automotive Manufacturing, Manufacturing, Other Manufacturing, Machinery, Steel, Patent, Blue laser, Intellectual property, Metal, Aluminium, IPG Photonics, 3D, European Patent Office, Multimedia, COHR, Stainless steel, IPGP, Invention, EPO, Laser, European Patent Convention, Copper, SAM, Alloy, NYSE, Welding, 3D printing, Coherence

NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that it has received additional patents that expand its intellectual property portfolio, broadly covering blue lasers for use in welding and other applications.

Key Points: 
  • NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that it has received additional patents that expand its intellectual property portfolio, broadly covering blue lasers for use in welding and other applications.
  • View the full release here: https://www.businesswire.com/news/home/20230421005089/en/
    Compares welding using NUBURU’s base laser in the three different applications with welding performed using existing alternative methods.
  • (Graphic: Business Wire)
    “These new patents expand our broad patent estate around blue lasers, particularly for welding copper and other metals,” said Dr. Mark Zediker, CEO and Co-Founder of NUBURU.
  • “These patents also cover technologies like multi-kilowatt class blue lasers that have significant advantages compared to infrared lasers available from industry incumbents.”
    NUBURU believes that its intellectual property provides strong protection to NUBURU’s blue laser technology and processes.

IPG Photonics Announces Fourth Quarter 2022 Financial Results

Retrieved on: 
Tuesday, February 14, 2023
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MARLBOROUGH, Mass., Feb. 14, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP) today reported financial results for the fourth quarter ended December 31, 2022.

Key Points: 
  • In light of the impact of sanctions on our Russian operations, we initiated a review and incurred various charges that significantly impacted reported operating results in the fourth quarter."
  • Fourth quarter revenue of $334 million decreased 8% year over year, including $25 million from foreign currency translation which reduced revenue growth by approximately 7% due to the strong U.S. dollar.
  • During the fourth quarter, IPG generated $42 million in cash from operations.
  • Capital expenditures were $26 million and IPG returned $117 million to stockholders via share repurchases in the quarter.

IPG Photonics Launches Three High-Power Deep Ultraviolet Lasers for Micromachining

Retrieved on: 
Monday, January 30, 2023
Diamond, Photonics, Electronics, Ultraviolet, Uptime, Laser, IPG, IPG Photonics, SVP, Light-emitting diode, Polychlorinated biphenyl, Deep, Glass, FBG, 3D printing, Medical imaging, Printed circuit board

OXFORD, Mass., Jan. 30, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in fiber laser technology, today announced the launch of three deep ultraviolet (Deep UV) lasers with its proprietary non-linear crystals providing more robust and flexible solutions over lasers using conventional frequency conversion materials.

Key Points: 
  • OXFORD, Mass., Jan. 30, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in fiber laser technology, today announced the launch of three deep ultraviolet (Deep UV) lasers with its proprietary non-linear crystals providing more robust and flexible solutions over lasers using conventional frequency conversion materials.
  • IPG combines world-class vertical manufacturing and continuous technological innovation to incorporate exceptional, proprietary non-linear crystal robustness into these lasers for unmatched reliability and product lifetimes.
  • The fiber-based architectures of IPG’s new Deep UV lasers provide an easy-to-integrate, compact, lightweight optical head tethered to the compact laser source.
  • “These lasers are further examples of IPG innovation that deliver new capabilities and flexibility for our customers to improve current processing techniques and enable new industry applications.”
    These new Deep UV lasers will be unveiled at Photonics West 2023 in San Francisco in the IPG Booth #327.

IPG Photonics Launches Six High-Power Diode Laser Solutions Targeted at Industrial Heating and Drying

Retrieved on: 
Monday, January 30, 2023
Photonics, Convection, Laser, IPG, IPG Photonics, SVP, DLS, Heat, Paint, Temperature, Printed circuit board, Laser construction

OXFORD, Mass., Jan. 30, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in fiber laser technology, today announced the launch of six high efficiency diode laser solutions providing numerous advantages over thermal ovens in industrial heating and drying applications.

Key Points: 
  • OXFORD, Mass., Jan. 30, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in fiber laser technology, today announced the launch of six high efficiency diode laser solutions providing numerous advantages over thermal ovens in industrial heating and drying applications.
  • Six new Diode Laser Solutions (DLS-ECO) from IPG Photonics were designed to replace less efficient infrared bulbs and environmentally unfriendly gas-fired furnaces for industrial heating and drying applications.
  • These new diode laser sources range in output power from 3.5 to 40 kW with industry-leading wall plug energy efficiencies of over 52%.
  • They join IPG’s well-established YLS-ECO series of lasers which incorporate the most reliable laser diodes from IPG operating at the highest efficiencies.

Enovix Announces Advancements to Its Laser Technology Program and Bolsters Team

Retrieved on: 
Tuesday, November 1, 2022
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Leveraging both industry gains in laser power, as well as proprietary advances in electrode processing techniques, over the last 15 months, Enovix has demonstrated a severalfold improvement in laser throughput in high volume production.

Key Points: 
  • Leveraging both industry gains in laser power, as well as proprietary advances in electrode processing techniques, over the last 15 months, Enovix has demonstrated a severalfold improvement in laser throughput in high volume production.
  • The goals of the collaboration agreement with IPG and Enovix are to enable Enovix growth model and promote the transition from mechanical cutting to laser processing in the industry at large.
  • The next-gen laser tooling equipment is intended to significantly advance Enovix efforts to scale.
  • We believe Enovix is a leader in this area and were excited to continue working with them to bring advanced laser innovation to the battery industry.

Laser Cleaning Market Projected To Exceed $800 Million By 2030

Retrieved on: 
Thursday, October 13, 2022
IPG, Efficiency, IPG Photonics, NASDAQ, Securities Act of 1933, Plant, Environment, Designated activity company, Adoption, News, NEWS, Evolutionary Air and Space Global Laser Engagement, Pulse, Private Securities Litigation Reform Act, Company, Industry, AXT, Rubber industry in Malaysia, Foot, Laser & Photonics Reviews, Review, ANY, PALM, Carbon, Research, Security (finance), Annual report, Technology, Form 10-K, First, LPC, NEVER, Securities Exchange Act of 1934, U.S. Securities and Exchange Commission, Coca-Cola, Life, Investor, Welding, Event, Silicon, Laser, IPGP, Forward-looking statement, USD, FNM, Criticism of Coca-Cola, NOT, 3D printing, Management, Video game, Clean technology

The Global Laser Cleaning Market is being driven by several factors, including the rising adoption of laser cleaning technology, and increased use in the automotive industry, manufacturing plants, and factories.

Key Points: 
  • The Global Laser Cleaning Market is being driven by several factors, including the rising adoption of laser cleaning technology, and increased use in the automotive industry, manufacturing plants, and factories.
  • Laser cleaning is a process that uses laser radiation to remove waste or contaminants from a surface, such as carbon, silicon, and rubber.
  • A report from Verified Market Research projected that the Laser Cleaning Market size was valued at USD 587.18 Million in 2021 and is projected to reachUSD 803.28 Million by 2030, growing at aCAGR of 4.10% from 2022 to 2030.
  • The Verified Market Research report said: "(Laser Cleaning is) a method that's good for the environment.