IPG Photonics

Laser Cleaning Market Projected To Exceed $800 Million By 2030

Retrieved on: 
Thursday, October 13, 2022

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.

Catherine P. Lego to Retire from Lam Research's Board of Directors

Retrieved on: 
Monday, September 19, 2022

FREMONT, Calif., Sept. 19, 2022 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced the retirement of Catherine P. Lego, effective November 7, 2022, from its board of directors.

Key Points: 
  • FREMONT, Calif., Sept. 19, 2022 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced the retirement of Catherine P. Lego, effective November 7, 2022, from its board of directors.
  • Previously, she was on the board of directors of Cypress Semiconductor Corporation, Fairchild Semiconductor, IPG Photonics, JDS Uniphase, SanDisk Corporation and others.
  • Lego founded and led Lego Ventures LLC, a consulting services firm for early-stage electronics companies, from 1992 until 2018.
  • Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry.

Lumentum Acquires IPG Photonics' Telecom Transmission Product Lines

Retrieved on: 
Monday, August 15, 2022

SAN JOSE, Calif., Aug. 15, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) (" Lumentum ") today announced that it has acquired IPG Photonics' (NASDAQ: IPGP) telecom transmission product lines in an all-cash transaction.

Key Points: 
  • SAN JOSE, Calif., Aug. 15, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) (" Lumentum ") today announced that it has acquired IPG Photonics' (NASDAQ: IPGP) telecom transmission product lines in an all-cash transaction.
  • "I am very excited to add such highly complementary and differentiated transceiver product lines and ASIC capabilities, which help to expand our addressable market and augment our technology capabilities," said Dr. Beck Mason, SVP and General Manager, Telecom Transmission at Lumentum.
  • Lumentum optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network.
  • Lumentum undertakes no obligation to update the information contained in this communication or any other forward-looking statement.

SPIE is now accepting applications for its 2023 Prism Awards competition which honors innovative photonics products

Retrieved on: 
Tuesday, July 26, 2022

The SPIE Prism Awards , which will celebrate their 15th anniversary in 2023 at SPIE Photonics West , are open for applications now through 15 September 2022.

Key Points: 
  • The SPIE Prism Awards , which will celebrate their 15th anniversary in 2023 at SPIE Photonics West , are open for applications now through 15 September 2022.
  • (Photo: Business Wire)
    While semi-finalists will be announced online in November, the awards ceremony itself will be part of an elegant gala event on 1 February 2023, during SPIE Photonics West.
  • "The SPIE Prism Awards ceremony is one of the coolest events on the SPIE calendar, said SPIE CEO Kent Rochford.
  • Any photonics or photonics-enabled products launched between 2022 SPIE Photonics West (22-27 January) through September 2022 are eligible.

United States Military Laser Designator Markets, 2022-2027: Technical and Operational Issues Restraining Growth

Retrieved on: 
Monday, July 18, 2022

The US Military Laser Designator Market is estimated to be USD 18.01 Bn in 2022 and is projected to reach USD 26.84 Bn by 2027, growing at a CAGR of 8.31%.

Key Points: 
  • The US Military Laser Designator Market is estimated to be USD 18.01 Bn in 2022 and is projected to reach USD 26.84 Bn by 2027, growing at a CAGR of 8.31%.
  • Market dynamics are forces that impact the prices and behaviors of the US Military Laser Designator Market stakeholders.
  • The report presents a detailed Ansoff matrix analysis for the US Military Laser Designator Market.
  • Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

United States Military Laser Designator Market Research Report 2022 with Competitor Analysis of Boston Electronics, Ekspla, Fianium, Genia Photonics, Hamamatsu Photonics, IMRA America, IPG Photonics - ResearchAndMarkets.com

Retrieved on: 
Friday, July 15, 2022

The "US Military Laser Designator Market (2022-2027) by Type, End-User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "US Military Laser Designator Market (2022-2027) by Type, End-User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
  • Market dynamics are forces that impact the prices and behaviors of the US Military Laser Designator Market stakeholders.
  • Some of the companies covered in this report are Boston Electronics, Ekspla, Fianium , Genia Photonics, Hamamatsu Photonics, IMRA America, IPG Photonics, etc.
  • The report presents a detailed Ansoff matrix analysis for the US Military Laser Designator Market.

VulcanForms Announces Capital Raise of $355 Million and Pioneers Industrial-Scale Digital Manufacturing Infrastructure

Retrieved on: 
Tuesday, July 5, 2022

VulcanForms , a MIT-born company that builds and operates advanced digital manufacturing infrastructure, announced today it has raised $355 million and is valued at over $1 billion.

Key Points: 
  • VulcanForms , a MIT-born company that builds and operates advanced digital manufacturing infrastructure, announced today it has raised $355 million and is valued at over $1 billion.
  • VulcanForms investors include Eclipse Ventures, Stata Venture Partners, Fontinalis Partners, D1 Capital Partners, Standard Investments, Atlas Innovate, Boston Seed Capital, Industry Ventures, and the Simkins Family.
  • Merging these technologies with a digital thread, VulcanForms offers groundbreaking, U.S.-based digital manufacturing infrastructure to its customers.
  • VulcanForms has built the physical infrastructure and digital workflows to deliver this full-stack manufacturing solution at unprecedented speed, precision, quality, and scale.

Outlook on the Mid-infrared Lasers Global Market to 2027 - Increasing Demand for Mid-Infrared Lasers in Aerospace & Defense Industries Presents Opportunities

Retrieved on: 
Wednesday, June 1, 2022

The Global Mid-infrared Lasers Market is estimated to be USD 978.9 Mn in 2022 and is projected to reach USD 1764.01 Mn by 2027, growing at a CAGR of 12.5%.

Key Points: 
  • The Global Mid-infrared Lasers Market is estimated to be USD 978.9 Mn in 2022 and is projected to reach USD 1764.01 Mn by 2027, growing at a CAGR of 12.5%.
  • Market dynamics are forces that impact the prices and behaviors of the Global Mid-infrared Lasers Market stakeholders.
  • The report presents a detailed Ansoff matrix analysis for the Global Mid-infrared Lasers Market.
  • The analyst analyses the Global Mid-infrared Lasers Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

The Worldwide Mid-infrared Lasers Industry is Projected to Reach $1.7 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 31, 2022

The Global Mid-infrared Lasers Market is estimated to be USD 978.9 Mn in 2022 and is projected to reach USD 1764.01 Mn by 2027, growing at a CAGR of 12.5%.

Key Points: 
  • The Global Mid-infrared Lasers Market is estimated to be USD 978.9 Mn in 2022 and is projected to reach USD 1764.01 Mn by 2027, growing at a CAGR of 12.5%.
  • Market dynamics are forces that impact the prices and behaviors of the Global Mid-infrared Lasers Market stakeholders.
  • Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.
  • By Type, the market is classified into Non-Linear Lasers, Free-Election Lasers, Solid-State Lasers, Semiconductor Lasers, and Co2 Lasers.

IPG Photonics Announces First Quarter 2022 Financial Results

Retrieved on: 
Tuesday, May 3, 2022

OXFORD, Mass., May 03, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2022.

Key Points: 
  • Increased laser welding adoption, primarily in electric vehicle manufacturing, drove record welding revenue for IPG this quarter," said Dr. Eugene Scherbakov, IPG Photonics' Chief Executive Officer.
  • First quarter revenue of $370 million increased 7% year over year.
  • During the first quarter, IPG generated $16 million in cash from operations.
  • For the second quarter of 2022, IPG expects revenue of $355 to $385 million.