IPGP

EQS-News: As The Laser Industry Grows, Could This Company Cut A Clean Path To The Top?

Retrieved on: 
Sunday, November 27, 2022

As The Laser Industry Grows, Could This Company Cut A Clean Path To The Top?

Key Points: 
  • As The Laser Industry Grows, Could This Company Cut A Clean Path To The Top?
  • As industries change with the needs of the 21st century, innovative laser companies are looking to harness technological advancements to solve key industry problems.
  • Laser systems can be used for cutting metal, cleaning and conditioning metal, finishing surfaces, engraving, 3D printing, and more.
  • There are various companies - including several domestic companies - developing cutting-edge industrial laser products that have fresh applications and solutions in the market.

Enovix Announces Advancements to Its Laser Technology Program and Bolsters Team

Retrieved on: 
Tuesday, November 1, 2022

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.

Global Laser Cleaning Technology Market Booming as Industry Applications Expand

Retrieved on: 
Thursday, October 27, 2022

Laser cleaning refers to removing contaminants from surfaces by the use of laser ablation.

Key Points: 
  • Laser cleaning refers to removing contaminants from surfaces by the use of laser ablation.
  • The development of laser cleaning has been driven by the need for non-abrasive and safe cleaning that can replace the use of chemical solvents and mechanical abrasive systems.
  • A report from 360 Research said that: "The Global Laser Cleaning market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2029.
  • Laser Photonics Corporation (NASDAQ: LASE) BREAKING NEWS: Laser Photonics Announces First Sale of 3000 Watt Handheld Cleantech Laser System - First 3000 Watt Laser Cleaning System sold will be used in the mining industry - Laser Photonics Corporation ("LPC"), a leading global developer of Cleantech laser systems for laser cleaning and other material applications, today announced the first sale of the CleanTech 3000-CTH, the world's first industrial-grade 3000-watt laser cleaning system.

Global Laser Cleaning Technology Market Booming as Industry Applications Expand

Retrieved on: 
Thursday, October 27, 2022

Laser cleaning refers to removing contaminants from surfaces by the use of laser ablation.

Key Points: 
  • Laser cleaning refers to removing contaminants from surfaces by the use of laser ablation.
  • The development of laser cleaning has been driven by the need for non-abrasive and safe cleaning that can replace the use of chemical solvents and mechanical abrasive systems.
  • A report from 360 Research said that: "The Global Laser Cleaning market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2029.
  • Laser Photonics Corporation (NASDAQ: LASE) BREAKING NEWS: Laser Photonics Announces First Sale of 3000 Watt Handheld Cleantech Laser System - First 3000 Watt Laser Cleaning System sold will be used in the mining industry - Laser Photonics Corporation ("LPC"), a leading global developer of Cleantech laser systems for laser cleaning and other material applications, today announced the first sale of the CleanTech 3000-CTH, the world's first industrial-grade 3000-watt laser cleaning system.

IPG Photonics to Announce Third Quarter 2022 Financial Results on November 1

Retrieved on: 
Tuesday, October 18, 2022

OXFORD, Mass., Oct. 18, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its third quarter 2022 financial results before the market opens on Tuesday, November 1, 2022.

Key Points: 
  • OXFORD, Mass., Oct. 18, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its third quarter 2022 financial results before the market opens on Tuesday, November 1, 2022.
  • The company will hold a conference call to review these results at 10:00 a.m.
  • A live webcast of the call will also be available and archived in the investor relations section of the companys website at investor.ipgphotonics.com .
  • IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications.

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.

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.

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.

IPG Photonics to Announce Second Quarter 2022 Financial Results on August 2

Retrieved on: 
Tuesday, July 19, 2022

OXFORD, Mass., July 19, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its second quarter 2022 financial results before the market opens on Tuesday, August 2, 2022.

Key Points: 
  • OXFORD, Mass., July 19, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its second quarter 2022 financial results before the market opens on Tuesday, August 2, 2022.
  • The company will hold a conference call to review these results at 10:00 a.m.
  • A live webcast of the call will also be available and archived in the investor relations section of the companys website at investor.ipgphotonics.com .
  • IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications.

IPG Photonics to Announce First Quarter 2022 Financial Results on May 3

Retrieved on: 
Tuesday, April 19, 2022

OXFORD, Mass., April 19, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its first quarter 2022 financial results before the market opens on Tuesday, May 3, 2022.

Key Points: 
  • OXFORD, Mass., April 19, 2022 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will release its first quarter 2022 financial results before the market opens on Tuesday, May 3, 2022.
  • The company will hold a conference call to review these results at 10:00 a.m.
  • IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications.
  • A member of the S&P 500 Index, IPG is headquartered in Oxford, Massachusetts and has more than 30 facilities worldwide.