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Category: Laser Technology

Laser Technology / Steel Industry

U.S. Steel invests $28M at Ecorse’s Great Lakes Works

ECORSE, Mich.–U. S. Steel announced it has accepted delivery of a new fiber-optic laser beam welder at its Great Lakes Works pickle line, a key component of a $28.3 million …

3D Printing / Auto Industry / Laser Technology

ASME invites members, guests to Trumpf Lasers in Automotive Symposium

PLYMOUTH—ASME Metro Detroit invites members and other interested persons to a Lasers in Automotive Symposium, to be put on Oct. 3 at the Plymouth Laser Technology Center of the Trumpf …

Autonomous Vehicles / Laser Technology

Rochester Hills firm in new partnership for autonomous vehicle LIDAR

ROCHESTER HILLS—Dataspeed Inc., an autonomous vehicle technology developer, announced a partnership with Cepton Technologies Inc., a San Jose, Calif.-based developer of  3D LiDAR (laser-based radar) systems for automotive, industrial, security, …

Earnings / Laser Technology

Laser Maker's Earnings, Sales Dip

PLYMOUTH — In what may be one of its last financial reports as an independent company, the industrial laser maker Rofin-Sinar Technologies Inc. (Nasdaq: RSTI) reported a slight dip in …

Acquisitions / Laser Technology

Plymouth Laser Maker's Shareholders Agree To Buyout

PLYMOUTH — The industrial laser maker Rofin-Sinar Technologies Inc. (Nasdaq: RSTI) said its shareholders have agreed to a $942 million buyout by Santa Clara, Calif.-based Coherent Inc. (Nasdaq: COHR). The …

Earnings / Laser Technology

Buyout Pummels Profits At Plymouth Laser Maker Rofin

PLYMOUTH — Rofin-Sinar Technologies Inc. (Nasdaq: RSTI) said its sales and net income tumbled in the second fiscal quarter ended March 31 due to expenses associated with the company’s recent …

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