NLight has reported an almost 60 per cent year-over-year increase in Q2 industrial and microfabrication sales in China.

Mitsubishi Electric has announced the acquisition of ASTES4 SA, a Swiss developer of automated sorting solutions for sheet metal laser processing machines

The company’s laser solutions business unit achieved revenue of $428.0 million for the fiscal year ending 30 June 2018

Trumpf has acquired a full stake in Teufel Solutions, effective 1 August

Fibre laser manufacturer IPG Photonics’ second quarterly revenue has increased 12 per cent year-over-year to $413.6 million

GE Additive has launched a network of additive manufacturing production partners – called the Manufacturing Partner Network (MPN)

Laser manufacturer Trumpf’s sales rose by 15 per cent to €3.6 billion in the 2017/2018 fiscal year. Orders received by the group rose to €3.8 billion, an increase of around 13 per cent.

Lee Moakes has replaced Annette Doyle as managing director following her depature from Trumpf UK

Swiss sheet metalworking equipment manufacturer Bystronic has acquired a 70 per cent stake in Italian technology firm Antil Spa in order to expand its range of technologies

Fraunhofer has launched a new cluster of excellence across 12 of its institutes that over the next four years will develop a generation of ultrafast lasers with average powers ranging up to 20kW