TRUMPF fiscal year results. Lumibird increase sales and acquires. PsiQuantum and US Air Force on Quantum Photonics Computing.
Photonics Precision Technologies - Precision with Light (Business Edition 6)
This week in our business edition of Precision with Light newsletter we continue to share news or reports about earnings in some relevant companies in the important and exciting Photonics sector of high-tech businesses.
Today I am happy to share the earnings report of one German company somewhat dear to my heart, honestly. You see, this company was part of my journey when I was graduating in Engineering Physics in an industrial institution in my country of orign, Portugal. This institutition had at the time (2003) a TRUMPF’s industrial CO2 Laser for the cutting of plastics materials, but its portfolio of industrial lasers were at that time already set prepared for any significant laser material processing application or implementation demands by their global scale customer base. These days TRUMPF has a portfolio of advanced Laser and Photonics components and customized machines which has naturally increased in sophistication and diversity of business applications. Readers will know this well when they unlock the article I share here today, which gives us a good snap view of this German important Photonics business global company’s 2021/22 fiscal year earnings results. This is deserving of a feature treatment from this newsletter
Beyond this feature in this edition readers will further know about:
How French Photonics company Lumibird posts an increase of 10% in sales for the third quarter of 2022. Plus the details of its acquisition of Bordeaux-based packaging startup Innoptics.
Will know more about how quantum computing pioneer PsiQuantum and the United States Air Force will work together on advanced quantum photonics chips to enable industry-first breakthroughs. A fascinating reading from a company proving that integrated photonics and silicon photonics will have decisively roles to play in the development of the future of Quantum Computing, a computing paradigm promising to transform not just Computer Science, but economic paradigms for computing in general.
Keep reading with a 7-day free trial
Subscribe to Precision with Light to keep reading this post and get 7 days of free access to the full post archives.