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ABB Acquires Real Tech; Kopin Receives $20.5M Weapon Optics Contract: Week in Brief: 1/12/24

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ZÜRICH, Jan. 12, 2024 — ABB, a leader in electrification and automation technology, has entered into a definitive agreement to acquire the Canadian-based Real Tech, a supplier of optical sensor technology that enables real-time water monitoring and testing. Real Tech has more than 10,000 installed solutions in municipal water and wastewater, along with other industries, and will add to ABB’s presence in the water management segment. The transaction is expected to close in Q1 2024. The financial terms were not disclosed. WESTBOROUGH, Mass. — Kopin Corporation, a provider of micro-displays and optical...Read full article

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    Published: January 2024
    Glossary
    infrared
    Infrared (IR) refers to the region of the electromagnetic spectrum with wavelengths longer than those of visible light, but shorter than those of microwaves. The infrared spectrum spans wavelengths roughly between 700 nanometers (nm) and 1 millimeter (mm). It is divided into three main subcategories: Near-infrared (NIR): Wavelengths from approximately 700 nm to 1.4 micrometers (µm). Near-infrared light is often used in telecommunications, as well as in various imaging and sensing...
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