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PFG Precision Optics - Precision Optics 12/24 LB

Lasertel Received $5M in Parent Investment

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Custom laser diode developer Lasertel has received a $5 million capital investment from parent company Leonardo to increase manufacturing capacity and advance its efforts in developing high-power laser diodes. The investment, which includes $3.5 million in capital equipment, will increase manufacturing capacity for low size, weight, and power (SWaP) laser diode pump modules in support of high-volume directed-energy programs; advance VCSEL and edge-emitter brightness for lidar and material-processing applications; and accelerate development of advanced thermal management and laser diode...Read full article

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    Published: May 2018
    BusinessLasertelLeonardoinvestmentfundingLasersdefenseindustrialR&DAmericaslight speed

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