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ams OSRAM Receives €300M, Details Refinancing Plan

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Austria-based ams OSRAM will receive more than €300 million ($317.3 million) in funding over the next five years from Germany’s Federal Ministry for Economic Affairs and Climate Action and the Free State of Bavaria. The Important Project of Common European Interest (IPCEI) funding will support the company in making its own investments in the R&D of innovative optoelectronic components at its Regensburg location, which is home to ams OSRAM's Osram Opto Semiconductors GmbH. The company said that its main investment beyond activities supporting R&D pursuits will target...Read full article

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    Published: September 2023
    Glossary
    optoelectronics
    Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...
    lidar
    Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
    BusinessfundingsemiconductorsoptoelectronicsWafersOpticsLight SourcesLEDslidarLasersams OsramEuropeIndustry News

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