Independent Financial Information Made Easy
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IPG Photonics announces ruling in unified patent court. Decision impacts certain AMB laser products sold in seven UPC contracting member states, including Germany, France and Italy. IPG disagrees with the decision and plans to file an appeal. IPG Photonics has unveiled a new line of high-power lasers based on a rack-integrated platform, designed to enhance manufacturing efficiency and reduce costs. The new lasers occupy 60% less floor space, allowing for more flexible factory layouts and minimizing total ownership costs. IPG Photonics receives order from lockheed martin for crossbow™ high-energy laser systems. Lockheed Martin Corporation orders CROSSBOW™ laser counter-UAS systems.
Open: 128.24 Close: 131.51 Change: 3.27
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