With funding injection, Powerlase foresees optimistic 2009

Facebook
Twitter
LinkedIn
Reddit
Email

Powerlase Limited, manufacturers of nanosecond Q-switched, diode-pumped solid state (DPSS) lasers, have announced that important investments have been secured from an investor group including MTI Partners, Deutsche Venture Capital, DJF Esprit LLP, Alice Ventures and FNI Venture Capital.  The extent of the investment was not disclosed.

Powerlase hopes to use the funding injection, along with its research and development, to enhance its technology for new markets such as Photovoltaic, AMOLED displays, micromachining and laser patterning.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The company’s technology should improve manufacturing efficiencies, with its focus on high growth sectors, leading to record orders at the close of 2008. The latest investment gives Powerlase the ability to meet the growing demand for its laser systems in 2009 and afterward.
 
Les Lockwood, CEO at Powerlase said, “We’ve always designed our lasers and applications with the customer in mind, ensuring we can meet their specific manufacturing requirements, streamline processes and reduce costs.  The changing economy has led customers to place a greater focus on efficiencies and clean technologies. This investment will ensure we can meet the increasing demand for high performance, high productivity laser technology.”

Read Next

July 4, 2025
Chinese PV provider Skycorp Solar Group has announced a solar plant acquisition and development strategy following unanimous board approval.
July 4, 2025
Germany’s latest innovation tender has awarded 488MW of co-located capacity, with all the projects being solar PV tied with energy storage.
July 4, 2025
Risen Energy’s mass-produced heterojunction (HJT) modules have reached a cell conversion efficiency of 26.61%, a record figure for the company.
July 4, 2025
The US House of Representatives has passed the final version of the reconciliation bill that is now going to US President Donald Trump’s desk for his signature before its passing.
July 4, 2025
Australian retailer AGL Energy has confirmed its acquisition of South Australia’s Virtual Power Plant (SAVPP) from Tesla.
July 3, 2025
Renewable energy curtailment in Brazil is set to reach 8% across the country, and be as high as 11% in the north-east, by 2035.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK