#aerospace-and-defense

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Business
from24/7 Wall St.
6 days ago

Retail Favorite nLIGHT Gains 4.5%: A Wartime Stock With a Laser Focus

nLIGHT stock surged 4.5% to $63.79 after demonstrating advanced laser weapon systems at a military conference, extending a 603.7% annual gain driven by defense laser demand and geopolitical tensions.
fromFortune
2 months ago

Xi touts China's AI, chip wins in triumphant New Year's speech | Fortune

"China has become one of the world's fastest-rising economies in terms of innovative capacity," he declared in a televised address on Wednesday beamed to the nation's 1.4 billion people, in which he touted China's achievements in large AI models and breakthroughs in chip research and development. The Chinese leader underscored the role of innovation in his government's aim for high-quality economic development and the integration of technology and industry, citing the advancements in humanoid robots and drones.
World news
fromBusiness Matters
6 months ago

Maven backs laser optics pioneer PowerPhotonic with 2.6m investment

Maven Capital Partners has invested £2.6 million in PowerPhotonic, emphasizing its growth plans supported by previous funding from Archangels and Scottish Enterprise. This funding will help the precision optics specialist scale operations and expand its Arizona manufacturing base, enhancing its sales and marketing efforts.
Science
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