on QUANTEL (EPA:QUA)
Lumibird Enhances Strategic Laser Tech Position
Lumibird has announced a significant agreement with Cilas, including the sale of its 37% stake, marking a strategic move in the laser sector. This forms part of Lumibird's strategy to strengthen its role in critical laser technologies, vital for the Defense, Aerospace, Research, and Industrial markets.
The agreement includes long-term industrial partnerships for supplying components and laser sources for defense programs, consolidating Lumibird's position as a key technology partner for major French integrators.
Lumibird will take over the maintenance of Laser MégaJoule, enhancing its collaboration with the French Atomic Energy Commission. This transaction is set for completion by Q3 2026, pending necessary approvals, thereby solidifying Lumibird's focus on high-value laser technologies.
R. E.
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