Powerlase in solid state

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Powerlase has announced significant business growth for the year ending 31 December 2008 and predicts a potential revenue increase of 250 per cent during 2009.

, the Crawley-based manufacturer of Q-switched, diode-pumped solid state (DPSS) lasers, has announced significant business growth for the year ending 31 December 2008.

A 90 per cent increase in company bookings at year-end has led Powerlase to predict a potential revenue increase of 250 per cent during 2009.

Company revenues in 2008 matched those of the previous year, but net operating performance was significantly better than previous years as a direct result of cost controls and improved operating efficiencies.

During 2008, Powerlase strengthened its business position by developing innovative lasers and processes for emerging markets.

A slowdown in the flat-panel display (FPD) marketplace, where Powerlase supplies lasers for 60 per cent of global plasma television production, led to research into photovoltaic (PV) and AMOLED display sectors.

A new range of green lasers, designed to address solar cell edge deletion, laser micro-machining in automotive and laser annealing in AMOLED manufacture, has resulted in increased sales revenue projections for 2009.

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