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InnoLas Revenue Up 60% in 2012

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KRAILLING, Germany, Feb. 26, 2013 — Despite challenging conditions in the solar market, laser systems provider InnoLas Systems GmbH reported 60 percent revenue growth for 2012. The company achieved record revenue of €40 million (about $68 million), with more than 90 percent of that generated from sales in the photovoltaic industry, a segment that experienced another difficult year with generally declining investments from cell manufacturers. More than 90 percent of InnoLas Systems’ revenue for 2012 was generated from sales in the photovoltaic industry of laser solutions such as the model ILS TT. Courtesy...Read full article

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    Published: February 2013
    BusinessenergyEuropeGermanygreen photonicsILS laser machinesImpala laser systemindustrialInnoLas Systemslaser machiningRichard GrundmüllerLasers

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