NasdaqGS:IPGPElectronic
What IPG Photonics (IPGP)'s Patent Setback and CROSSBOW HEL Push Mean for Shareholders
Earlier this month, IPG Photonics reported an unfavorable patent ruling from the Unified Patent Court in Düsseldorf affecting certain adjustable mode beam lasers in Germany, France and Italy, while also confirming contingency support for impacted customers and reiterating that less than 1% of total sales are involved.
At the same time, IPG is pushing into defense markets, with IPG Defense showcasing its CROSSBOW HEL counter‑UAS laser systems at the AUSA Global Force Symposium in Huntsville,...