Company Details: nLight

Goals

To obtain details and information about nLight by looking at its recent company and industry news, company history, recent revenue, growth plans, and key partners.

Early Findings

nLIGHT Revenue

Growth Plans

  • One of the growth plans of nLight is to "move its headquarters from an industrial area north of Vancouver to a 21-acre site in nearby Camas. " The 2-acre site was bought at $12.2 million from Sharp Electronics. This new facility has offices and manufacturing space.

Company News

  • As of September 21, 2020, it was reported that nLight has a total market value of $891.84 million. Its stock price has been seen to be ranging from $23.16 to $24.50.
  • An August 6, 2020 news article reports that the strong demand from China helped boost nLight's sales for 2020.
  • According to nLight's CEO and co-founder Scott Keeney, “adoption of our higher-power fiber lasers continues to grow, both inside and outside of China, and we are encouraged by the early customer response to our fiber laser welding solutions and the long-term potential in this application space.”

Proposed next steps:

You need to be the project owner to select a next step.