Core Viewpoint - Logan Laser Technology (Wuhan) Co., Ltd. has completed a multi-million yuan Series B financing round, which will primarily be used for new production line construction and project research and development [3]. Company Overview - Logan Laser was established in 2017 and is headquartered in Wuhan, focusing on the research, production, and sales of advanced solid-state lasers, including nanosecond solid-state lasers, picosecond ultrafast lasers, and water-guided laser systems [3][5]. - The company has successfully achieved domestic substitution in high-end laser technology, which has been historically dominated by foreign enterprises [5]. Product Development - Logan Laser has developed over 20 series and more than 50 models of solid-state ultraviolet lasers and ultrafast lasers, with core products including the HPE series high-power large-energy green lasers and DSP series high-energy fundamental mode lasers [6]. - The HPE series products have a single pulse energy of 10-100 mJ and peak power exceeding 50,000 watts, widely used in aerospace, third-generation semiconductors, and ultra-hard materials processing [6]. Market Demand and Applications - The demand for high-precision and high-energy lasers is increasing due to the rapid development of high-end manufacturing industries such as aerospace, semiconductors, and new energy [5]. - Logan Laser has collaborated with over 30 domestic and international enterprises and research institutions, achieving batch delivery of nearly 100 high-end projects, with annual sales exceeding 30 million yuan for this type of laser [5]. Future Directions - The company aims to enhance laser performance in its main business areas and explore the development of all-solid-state femtosecond lasers and continuous high-power solid-state lasers [7]. - Logan Laser's projected revenue target for this year is nearly 100 million yuan [7]. Team and Expertise - The company employs over 60 staff, with more than 70% in research and development, led by a core team of experienced experts in the laser industry [8]. - The CEO has over 15 years of market and management experience in the laser sector, while the R&D director has over 10 years of experience focusing on high-energy laser technology [8]. Investor Perspective - Xingfu Capital views Logan Laser as a leader in the solid-state laser sector, with significant potential in high-energy and high-pulse applications, positioning it as a key player in the manufacturing landscape [9].