Salvo Technologies Announces the Formation of Torrent Photonics
January 1, 2024 | PRNewswireEstimated reading time: Less than a minute
Salvo Technologies announced today the formation of Torrent Photonics LLC. The formation of Torrent is the result of the Company's integration of its photonics entities into a newly formed business dedicated solely to the Photonics industry.
Torrent will be focused on providing best-in-class engineering and vertically integrated manufacturing capabilities for the defense, security, medical, industrial, and commercial end markets. Torrent through acquisitions and organic growth has rapidly ascended into being one of the largest, independent, diversified Photonics platforms with global manufacturing capabilities.
Torrent CEO John Dougherty states, "Our growth rate has been tremendous since our start in 2006. This growth has been fueled by key acquisitions like Pixelteq, Arrow Thin Films, Kreisher Optics and Graflex. Beyond acquisitions, the group has demonstrated a consistent track record of organic growth, with 25% growth experienced in 2023 alone. The focus in 2024 and beyond will be to build a focused, integrated organization that continues developing and manufacturing robust and innovative systems for our worldwide customer base."
Suggested Items
Real Time with… IPC APEX EXPO 2024: Alltemated Focuses on Services and Customer Relationships
05/09/2024 | Real Time with...IPC APEX EXPORachael Temple, director of marketing and sales at Alltemated, discusses the company's offerings such as outsourcing, value added services, and quick turnaround times. Rachael emphasizes the significance of fostering relationships and trust with clients, sharing a real world example where Alltemated helped a component distributor with custom tooling, and then wraps up with a look at future growth and collaborations.
Sondrel Awarded New Video Processor ASIC Design and Supply Contract
05/09/2024 | SondrelSondrel, a leading provider of ultra-complex custom chips for leading global technology brands, is pleased to announce that it has won a major ASIC design and supply contract for a next generation, video processing chip.
Shane Whiteside of Summit Reflects on Today's PCB Landscape
05/08/2024 | I-Connect007 Editorial TeamSummit Interconnect began as a printed circuit board manufacturing company just eight years ago and has seen impressive growth organically and through acquisition. Summit President and CEO Shane Whiteside takes a few moments to share his thoughts on the growing PCB industry in the United States.
IDC Forecasts Slower Growth for Global Telecommunications Services Market: Could AI Help Telcos to Maintain Healthy Margins?
05/08/2024 | IDCWorldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker.
HBM Prices to Increase by 5–10% in 2025, Accounting for Over 30% of Total DRAM Value
05/06/2024 | TrendForceAvril Wu, TrendForce Senior Research Vice President, reports that the HBM market is poised for robust growth, driven by significant pricing premiums and increased capacity needs for AI chips.