EC-Funded LIFT Project Takes the Leadership in Fibre Lasers
EPIC is partner in the FP7 project LIFT
LIFT – Leadership In Fibre Laser Technology, is a collaborative, large-scale integrated project funded by the NMP Directorate in the 7th Framework Programme of the European Commission.
The 16 Million Euro project will expand the limits of advanced materials processing applications through a new generation of high-brilliance fibre-based lasers.
European industry today leads in industrial laser processing. Continuous innovation and adoption of novel technologies are required to maintain this position. Fibre lasers represent only 10% of an estimated market volume of 2 billion Euros worldwide for industrial lasers. The market share of fibre lasers is expected to double by 2010 and double again by 2013, when fibre lasers will account for more than 30% of all industrial lasers sold each year.
In order for Europe to advance its position as technology and manufacturing leader in industrial laser processing, it is imperative for European manufacturers to take the Leadership In Fibre laser Technologies. That is exactly the goal of the LIFT project.