About Innovative Laser Technologies
Innovative Laser Technologies is an Industrial Goods & Manufacturing company based in Minneapolis (United States) founded in 1998, and was acquired by IPG Photonics in July 2017. High-power fiber lasers are manufactured for industrial use. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Innovative Laser Technologies was founded in 1998 in Minneapolis, United States. High-power fiber lasers are produced by the company within the industrial technology sector. Operations are centered on manufacturing processes for these lasers, which are utilized in various applications. The domain iltinc.com is maintained for online presence. Geographic focus remains in the United States, with activities based in Minneapolis.
- Headquarters Minneapolis, United States
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website iltinc.com
- Social LinkedIn X
- Acquired by IPG Photonics (Jul 2017)
- InvestorsIPG Photonics
& 1 more
- Acquired by
Investors in Innovative Laser Technologies
Innovative Laser Technologies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IPG Photonics and Generation Growth Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm invests in the US | generationgrowth.com | Milwaukee, United States | ||
High-performance fiber lasers and amplifiers are developed and manufactured. | 1990 | ipgphotonics.com | Boston, United States |
Investor details for Innovative Laser Technologies
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People of Innovative Laser Technologies
4 people are tracked at Innovative Laser Technologies (1 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Dean Haase | Director of Software/Electrical Engineering | Leadership |
James Jaszkowiak | Software Lead | Team |
Matt Barlage | Software Application Engineer | Team |
Tyler Kincaid | Electrical Engineer | Team |
Complete people profiles for Innovative Laser Technologies
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- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Innovative Laser Technologies
3 dated milestones of Innovative Laser Technologies across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Innovative Laser Technologies is founded.
- Exit Acquired by Generation Growth Capital.
- Exit Acquired by IPG Photonics.
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Innovative Laser Technologies (Contract & Outsourced Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | 1969 | San Jose, California, United States | USD 5.06 M | USD 27.91 B | 147,980 | |
Equipment and parts for HVAC/R industry are supplied. | 1956 | Miami, Florida, United States | USD 7.24 B | 7,290 | ||
Wood-fired grills are manufactured and supplied by Traeger. | 1987 | Salt Lake City, Utah, United States | USD 559.52 M | 666 |
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Frequently Asked Questions about Innovative Laser Technologies
Innovative Laser Technologies was founded in 1998.
Innovative Laser Technologies is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Innovative Laser Technologies was founded in 1998 in Minneapolis, United States. High-power fiber lasers are produced by the company within the industrial technology sector. Operations are centered on manufacturing processes for these lasers, which are utilized in various applications. The domain iltinc.com is maintained for online presence. Geographic focus remains in the United States, with activities based in Minneapolis.
Innovative Laser Technologies has 2 investors. Key investors include IPG Photonics, and Generation Growth Capital.
Yes. Innovative Laser Technologies was acquired by IPG Photonics in July 2017.