ficonTEC being acquired by Chinese capital is quite typical—domestic VCs are not strong enough, and in the end, the core technology and team are sold together. Robotech's stock price has risen for five consecutive days, and the market has voted with its feet.

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Serenity blasts Europe for “selling technology due to lack of funds”: Germany’s photonics leader ficonTEC has been fully acquired by China
Serenity refers to Europe’s long-term exclusion of external capital and a lack of financial support for local technology companies, which has led to key enterprises being acquired by overseas capital. Reports say that German ficonTEC was acquired by Suzhou Robotech for $260 million due to insufficient financing, and it is now 100% funded by Chinese capital. Robotech has risen more than 22% over the past 5 days, and it is up 2.69% today.
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