Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Offerpad’s B2B Renovate Program Continues Strong Growth, Diversifies Portfolio with Expanding Partnerships

Offerpad (NYSE: OPAD), a leading real estate solutions provider, continues to strengthen its portfolio with the growth of its B2B Renovate program, which has emerged as a significant revenue driver for the company. Building on Offerpad’s long-standing expertise in acquiring, renovating, and selling its own properties, the expansion of its renovation services to institutional investors and local operators underscores the company’s ability to balance and diversify its business model.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225953107/en/

(Graphic: Business Wire)

(Graphic: Business Wire)

Offerpad has spent years refining its renovation processes, completing tens of thousands of home transformations across the country. The company’s experienced in market field teams and proprietary renovation technology enable efficient project execution, allowing Offerpad to meet the needs of a diverse range of partners. Recent partnerships with organizations such as Freddie Mac and Fannie Mae further validate the strength and reliability of Offerpad’s B2B capabilities.

"Our Renovate program continues to demonstrate strong momentum, serving a growing range of partners while leveraging Offerpad’s deep real estate expertise," Vaughn Bair, Offerpad Chief Real Estate Officer. "By expanding our renovation services, we are further diversifying our business and creating new revenue opportunities that complement our direct-to-consumer and agent-driven acquisitions."

During the fourth quarter of 2024, Offerpad Renovate delivered another strong performance, completing 187 projects and generating over $4 million in revenue. For the full year, the program brought in $18 million in revenue, up 49% year-over-year. The average revenue per renovation also saw significant growth, increasing from $11,000 to over $22,000, reflecting Offerpad’s expanded service offerings and the onboarding of new clients.

Offerpad Renovate’s growth aligns with the company’s broader strategy to enhance operational efficiencies while providing flexible solutions for real estate partners. As the program continues to scale, Offerpad remains focused on optimizing its renovation services to drive long-term, sustainable growth.

For more information about Offerpad and its B2B Renovate program, visit www.offerpad.com/renovate.

About Offerpad

Offerpad, dedicated to simplifying the process of buying and selling homes, is a publicly traded company committed to providing comprehensive solutions that removes the friction from real estate. Our advanced real estate platform offers a range of services, from consumer cash offers to B2B renovation solutions and industry partnership programs, all tailored to meet the unique needs of our clients. Since 2015, we have leveraged local expertise in residential real estate alongside proprietary technology to guide homeowners at every step. Learn more at www.offerpad.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.