Since there is an increased use of lightweight materials such as aluminium fibers and carbon alloys, the demand for diamond tools for the maintenance of such materials is also rising. The latest methods adopted for even harder cutting materials such as CVD diamonds is extending the current electrical discharge and grinding machining technologies to their maximum limits. But the laser line exceeds these limits and hence sets new standards in tool machining with regards to quality, versatility and productiveness. A difference between common grinding and electrical discharge methods is the fact that laser processing is done without the need of cooling lubricants and application of force. The use of current ultra fast lasers enables a direct evaporation process without cold ablation or noticeable thermal input, and hence retention of material properties of cutting materials is achieved and the extremely short pulses coupled with high repetition rates lead to the best surface qualities.