Coherent Corp.

Coherent Announces Date of Its Instrumentation Market Overview Webcast

Retrieved on: 
Dienstag, Mai 7, 2024
Coherent Corp., Laser, Webcast, COHR

PITTSBURGH, May 07, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an Instrumentation Market Overview webcast for investors, equity analysts, and the public on Tuesday, May 14, at 10:00 a.m.

Key Points: 
  • PITTSBURGH, May 07, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an Instrumentation Market Overview webcast for investors, equity analysts, and the public on Tuesday, May 14, at 10:00 a.m.
  • ET.
  • Individuals wishing to view the 90-minute webcast can access the event at the company’s website by visiting coherent.com/company/investor-relations/financial-webcasts .
  • The event will be recorded, and a replay will be available for a limited time.

Coherent Corp. Releases Third-Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Montag, Mai 6, 2024
Coherent Corp., Laser, Letter, COHR, Chair

PITTSBURGH, May 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the financial results for its third quarter of fiscal year 2024.

Key Points: 
  • PITTSBURGH, May 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the financial results for its third quarter of fiscal year 2024.
  • These results have been posted as a letter to shareholders on the Investor Relations section of its website at coherent.com/company/investor-relations .
  • A conference call to discuss these results with Chair and CEO Dr. Vincent D. (Chuck) Mattera, Jr., and members of the management team will be held on Tuesday, May 7, 2024, at 8:00 a.m.
  • Individuals wishing to listen to the live webcast of the call can access the event at the company’s website by visiting coherent.com/company/investor-relations .

Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica Foundation

Retrieved on: 
Dienstag, April 23, 2024
DEI, RET, Organization, Westin Hotels & Resorts, Woman, Publication, Imagination, Mentorship, Coherent Corp., Innovation, Entrepreneurship, Partnership, Love, Curriculum, Black, Engineering, Light, Science, Laser, University, COHR, African Americans, Workforce, Minority, Student, HBCU, Harvard University, Chair, Management

Optica’s renowned publications, meetings, online resources, and in-person activities fuel discoveries, shape real-life applications, and accelerate scientific, technical, and educational achievement.

Key Points: 
  • Optica’s renowned publications, meetings, online resources, and in-person activities fuel discoveries, shape real-life applications, and accelerate scientific, technical, and educational achievement.
  • Additionally, the Optica Foundation focuses on the next generation of innovators and technologists to cultivate a diverse workforce able to address global challenges.
  • Coherent’s support will enable the Optica Foundation to increase the individual scholarship awards from $7,500 to $10,000 and extend the financial foundation for continued scholarships into the next decade.
  • “Coherent’s donation to our Amplify Scholarship reflects a mutual commitment to inclusion and excellence in photonics with the Optica Foundation,” said Eric Mazur, Optica Foundation Chair, Harvard University.

Earth Day 2024: Coherent Corp. Announces Milestones in its Sustainability Journey

Retrieved on: 
Dienstag, April 23, 2024
Coherence, Coherent Corp., Biophysical environment, Lean, Electricity, Carbon, Laser, RBA, COHR, CO2, Renewable energy, Lean Six Sigma

“At Coherent, sustainability is an all-hands issue. We encourage -- in fact, we expect -- every one of our ~25,000 employees to participate and contribute to the Coherent Lean System through initiatives that attack waste in all of its forms across our enterprise,” said Tim Challingsworth, Chief Sustainability Officer. “Even better than using renewable energy is using less energy by training and certifying our employees across several tiers of Lean Six Sigma certifications that focus on projects to identify and eliminate waste in our processes. Driving our Lean principles is intimately intertwined with our sustainability ambitions,” he said.

Key Points: 
  • Coherent has set as a top priority to reduce its carbon footprint across its global operations.
  • In December 2023, the company announced a commitment to achieve net-zero Scope 1 and Scope 2 emissions by fiscal year 2040.
  • Coherent is committed to human rights, sustainability, compliance, diversity, responsible business conduct, and adherence to high ethical standards, as highlighted in its 2023 ESG Report , released last December.
  • The company’s sustainability vision is guided by the Environmental, Social, and Governance Committee of the Coherent Board of Directors.

Coherent Announces Date of FY2024 Third-Quarter Conference Call

Retrieved on: 
Donnerstag, April 18, 2024
Coherent Corp., Laser, Letter, COHR

Coherent’s management will host a conference call to discuss these results on Tuesday, May 7, at 8:00 a.m.

Key Points: 
  • Coherent’s management will host a conference call to discuss these results on Tuesday, May 7, at 8:00 a.m.
  • ET.
  • Individuals wishing to listen to the live webcast of the call can access the event at the company’s website by visiting coherent.com/company/investor-relations/financial-webcasts or via this link .
  • The call will be recorded and a replay will be available to interested parties for a limited time.

Coherent Secures $15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors

Retrieved on: 
Mittwoch, April 10, 2024
CHIPS, Science, Risk, AI, Coherence, Silicon, CHIPS and Science Act, Coherent Corp., MEA, Electricity, Artificial intelligence, Transport, Electronics, COHR, North Carolina State University, CLAWS

One of the key objectives of the CHIPS program is to nurture ecosystems that reduce risk, incentivizing large-scale private investment in production, breakthrough technologies, and workers.

Key Points: 
  • One of the key objectives of the CHIPS program is to nurture ecosystems that reduce risk, incentivizing large-scale private investment in production, breakthrough technologies, and workers.
  • As a member of the CLAWS Hub, Coherent will receive $15 million to accelerate the commercialization of next-generation wide- and ultrawide-bandgap semiconductors, namely, silicon carbide and single-crystal diamond, respectively.
  • “Wide- and ultrawide-bandgap semiconductors enable the electrification of transportation, including road vehicles, high-speed trains, and mobile industrial machinery.
  • Single-crystal diamond promises to exceed the performance of silicon carbide and greatly expand the applications universe with quantum computing, quantum encryption, and quantum sensing.

Coherent Loans James Webb Space Telescope Demonstration Mirror to Space Foundation Discovery Center

Retrieved on: 
Montag, April 8, 2024
Discovery, Beryllium, Science, MDT, COHR, Education, Gold, History, Coherence, Senior, STEAM, Mathematics, JWST, Coherent Corp., OLED, Hubble Space Telescope, Engineering

PITTSBURGH, April 08, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in advanced optical systems, announced today an agreement with the Space Foundation Discovery Center , located in Colorado Springs, Colorado, to provide on loan a demonstration mirror developed for the James Webb Space Telescope (JWST).

Key Points: 
  • PITTSBURGH, April 08, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in advanced optical systems, announced today an agreement with the Space Foundation Discovery Center , located in Colorado Springs, Colorado, to provide on loan a demonstration mirror developed for the James Webb Space Telescope (JWST).
  • The Space Foundation Discovery Center focuses on inspiring and educating individuals of all ages about space, science, and technology.
  • “The hexagonal mirrors are not only a testament to the technological expertise behind the James Webb Space Telescope, but also a symbol of the collaborative spirit driving humanity's exploration of the universe,” said Rachel English , Space Foundation Discovery Center senior curator.
  • Attendees are invited to join Coherent and the Discovery Center representatives for this ceremony, which will take place at 4:00 p.m. MDT.

Coherent Announces the World’s First 6-Inch Indium Phosphide Scalable Wafer Fabs Paving the Way for the Next Generation of Lasers for AI Transceivers and 6G Wireless Networks

Retrieved on: 
Montag, März 25, 2024
Indium phosphide, COHR, Mach–Zehnder interferometer, Electronics, AI, Coherence, EML, CW, Coherent Corp., Indium, Silicon

PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of compound semiconductors and high-performance optical networking solutions, announced today it has established the world’s first capability for 6-inch indium phosphide (InP) wafer fabrication, in the company’s Sherman, Texas, and Järfälla, Sweden, wafer fabs.

Key Points: 
  • PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of compound semiconductors and high-performance optical networking solutions, announced today it has established the world’s first capability for 6-inch indium phosphide (InP) wafer fabrication, in the company’s Sherman, Texas, and Järfälla, Sweden, wafer fabs.
  • This exciting milestone enables Coherent to increase production capacity and lower die costs for InP optoelectronic devices, widely used in applications such as coherent optical communications, datacom transceivers, AI interconnects, advanced sensing for consumer electronics and wearables, medical and automotive applications, and, in the future, in 6G wireless and satellite communications networks.
  • “We are very excited to announce our 6-inch indium phosphide wafer fabrication capability in both our Sherman and Järfälla fabs, which is a result of our continuous investment in innovation and technology development, and our years of investment and operating experience in high-volume VCSEL array manufacturing for mobile handsets,” said Dr. Giovanni Barbarossa, Chief Strategy Officer and President, Materials Segment.
  • The company expects to transition the bulk of its production from 3-inch InP to 6-inch InP in the next few years to fully leverage the benefits of larger wafer size, higher yield, and improved performance that will be required to provide a sustainable competitive advantage in its communications and sensing markets.

Coherent Announces Optical Circuit Switch for Data Centers

Retrieved on: 
Montag, März 25, 2024
WSSS, WSS, COHR, Artificial intelligence, AI, Coherence, Architecture, OEO, OCS, Coherent Corp., Medical device

PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications materials, components, and subsystems, announced today the introduction of a new optical circuit switch (OCS) based on the company’s field-proven and ultrareliable Datacenter Lightwave Cross-Connect (DLX™).

Key Points: 
  • PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications materials, components, and subsystems, announced today the introduction of a new optical circuit switch (OCS) based on the company’s field-proven and ultrareliable Datacenter Lightwave Cross-Connect (DLX™).
  • In an OCS, data signals remain in the optical domain as they transit the switch; eliminating OEO conversion can provide dramatic cost and power consumption savings.
  • For data centers, this significantly improves the return on capital expenditure.
  • By contrast, Coherent DLXTM requires exceptionally low drive voltage (less than 10 V) to switch its liquid-crystal cells.

Coherent Reports Significant Advancement in VCSEL Performance for Next-Gen AI Networks

Retrieved on: 
Montag, März 25, 2024
Transverse mode, SR4, SR8, Laser, COHR, HPC, AI, Senior, Coherent Corp.

This improvement comes in the form of lithographic-aperture VCSELs, marking a significant departure from the oxide-aperture VCSELs that are the state-of-the-art VCSELs used in AI networks today.

Key Points: 
  • This improvement comes in the form of lithographic-aperture VCSELs, marking a significant departure from the oxide-aperture VCSELs that are the state-of-the-art VCSELs used in AI networks today.
  • Multimode transceivers and links are ideally suited for short-reach connectivity in data centers, spanning artificial intelligence (AI), high-performance computing (HPC), and networking applications.
  • A technical paper describing this leap in performance will be presented by Dr. Stefano Tirelli, Senior Manager, VCSEL Technology, at OFC 2024 in San Diego on March 25, 2024 .
  • As usual, some of the customers want them now, but this is a good challenge to have.”