Coherent Corp.

Coherent Appoints Jim Anderson as Chief Executive Officer

Retrieved on:

Lunedì, Giugno 3, 2024

Knowledge, Chairperson, Chair, COHR, Coherent Corp., Laser, Acquisition, Learning, Management

PITTSBURGH, June 03, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, its Board of Directors has appointed Jim Anderson, an established industry executive with a proven track record of driving innovation and leading business transformations, as the Company’s new Chief Executive Officer, effective today.

Key Points:

PITTSBURGH, June 03, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, its Board of Directors has appointed Jim Anderson, an established industry executive with a proven track record of driving innovation and leading business transformations, as the Company’s new Chief Executive Officer, effective today.
Mr. Anderson joins Coherent from Lattice Semiconductors (“Lattice”), where he was President, Chief Executive Officer, and a member of its Board of Directors.
As CEO, Mr. Anderson was responsible for driving Lattice’s corporate strategy and strengthening the Company’s product roadmap, achieving record operating profits and gross margins.
He succeeds Dr. Vincent D. (“Chuck”) Mattera, Jr., who, as previously announced, is retiring as Chair and CEO of Coherent.

Coherent Introduces High-Power Laser Sensor

Retrieved on:

Giovedì, Maggio 30, 2024

OEM, Welding, USB, DB25, Coherent Corp., Engineering, Acquisition, COHR, Laser, CO2, CW, Somatosensory system, Temperature, Electronics, Printed circuit board

The new Coherent PM10K+ laser power sensor can measure the power output of CW lasers up to 10 kW (12 kW intermittent) in less than 3 seconds.

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The new Coherent PM10K+ laser power sensor can measure the power output of CW lasers up to 10 kW (12 kW intermittent) in less than 3 seconds.
This cutting-edge sensor features a large 65 mm x 65 mm active area (6.5 in²) to prevent clipping of large beam sizes and includes a laser interlock function that terminates the laser during measurement to protect the sensor from damage.
Coherent offers a broad portfolio of laser test and measurement products, including a wide array of laser power and energy sensors, laser power meters, and beam diagnostics systems.
For detailed specifications, application support, and to explore how the Coherent PM10K+ can enhance your laser measurement capabilities, visit coherent.com or contact a Coherent product specialist.

Coherent Announces Industry-First Specialty Optical Fiber for Coherent LiDAR & Cold Atom Trapping for Quantum Computing

Retrieved on:

Giovedì, Maggio 23, 2024

Lidar, Research, Coherent Corp., PM, COHR, Fiber, Coherence, Rare-earth element

Coherent is now the first company to support pure SM, PM optical fibers for >20 W average power capabilities.

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Coherent is now the first company to support pure SM, PM optical fibers for >20 W average power capabilities.
The key Coherent product innovation is merging exceptional high-power performance and superior beam quality to achieve unique performance characteristics previously unavailable.
Additionally, it incorporates a design that emphasizes manufacturability and lightweight construction, featuring a 130 µm geometry made possible by a proprietary Coherent manufacturing technology.
“We are thrilled to announce the launch of the world’s first exclusively single-mode, polarization-maintaining erbium-ytterbium co-doped fiber for high-power applications,” said Kanishka Tankala, Vice President of Specialty Fiber Products.

Solid State Cooling Market - Global Analysis and Forecast, 2024-2034: Ferrotec, Laird Thermal Systems, and Coherent Lead Innovations - ResearchAndMarkets.com

Retrieved on:

Venerdì, Maggio 10, 2024

Machinery, Other Manufacturing, Manufacturing, Lidar, Region, Health, Coherent Corp., Government, Internet of things, Traction, Growth, Research, Architecture, Temperature, Electronics, Coherence

The solid state cooling market is experiencing significant growth, driven by the increasing demand for energy-efficient cooling solutions across various industries.

Key Points:

The solid state cooling market is experiencing significant growth, driven by the increasing demand for energy-efficient cooling solutions across various industries.
This market capitalizes on advancements in thermoelectric materials and solid state mechanisms to provide cooling without the environmental impact associated with traditional refrigerants.
As regulatory pressures mount against conventional cooling systems due to their environmental footprints, solid state cooling presents a viable and sustainable alternative.
These companies continuously innovate to enhance the efficiency and applications of thermoelectric modules, a key component in solid state cooling systems.

Coherent Announces Date of Its Instrumentation Market Overview Webcast

Retrieved on:

Martedì, Maggio 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:

Lunedì, Maggio 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.

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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:

Martedì, Aprile 23, 2024

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

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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:

Martedì, Aprile 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.

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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:

Giovedì, Aprile 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:

Mercoledì, Aprile 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.