Coherent, Inc.

Fibertek's Uplink Laser Assembly (ULA) communicates with NASA Psyche Mission Deep Space Optical Communication (DSOC) payload from 16 million kilometers away

Retrieved on: 
Monday, December 11, 2023

HERNDON, Va., Dec. 11, 2023 /PRNewswire-PRWeb/ -- NASA's Psyche mission Deep Space Optical Communications (DSOC) payload has achieved a milestone in space communication. Utilizing Fibertek's Uplink Laser Assembly (ULA), the mission successfully uplinked data from Earth to the Psyche spacecraft on route to the Psyche asteroid, an achievement first reported on November 16, 2023.

Key Points: 
  • Utilizing Fibertek's Uplink Laser Assembly (ULA), NASA's Psyche mission Deep Space Optical Communications (DSOC) payload has achieved a milestone in space communication.
  • HERNDON, Va., Dec. 11, 2023 /PRNewswire-PRWeb/ -- NASA's Psyche mission Deep Space Optical Communications (DSOC) payload has achieved a milestone in space communication.
  • Utilizing Fibertek's Uplink Laser Assembly (ULA), the mission successfully uplinked data from Earth to the Psyche spacecraft on route to the Psyche asteroid, an achievement first reported on November 16, 2023.
  • Fibertek's High Power laser used in NASA JPL's successful "first light" communication success from 16 million kilometers away.

Optoelectronics Market size to grow by USD 30.64 billion from 2022 to 2027- Technavio

Retrieved on: 
Friday, October 20, 2023

The potential growth difference for the optoelectronics market from 2022 to 2027 is USD 30.64 billion.

Key Points: 
  • The potential growth difference for the optoelectronics market from 2022 to 2027 is USD 30.64 billion.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • The sensor market size is estimated to grow at a CAGR of 17.89% between 2022 and 2027.
  • The market size is forecast to increase by USD 274.2 billion.

The Laser Welding Machine Market to grow by USD 458.39 million from 2022 to 2027, Growing adoption of welding robots is a key factor driving market growth- Technavio

Retrieved on: 
Monday, September 25, 2023

NEW YORK, Sept. 25, 2023 /PRNewswire/ -- The laser welding machine market is expected to grow by USD 458.39 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Sept. 25, 2023 /PRNewswire/ -- The laser welding machine market is expected to grow by USD 458.39 million from 2022 to 2027.
  • The growing adoption of welding robots is a key factor driving market growth.
  • In addition, laser welding robots include a servo-controlled multiaxis mechanical hand in which the laser cutting head is fitted.
  • The metal welding market is estimated to grow at a CAGR of 5.19% between 2022 and 2027, and the size of the market is forecast to increase by USD 10.31 million.

Coherent Announces the Retirement of Dr. Mark Sobey, President, Lasers Segment

Retrieved on: 
Friday, September 1, 2023

PITTSBURGH, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that Dr. Mark Sobey, President, Lasers Segment, will retire from the company effective today, September 1, 2023.

Key Points: 
  • PITTSBURGH, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that Dr. Mark Sobey, President, Lasers Segment, will retire from the company effective today, September 1, 2023.
  • Dr. Sobey has served as President of Coherent’s Lasers Segment since the closing of the merger between II-VI and Coherent, Inc., in July 2022.
  • Prior to the merger, Dr. Sobey served as Coherent, Inc.’s, Chief Operating Officer from 2020 to 2022.
  • Sobey’s scientific and technical prowess was a great asset to Coherent Corp., and I personally will miss him as a colleague on our Executive Leadership Team.

Global AI in Social Media Market Poised for Rapid Expansion, Predicted to Reach USD 5.66 Billion by 2028

Retrieved on: 
Monday, August 21, 2023

The AI in Social Media market is gearing up for a remarkable surge, with estimations indicating a substantial escalation from USD 1.64 billion in 2023 to an impressive USD 5.66 billion by 2028.

Key Points: 
  • The AI in Social Media market is gearing up for a remarkable surge, with estimations indicating a substantial escalation from USD 1.64 billion in 2023 to an impressive USD 5.66 billion by 2028.
  • Social media has morphed into a goldmine of customer intelligence data, catalyzing the demand for AI solutions capable of extracting valuable insights from this vast repository.
  • The burgeoning population of social media users is fueling the need for advanced AI tools to unravel intricate customer preferences, thereby catalyzing market expansion.
  • Effective Advertising through AI Integration: The convergence of artificial intelligence with social media platforms is redefining advertising paradigms and propelling market growth.

EQS-News: ams-OSRAM AG: ams OSRAM has published the proposals for the Annual General Meeting 2023

Retrieved on: 
Saturday, May 27, 2023

Premstaetten, Austria and Munich, Germany (25 May 2023) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, has published the Supervisory and Management Board proposals for the Annual General Meeting on 23 June 2023 on the company website.

Key Points: 
  • Premstaetten, Austria and Munich, Germany (25 May 2023) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, has published the Supervisory and Management Board proposals for the Annual General Meeting on 23 June 2023 on the company website .
  • Agenda item 7 comprises proposed elections to the Supervisory Board.
  • Following the conclusion of the term of Mr Brian Krzanich, Mr Andreas Mattes will stand for election as a new candidate to the Supervisory Board.
  • The term for both proposed elections is planned to conclude with the completion of the General Meeting which will resolve on the discharge for the business year 2026.

Coherent Corp. Chair and CEO Rings the Opening Bell® at the New York Stock Exchange

Retrieved on: 
Tuesday, May 23, 2023

PITTSBURGH, May 23, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that its Chair and CEO, Dr. Vincent D. Mattera, Jr., will ring The Opening Bell® at the New York Stock Exchange on Tuesday, May 23, 2023, at 9:26 a.m.

Key Points: 
  • PITTSBURGH, May 23, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that its Chair and CEO, Dr. Vincent D. Mattera, Jr., will ring The Opening Bell® at the New York Stock Exchange on Tuesday, May 23, 2023, at 9:26 a.m.
  • “Coherent is deeply honored to be welcomed by the NYSE for the long-standing tradition of ringing the opening bell,” said Dr. Mattera.
  • “We joined the New York Stock Exchange in part because of our aspirations for our new brand.
  • A video replay of the bell-ringing ceremony can be viewed here: New York Stock Exchange 2023 Bells .

Photonic Sensors and Detectors Global Market Report 2023: Sector to Reach $60.5 Billion by 2027 at a 10.6% CAGR

Retrieved on: 
Tuesday, May 2, 2023

DUBLIN, May 2, 2023 /PRNewswire/ -- The "Photonic Sensors and Detectors: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 2, 2023 /PRNewswire/ -- The "Photonic Sensors and Detectors: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
  • The report also includes a discussion of technological, regulatory and competitive elements as well as economic trends affecting the market.
  • It also explains the major drivers and regional dynamics of the global photonics and sensors market and current trends within the industry.
  • Photonic sensors and detectors are increasingly being used in a wide range of applications due to their many advantages over traditional electronic sensors and detectors.

Photonic Sensors and Detectors Global Market Report 2023: Rising Demand for Accurate and Dependable Sensing and Detection Technologies in Multiple Industries Bolsters Sector - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 2, 2023

The report also includes a discussion of technological, regulatory and competitive elements as well as economic trends affecting the market.

Key Points: 
  • The report also includes a discussion of technological, regulatory and competitive elements as well as economic trends affecting the market.
  • It also explains the major drivers and regional dynamics of the global photonics and sensors market and current trends within the industry.
  • Photonic sensors and detectors are increasingly being used in a wide range of applications due to their many advantages over traditional electronic sensors and detectors.
  • The outlook for the photonic sensors market looks optimistic, as there is a rising demand for accurate and dependable sensing and detection technologies in multiple industries.

Global Ultrafast Lasers Technology and Market Analysis Report 2022: Market Revenue for 2021, Estimates for 2022, Forecasts for 2023 and 2025, and CAGR Projections through 2027

Retrieved on: 
Wednesday, February 1, 2023

DUBLIN, Feb. 1, 2023 /PRNewswire/ -- The "Ultrafast Lasers: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 1, 2023 /PRNewswire/ -- The "Ultrafast Lasers: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
  • Revenue forecasts for this period are segmented based on laser type, pulse duration, application, industry, and geography.
  • Industries have moved from laser cut technology to ultrafast laser technology for machining accuracy, thereby enabling early time to the market.
  • In addition to industry and competitive analyses of the ultrafast lasers market, this report includes patent analyses as well as company profiles of key market players.