Welcome to our dedicated page for Coherent news (Ticker: COHR), a resource for investors and traders seeking the latest updates and insights on Coherent stock.
Coherent Corp. (NYSE: COHR) is a global leader in materials, networking, and lasers, renowned for its innovative contributions across multiple industries. Headquartered in Saxonburg, Pennsylvania, Coherent specializes in engineered materials and optoelectronic components, serving sectors such as industrial, optical communications, military, semiconductor, consumer, and life sciences applications.
Coherent operates through two main segments: Photonic Solutions Segment and Compound Semiconductors Segment. The Photonic Solutions Segment leverages II-VI's compound semiconductor technology platforms to deliver components and subsystems, while the Compound Semiconductors Segment is noted for its market leadership in differentiated materials and devices.
Recent achievements include the demonstration of an 800 Gbps coherent transceiver module in QSFP-DD form factor, showcased at OFC 2024. This module features Coherent's 140 Gbaud IC-TROSA optical subassembly, offering high-efficiency indium phosphide modulators and proprietary embedded wavelength-tunable lasers, extending transmission distances up to 1000 km at 800 Gbps.
Additionally, Coherent has been pioneering advancements in VCSEL technology, enabling bandwidth improvements for next-generation optical interconnects. These developments are pivotal for data centers and AI networks, potentially achieving 200 Gbps per lane and optical transceivers with 1.6 Tbps capacity.
Coherent's commitment to innovation is further exemplified by its 6-inch indium phosphide wafer fabrication capability in its U.S. and European fabs, increasing production capacity and reducing die costs for InP optoelectronic devices used in a variety of applications from communications to advanced sensing.
In alignment with its ongoing innovation, Coherent has secured $15 million in funding from the CHIPS Act to accelerate the commercialization of wide- and ultrawide-bandgap semiconductors, enhancing the efficiency of electric vehicles, power grids, and data centers.
Financially, Coherent has demonstrated robust performance, with its Q3 FY2024 results available in a detailed shareholder letter on the Investor Relations section of its website. This format aims to provide greater insight into the company’s operations and future outlook.
For more information about Coherent and its groundbreaking technologies, visit coherent.com.
Coherent Corp. (NYSE: COHR), a leader in materials and lasers, will present at the Susquehanna 12th Annual Technology Conference on March 3, 2023, at 3:00 p.m. ET. Key participants include Mary Jane Raymond, CFO, and Dr. Sanjai Parthasarathi, CMO. A live audio webcast will be available through the Investor Relations section of Coherent's website, with a replay accessible afterward. Coherent, headquartered in Saxonburg, Pennsylvania, focuses on innovative technologies across various markets including industrial and communications. For more details, visit coherent.com.
Coherent Corp. has successfully transferred its common stock and its 6.00% Series A Mandatory Convertible Preferred Stock listings from Nasdaq to the New York Stock Exchange (NYSE). This transition took effect on February 23, 2023, following the cessation of trading on Nasdaq the previous day. The company's common stock will now trade under the symbol COHR while the preferred stock will trade as IIVI. CEO Dr. Vincent D. Mattera, Jr. expressed excitement over this move, highlighting it as part of the company's ongoing transformation aimed at enhancing shareholder value.
Coherent Corp. (NYSE: COHR) announced an analyst briefing on March 8, 2023, at 11:00 a.m. ET, focused on its prospects in the optical communications market. The event will include a presentation and a Q&A session. Key participants include:
- Mary Jane Raymond, CFO
- Dr. Giovanni Barbarossa, Chief Strategy Officer
- Dr. Julie Eng, CTO
- Matthias Berger, VP of Coherent Transceiver Technology
The webcast will be available on the Coherent Investor Relations website, with a replay accessible afterward. Coherent, headquartered in Saxonburg, Pennsylvania, specializes in materials, networking, and lasers for various industries.
Coherent Corp. (Nasdaq: COHR) announced the launch of its new 1300 nm high-power continuous wave (CW) distributed feedback (DFB) laser diodes designed for silicon photonics-based datacom transceivers. These lasers support the growing demand for 400G and 800G transceivers, with future capabilities for 1.6T transceivers. The new diodes provide 100 mW output power when uncooled and 300 mW when cooled, facilitating high data rates for DR4 and DR8 transceivers. Coherent will showcase its new technologies at OFC 2023 in San Diego, March 7-9. The company continues to innovate in semiconductor laser technology to enhance cloud capacity and efficiency.
Coherent Corp. (Nasdaq: COHR) announced new product platforms, WaveShaper and WaveAnalyzer, designed for the super C-band in optical communications. This expansion comes as the technology approaches the limits of the current C-band capacity. The WaveShaper models (1000B and 4000B) are programmable optical processors offering high-resolution filter capabilities. The WaveAnalyzer 400A/Super-C serves as an optical spectrum analyzer with impressive measurement speeds. Coherent will showcase these products at OFC 2023 in San Diego, highlighting the WaveMaker 4000A synthesizer, which received accolades from Lightwave Innovation Reviews 2023.
Coherent Corp. (Nasdaq: COHR) has launched its ultra-wideband telemetry module (UWB-OCM) for next-generation C+L-band optical transport systems. This innovation addresses the growing demand for expanded transmission capabilities in optical networks, essential as existing C-band capacities near their limits. The UWB-OCM utilizes a proprietary tunable filter technology, enabling it to sweep more than 12 THz, making it suitable for advanced optical systems. This product complements the ultrahigh-resolution optical channel monitor (UHR-OCM) introduced in September 2022. Coherent's complete portfolio aims to support evolving requirements in optical communications, enhancing its market position.
Coherent Corp. (Nasdaq: COHR) announced the launch of a new portfolio of ultracompact optical components aimed at enhancing high-speed telecom transceivers and LiDAR systems. This family includes micro-pump lasers, variable optical attenuators, and hybrid passive assemblies, all measuring under 2.5 mm in height. Dr. Sanjai Parthasarathi emphasized the unmatched miniaturization achieved and noted that these components will meet the rising demand cost-effectively. The products are available for individual purchase and custom assembly, featuring capabilities like 400 mW output power. Coherent will showcase these innovations at OFC 2023 in San Diego, March 7-9.
Coherent Corp. (Nasdaq: COHR) has announced the launch of the industry's first dual-chip pump laser module, offering up to 1000 mW of output power per fiber in a compact 10-pin butterfly package. This innovative technology enhances optical transport networks, supporting next-generation broadband and cloud services. The new modules are semi-cooled and utilize highly reliable laser diodes, providing flexibility in output power assignment. Coherent's advancements in pump laser technology underscore its leadership position, having been the first to market with dual-chip modules in 2014. The company will showcase this new technology at OFC 2023 in San Diego from March 7-9.
Coherent Corp. (Nasdaq: COHR) announced recognition for three products in the 2023 Lightwave Innovation Reviews. The 100ZR QSFP28-DCO transceiver received a perfect 5.0 rating, enabling service providers to upgrade 10 Gbps Ethernet links to 100 Gbps. The 200 Gbps EMLs for datacenter transceivers earned a 4.5 rating, supporting 800 Gbps and 1.6 Tbps data rates. Additionally, the WaveMaker™ 4000A programmable optical spectrum synthesizer also achieved a 4.5 rating. The awards reflect Coherent's leadership in optical networking technology.
FAQ
What is the current stock price of Coherent (COHR)?
What is the market cap of Coherent (COHR)?
What does Coherent Corp. specialize in?
What are the main segments Coherent operates in?
What recent innovations has Coherent introduced?
What is the significance of Coherent's 6-inch indium phosphide wafer fabrication?
How much funding did Coherent secure from the CHIPS Act?
Where can I find Coherent's latest financial results?
What is the significance of Coherent's VCSEL technology development?
Who can I contact for more information about Coherent?
Where is Coherent Corp. headquartered?
What industries does Coherent serve?
