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Coherent Corp. - COHR STOCK NEWS

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.

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Coherent Corp. (Nasdaq: COHR) appointed Dr. Julie Sheridan Eng as Chief Technology Officer. Previously, she served as Senior VP and General Manager of Optoelectronic Devices and Modules. Dr. Eng's role will focus on driving future technology platforms, addressing long-term market trends, and enhancing sustainable growth. Her extensive experience includes leadership roles at Finisar Corporation, where she oversaw the launch of more than 180 fiber-optic transceiver products. Eng holds multiple degrees in Electrical Engineering and Physics, along with numerous patents and industry accolades.

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Coherent Corp. (NASDAQ: COHR) partners with Windstream Wholesale and Nokia to successfully integrate a 400 Gig, 0 dBm QSFP-DD coherent pluggable module into Nokia's routers, enhancing Windstream’s ICON network strategy. This integration drastically reduces operational costs by eliminating the need for intermediate DCI boxes, while increasing 400G transceiver density. The partnership underscores a commitment to open networking standards and improves overall network reliability. This innovation represents a significant step toward evolving optical and packet networking.

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On October 17, 2022, Coherent Corp. (Nasdaq: COHR) introduced HIGHvision, an advanced machine vision system designed for laser welding heads, targeting the electric vehicle (EV) battery and motor manufacturing sectors. This system enhances manufacturing efficiency through ultrahigh accuracy and rapid alignment, subsequently reducing costs and improving welding throughput. HIGHvision is compatible with Coherent's HighLight FL-ARM lasers and encompasses a growing library of processing applications, including for battery and motor components. Coherent will display this innovation at EuroBLECH 2022.

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Coherent Corp. showcased its latest innovations in optical communications at ECOC 2022 in Basel, Switzerland, from Sept. 19-21. Key presentations included topics on 800G and 1.6T upgrades and advanced ROADM architectures. Live demonstrations featured products like the 200G EML for transceiver modules, 800G Active Optical Cables, and innovations supporting short-reach interconnects. Coherent continues to enhance its portfolio for telecom and datacom networks, focusing on efficiency and advanced optical technologies.

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Semtech Corporation (SMTC) announced a collaboration with Coherent Corp (COHR) to demonstrate their 200G optical solutions at ECOC 2022, highlighting innovative interoperability of Semtech’s FiberEdge 200G PAM4 EML driver with Coherent’s 200G EML. The joint solution aims to enhance data center applications with high-performance and low-distortion capabilities, paving the way for future terabit transceiver technologies. The demonstration will take place in Basel, Switzerland, showcasing advancements that signify a commitment to innovation in high-speed optical markets.

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Coherent Corp. (Nasdaq: COHR) has launched its ultrahigh-resolution telemetry module (UHR-OCM) aimed at enhancing performance monitoring in optical transport systems capable of 800G transmission and beyond. This module supports the increasing demand for advanced communications equipment as internet traffic surges. The UHR-OCM provides high-resolution spectral scans crucial for optimizing the performance of reconfigurable optical add-drop multiplexers. The company will showcase this technology at ECOC 2022 in Switzerland from Sept. 19-21.

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Coherent Corp. (Nasdaq: COHR) has launched its new 200 Gbps electro-absorption modulated lasers (EMLs) aimed at enhancing high-speed datacenter transceivers. The demand for advanced 400G, 800G, and future 1.6 Tbps transceivers is driving this innovation. The new EML devices promise high reliability and signal integrity for transceivers operating at 800 Gbps and 1.6 Tbps. Coherent's technology has a proven track record with over 100 million lasers deployed, positioning it as a competitive force in the optical communications industry.

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Coherent Corp. (Nasdaq: COHR) announced the launch of its I-Temp micro-pump lasers designed for harsh environments in broadband optical access networks. These lasers operate within a temperature range of -40 to 85 degrees Celsius and consume less than 2 W of power while maintaining a steady output of 400 mW. They are ideal for installations in confined spaces, such as utility poles, where equipment must be resilient to extreme weather. Coherent will showcase these innovations at ECOC 2022 in Switzerland.

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FAQ

What is the current stock price of Coherent (COHR)?

The current stock price of Coherent (COHR) is $97.67 as of December 20, 2024.

What is the market cap of Coherent (COHR)?

The market cap of Coherent (COHR) is approximately 14.9B.

What does Coherent Corp. specialize in?

Coherent Corp. specializes in engineered materials, optoelectronic components, and products used across various sectors, including industrial, optical communications, military, semiconductor, consumer, and life sciences applications.

What are the main segments Coherent operates in?

Coherent operates in two main segments: Photonic Solutions Segment, which leverages II-VI's compound semiconductor technology platforms, and Compound Semiconductors Segment, known for its leadership in differentiated materials and devices.

What recent innovations has Coherent introduced?

Recent innovations include the 800 Gbps coherent transceiver module in QSFP-DD form factor and advancements in VCSEL technology for next-generation optical interconnects.

What is the significance of Coherent's 6-inch indium phosphide wafer fabrication?

The 6-inch indium phosphide wafer fabrication increases production capacity and reduces die costs for InP optoelectronic devices, enhancing competitiveness in communications and sensing markets.

How much funding did Coherent secure from the CHIPS Act?

Coherent secured $15 million in funding from the CHIPS Act to accelerate the commercialization of wide- and ultrawide-bandgap semiconductors.

Where can I find Coherent's latest financial results?

Coherent's latest financial results are available on the Investor Relations section of their website at coherent.com.

What is the significance of Coherent's VCSEL technology development?

Coherent's VCSEL technology development enables significant bandwidth improvements, allowing for optical interconnects operating at 200 Gbps per lane and optical transceivers with 1.6 Tbps capacity.

Who can I contact for more information about Coherent?

For more information, you can contact Amy Wilson, Manager of Corporate Communications, at corporate.communications@coherent.com.

Where is Coherent Corp. headquartered?

Coherent Corp. is headquartered in Saxonburg, Pennsylvania.

What industries does Coherent serve?

Coherent serves various industries including industrial, optical communications, military, semiconductor, consumer, and life sciences applications.

Coherent Corp.

Nasdaq:COHR

COHR Rankings

COHR Stock Data

14.86B
152.77M
1.19%
94.77%
3.69%
Scientific & Technical Instruments
Optical Instruments & Lenses
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United States of America
SAXONBURG