Coherent Corp. - COHR STOCK NEWS

Coherent Corp. (NYSE: COHR) will showcase new products and technologies for next-generation optical communications networks at ECOC 2024 exhibition, September 23-25 at the Messe Frankfurt, Booth #A10. Key highlights include:

1. Industry's first L-band 800G ZR/ZR+ pluggable transceivers
2. Uncooled dual chip 2x480mW 980nm micro pump laser module
3. Novel analog optical multi-link modules
4. Demonstrations of 1.6T-DR8 OSFP transceiver, 800G-DR4 OSFP transceiver, and L-band 800G QSFP-DD DCO pluggable transceiver
5. New high port count WaveShaper® 32000B and 30002B

Coherent thought leaders will present at panels, technical sessions, and workshops, covering topics such as massively parallel optical transceivers, intra-datacenter connectivity, and advances in optical components for datacom and telecom transceivers.

Coherent Corp. (NYSE: COHR) has announced plans to demonstrate two advanced transceiver modules at the European Conference on Optical Communication (ECOC) 2024 in Frankfurt, Germany, from September 23-26. The company will showcase:

1. 1.6T-DR8 Transceiver: An OSFP module with eight 200 Gbps lanes, totaling 1.6 terabits per second capacity. It uses NVIDIA's DSP and Coherent's silicon photonics technology, designed for AI and networking applications with a 500-meter range.

2. 800G-DR4 Transceiver: An OSFP module with eight 100 Gbps electrical lanes and four 200 Gbps optical lanes. It employs Coherent's proprietary 200G differential EML technology for enhanced signal integrity over 500 meters.

These demonstrations highlight Coherent's commitment to innovation across multiple optical technologies, addressing the growing demands of data centers and network operators transitioning to faster architectures.

Coherent Corp. (NYSE: COHR) has announced the alpha availability of its innovative analog optical multi-link modules with a detachable land grid array (LGA) interface. These modules support next-generation analog optical links up to the Ka-band for both terrestrial and space applications, focusing on radio frequency over fiber (RFoF) solutions. The new product platform addresses the growing demand for higher-frequency RF links in space and aerospace applications, offering benefits such as reduced weight, higher link gain, and increased robustness against interference.

The modules enable high-throughput RF links to operate at the Ka-band, replacing traditional copper and coax-based RF links with optical solutions. They support link lengths extending to several kilometers and are designed for low power consumption. Alpha samples are currently available, with general availability expected in late 2025. Coherent will showcase these modules at the European Conference on Optical Communications (ECOC) in Frankfurt, Germany, from September 22-26, 2024.

Coherent Corp. (NYSE: COHR) has unveiled an uncooled dual-chip 980 nm micro-pump laser delivering a powerful 2x400 mW output in a compact 3-pin module. This industry-first innovation is designed for next-generation coherent transceivers in data center interconnects and compact amplifiers for metro and long-haul networks. The laser operates efficiently in space- and power-constrained environments, with temperatures ranging from -20 to 85 degrees Celsius, consuming less than 2 W of power. It features an internal fiber grating for wavelength stabilization and a reduced-clad, bend-insensitive 80 μm single-mode fiber, supporting a 5 mm bending radius. The ultra-compact device measures just 10 mm x 4.4 mm. Samples are available now, with qualification and volume production scheduled for Q1 CY2025.

Coherent Corp. (NYSE: COHR) has announced the industry's first L-band 800 Gbps coherent pluggable transceiver in a QSFP-DD form factor. This innovative product will be showcased at ECOC 2024 in Frankfurt, Germany. The new standardized 800G ZR/ZR+ pluggable module allows disaggregation, supporting an open ecosystem in a smaller and more efficient form factor.

Key features include:

• Expansion from C-band to L-band, doubling fiber capacity from 32 Tbps to 64 Tbps
• High optical output power for best-in-class transmission performance
• Availability in both QSFP-DD and OSFP form factors
• Cost reduction of more than 400% by eliminating additional optical equipment
• Customer sampling to begin in Q4 2024

Coherent Corp. (NYSE: COHR) has been selected for Phase 3 of the IARPA RESILIENCE program, focusing on developing high-energy rechargeable lithium-sulfur (Li-S) batteries. This follows their successful completion of Phase 2 in June 2024. The program aims to create reliable power sources for extreme environments and secure domestic supply chains for battery materials. Coherent's proprietary chalcogen immobilization technology has shown promising results, delivering exceptional energy density, fast charge/discharge capabilities, and unprecedented calendar life.

In Phase 3, Coherent will transition from R&D to producing pre-commercial, manufacturable battery samples for rigorous testing. The company's Li-S technology is built on a strong patent portfolio, enabling sulfur cathodes to operate near theoretical capacity with high cycle stability and efficiency. Coherent will execute Phase 3 under a 12-month, $2.45 million contract with IARPA.

Coherent Corp. (NYSE: COHR) has expanded its optical communications test portfolio with new high-port-count instruments in the WaveShaper family and enhanced offerings in the WaveMaker family. The new products include:

1. WaveShaper® 32000B and 32002B reconfigurable optical processors, available in Super-C and Super-C plus Super-L band configurations.

2. WaveMaker® 500A programmable optical spectrum generator for Super-C band applications.

These instruments offer full programmability of attenuation and phase across the spectrum, with a high port count of 1x31. They support various configurations and cover up to 12.5 THz, meeting the growing demand for advanced optical systems in meshed network topologies. The WaveMaker 500A enhances transceiver and amplifier testing with over 20 dBm of optical output power.

Coherent Corp. (NYSE: COHR) has launched a new family of high-efficiency continuous wave (CW) distributed feedback (DFB) lasers for silicon photonics transceiver modules. These indium phosphide (InP) lasers are designed to operate in the O-band (1310 nm region) and offer 15% greater power efficiency than current industry standards. The first product, a 70 mW 1310 nm laser, will begin commercial shipments in September 2024.

Key features include:

• Uncooled, non-hermetic operation up to 85°C junction temperature
• Exceptional reliability due to aluminum-free active quantum-well region
• Planned expansion to a 6-inch InP fab in Sherman, Texas, by 2026, increasing production capacity by 5x

These lasers address the growing bandwidth demands in AI-driven data centers and are important for 800G and 1.6T optical transceivers.

Coherent Corp. (NYSE: COHR) reported its Q4 and full-year fiscal 2024 results, showing significant growth and improvement. Q4 revenue reached $1.314 billion, up 9.1% year-over-year. The company's Q4 GAAP gross margin improved to 32.9%, a 437 bps increase Y/Y, while non-GAAP gross margin rose to 37.2%, up 132 bps Y/Y. Q4 GAAP EPS improved by $1.02 Y/Y to ($0.52), and non-GAAP EPS grew 49% Y/Y to $0.61. For the full fiscal year 2024, revenue was $4.708 billion. The company saw strong growth in AI-related Datacom transceiver business and achieved a milestone of shipping over 300 million Datacom transceivers from its Malaysia facility.