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 announced the launch of the industry's first single-mode (SM), polarization-maintaining (PM) erbium-ytterbium co-doped optical fiber. This innovation supports high-power 1550 nm, narrow linewidth, and single-frequency amplifiers with >20 W average power capabilities. The fiber features a 130 µm geometry made possible by Coherent's proprietary manufacturing technology, merging high-power performance with superior beam quality. It is designed for quantum computing and coherent LiDAR research, also enhancing the power scalability of current single-frequency amplifier systems. Coherent offers precision-matched passive fibers and a range of customizable erbium-ytterbium co-doped fibers to suit various applications. The PM-EYDF-10P/130-XPH and matching passive optical fiber products are available immediately.
Coherent Corp. (NYSE: COHR) will host an Instrumentation Market Overview webcast on May 14, 2024, at 10:00 a.m. ET. The company delivers breakthrough technologies in materials and systems for diversified applications. Coherent has global facilities and focuses on industrial, communications, electronics, and instrumentation markets.
Coherent Corp. reported its third-quarter fiscal year 2024 financial results. The results are available in a letter to shareholders on the company's Investor Relations website. A conference call will be held on May 7, 2024, to discuss the results. Coherent is a global leader in materials, networking, and lasers, empowering market innovators through breakthrough technologies.
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?
