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Recently, laser giant Coherent (COHR) released an announcement.Coherent Corporation announced that President Walter R. Bashaw II will resign on September 6, 2024, due to a company restructuring that resulted in the cancellation of his position.His resignation is classified as a 'Good Reason' termination, which ensures that he will receive full severance compensation in accordance with existing com...
Laser technology is becoming a game changer in the field of satellite communication (SATCOM), capable of creating ultra secure networks that can transmit large amounts of data at unprecedented speeds through satellite networks and constellations.With continuous progress, the industry is ready for growth and collaboration, seizing the untapped potential of disconnected populations. The ability to h...
Recently, Coherent LaserSystems, the global leader in laser and photon solutions, and Fraunhofer IZM-ASSID jointly announced that they have reached a strategic partnership to develop and optimize alternative bonding and debonding technologies for advanced CMOS and heterogeneous integrated applications (including quantum computing), in which laser technology plays a crucial role. It is reported t...
On August 16, Coherent, an American laser system solutions provider, announced its fiscal year 2023 and fourth quarter results for the year ended June 30, 2023. This is also the first annual report released after the merger of II-VI and Coherent.Fiscal year 2023 revenueCoherent reported revenue of $5.16 billion for the full fiscal year 2023, up 56% year over year.By business unit, the Networking b...
Recently, Pentium Laser and Shenzhen Chuangxin Laser launched the world's first 85000W laser cutting machine, once again breaking the record for the highest power in the cutting field.Zhang Qingmao, Director of the Laser Processing Committee of the Chinese Optical Society, Xu Xia, rotating CEO of Pentium Group, Cai Liang, Director of the Final Inspection Department of Pentium Laser Manufactu...