chanelink logo
CHANELINK
Nederlands

Industrial laser giant Coherent receives $33 million investment

297
2024-12-12 11:56:48
Bekijk vertaling

Recently, according to media reports, industrial laser giant Coherent has signed a "preliminary terms memorandum" with the US Department of Commerce, which will receive up to $33 million in investment under the Chip and Science Act.

It is reported that the funds will mainly be used to support the modernization and expansion project of the cutting-edge manufacturing cleanroom in Coherent's existing 700000 square foot factory area, to build a 150mm indium phosphide (InP) production line, and to increase the production capacity of InP devices by introducing advanced wafer manufacturing process equipment.

Currently, InP optoelectronic devices have been widely used in data communication, telecommunications transceivers, and artificial intelligence (AI) infrastructure, while also penetrating into multiple fields such as consumer electronics sensors, healthcare, and automobiles, becoming a key element in promoting modern information technology innovation and industrial upgrading.

On November 6th, Coherent released its first quarter performance report for the fiscal year 2025. The report shows that as of September 30th, the company's revenue was 1.35 billion US dollars, a year-on-year increase of 28.0%, mainly due to the booming development of artificial intelligence data centers.

The Coherent factory was originally built by Texas Instruments for the production of silicon devices and was acquired by InP device manufacturer Finisar in 2017. The plan was to produce vertical cavity surface emitting laser (VCSEL) arrays, which Apple hoped to integrate into the face recognition sensor of the newly launched iPhone X.

It is worth mentioning that Coherent's goal is to establish the most advanced production process on InP wafers with a diameter of 150 millimeters, which is a big step higher than the production processes that could be achieved elsewhere at that time, thus achieving economies of scale.

In 2019, Finisar merged with II-VI. Subsequently, in 2022, II-VI completed the acquisition of Coherent and changed the company name to Coherent Corp. thereafter.

Source: Yangtze River Delta Laser Alliance

Gerelateerde aanbevelingen

  • BMW uses WAAM 3D printing to optimize derivative designs

    BMW explained how to use WAAM (Arc Additive Manufacturing) starting from 2025 to manufacture lighter and stronger automotive components and reduce waste generation, in order to optimize the use of generative design tools.The demonstrated WAAM process uses aluminum wire raw materials directly deposited through laser welding heads, enabling automotive companies to manufacture lighter and more robust...

    2024-04-13
    Bekijk vertaling

  • 330 million US dollars! This laser ophthalmic treatment developer has been acquired

    Recently, according to a report submitted by BioLight to the Tel Aviv Stock Exchange, Swiss American pharmaceutical and medical device giant Alcon Pharmaceuticals is acquiring Israeli medical technology company Belkin Vision.It is reported that BioLight will sell its 4% stake in Belkin Vision, which may be worth up to $330 million based on the milestones established in the transaction.Belkin Visio...

    2024-05-06
    Bekijk vertaling

  • Europe builds an independent supply chain for Alexander laser crystals for space missions and atmospheric research

    Recently, companies from Lithuania, Italy, and Germany have reached a new milestone in the European independent space mission - based on the Galactic project, they have developed a supply chain for Alexandrite laser crystals in Europe to study changes in the atmosphere and Earth's surface.The high-power Alexander laser crystals and coatings developed in the GALACTIC project will be used to collect...

    2023-12-22
    Bekijk vertaling

  • New progress in in-situ identification and quantitative research of methane carbon isotopes in the ocean

    Recently, Zhang Xin's research team from the Institute of Oceanography, Chinese Academy of Sciences, based on the in-situ laser Raman spectroscopy technology, made new progress in the in-situ recognition and quantification of methane carbon isotopes by using the significant differences in the Raman spectra of methane carbon isotopes (13CH4 and 12CH4). The relevant results were recently published i...

    2023-10-13
    Bekijk vertaling

  • Cambridge scientists have achieved the long-sought quantum state stability in new 2D materials

    Scientists at the Cavendish laboratory have discovered the spin coherence of hexagonal boron nitride (hBN) under normal conditions, providing new prospects for the application of quantum technology.Researchers at Cavendish Laboratory have found that a single "atomic defect" in a material called hexagonal boron nitride (hBN) maintains spin coherence at room temperature and can be manipulated using ...

    2024-05-27
    Bekijk vertaling