Coherent Aktie News

PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today announced a $500,000 sponsorship of two educational initiatives targeted to increase diversity, equity, and inclusion (DEI) in entrepreneurship, innovation, and advanced technology: the HBCU/MI Entrepreneurship & Innovation initiative by Leadership Needed Foundation a...

Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Use to 70%, and Joins the Responsible Business Alliance Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Use to 70%, and Joins the Responsible Business Alliance

PITTSBURGH, April 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter ended March 31, 2024, in a shareholder letter posted on Coherent's website at coherent.com/company/investor-relations after market close on Monday, May 6. Coherent's management will h...

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

Coherent announced it will provide on loan a demonstration mirror developed for the James Webb Space Telescope to the Space Foundation Discovery Center.

Coherent is experiencing strong demand and interest for their 800g transceiver technology due to AI/ML application adoption. Despite traditional networking equipment's headwinds, higher gig rate equipment will drive growth in e2H24-2025. Management expects significant growth in datacom, with 800g transceiver sales projected to reach $450 million in e2H24, up from $150mm in 1H24.

PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications components and subsystems, announced today that it will showcase its new products and technologies for next-generation optical communications networks at OFC 2024, March 26-28 at the San Diego Convention Center, Booth #3412. Coherent thought leaders will present at panels, techn...

SUNNYVALE, Calif.--(BUSINESS WIRE)--Juniper Networks®, (NYSE: JNPR), a leader in secure, AI-Native Networking, is collaborating with Coherent Corp. (NYSE: COHR), a leader in compound semiconductors and high-speed optical networking technology, and Marvell Technology Inc., a leader in data infrastructure semiconductor solutions, to present the first public demonstration of their 800ZR solution f...