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Coherent Commences Review of Strategic Alternatives for Its Lithium Sulfur Battery Platform
GlobeNewswire News Room· 2024-10-28 20:30
PITTSBURGH, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that it is evaluating strategic alternatives for its battery technology platform. The platform encompasses a suite of cathode, electrolyte, and cell technologies built around the breakthrough sulfur immobilization technology developed by Coherent over the past decade. Cells based on immobilized sulfur cathodes have achieved industry-leading performance, finally unl ...
Billionaire Stanley Druckenmiller Sold Nvidia Stock: Here's What He Is Buying Instead
The Motley Fool· 2024-10-26 15:30
The legendary investor is moving his capital into two different emerging categories. One stock is already up big for him. Stanley Druckenmiller has sold out of Nvidia (NVDA 0.80%). Saying he regrets selling the stake too early for his Duquesne Family Office, one of the best investors ever confirmed he has gotten out of the high-flying artificial intelligence (AI) stock at around $80-$95 earlier this year. While he is now watching from the sidelines, Druckenmiller was along for much of the 500% gains in Nvid ...
Coherent Introduces ARM FL20D Fiber Laser, Setting New Standards for High-Power Welding
GlobeNewswire News Room· 2024-10-25 05:00
Image 1: ARM FL20D fiber laser system. PITTSBURGH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of the ARM FL20D fiber laser. This new offering in the highly successful ARM laser family features a new higher power level of 20 kW and a unique dual ring beam configuration. Representing a significant advance in welding capability, the ARM FL20D enables faster speeds and improved quality in a wide range of applications. The uniqu ...
Coherent Corp. Announces Timing of First-Quarter Fiscal 2025 Earnings Release
GlobeNewswire News Room· 2024-10-24 04:30
PITTSBURGH, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced today that it will release first-quarter fiscal 2025 financial results on Wednesday, November 6, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results. The Company invites investors to join the live audio webcast at coherent.com/company/investor-relations/ ...
Coherent Introduces Versatile 2D Cutting Head for Lasers Up to 12 kW
GlobeNewswire News Room· 2024-10-23 04:31
Image 1: CUT12 sheet metal laser cutting processing head. PITTSBURGH, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launch of a new 2D laser cutting head that offers an exceptional mix of performance, versatility, and value to the global flat sheet cutting market. The new CUT12 is compatible with fiber lasers in the 4 kW to 12 kW (CW) power range and operates at a maximum numerical aperture (NA) of 0.15, thus enabling it to uti ...
Coherent Announces Radical New Fiber Laser Platform
GlobeNewswire News Room· 2024-10-22 05:30
文章核心观点 - 公司推出了EDGE FL高功率光纤激光器系列,针对机床行业的切割应用 [1][2][3] - 该系列产品在性能和价格之间实现了平衡,满足了市场对高功率和可靠激光系统的需求 [1][3] - 公司利用自身在激光技术和部件方面的专业优势,从头设计了这款光纤激光器 [3] 产品特点总结 - 性价比卓越:提供行业领先的性能,同时价格具有竞争力 [2][3] - 功率范围广泛:从1.5kW到20kW,适用于各种切割应用 [2][3] - 光束质量优秀:确保精准切割和出色的工艺控制 [2] - 能源效率高:降低运营成本和环境影响 [2] - 集成切割方案:为机床制造商提供全面解决方案 [2][3] 公司背景 - 公司是全球工业激光技术的领导者 [1] - 公司拥有全球制造和支持能力,为全球机床制造商提供卓越的价值和性能 [3] - 公司在激光器关键部件方面拥有深厚的专业知识,这使得新产品的推出成为可能 [3]
Coherent Appoints Rob Beard as Chief Legal and Global Affairs Officer
GlobeNewswire News Room· 2024-10-21 23:31
PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Rob Beard as the Company’s new Chief Legal and Global Affairs Officer, and Corporate Secretary, effective today. Rob replaces current Chief Legal Officer Ron Basso, who is retiring. The Company has also promoted Marie Batz Martin to Chief Compliance Officer, reporting to Rob. Mr. ...
Coherent Announces New Employee Inducement Grants Under NYSE Rule 303A.08
GlobeNewswire News Room· 2024-10-17 04:35
PITTSBURGH, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company") (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that the Company made awards of restricted stock units ("RSUs") and performance stock units ("PSUs") to its new Chief Financial Officer and Treasurer, Sherri R. Luther, effective on her start date, October 11, 2024. The awards were made pursuant to the Company's previously announced offer letter agreement with Ms. Luther, and as a material inducemen ...
Coherent Appoints Sherri Luther as Chief Financial Officer
GlobeNewswire News Room· 2024-10-11 20:19
PITTSBURGH, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the "Company" or "Coherent") (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Sherri Luther as the Company's new Chief Financial Officer and Treasurer, effective today. Ms. Luther joins Coherent from Lattice Semiconductor ("Lattice"), where she was Chief Financial Officer since 2019. Before Lattice, Ms. Luther spent 16 years at Coherent, Inc., prior to its ...
Coherent Awarded Excellence in Sustainability Award from KLA
GlobeNewswire News Room· 2024-10-11 05:00
PITTSBURGH, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics solutions for the semiconductor industry, is proud to announce that it has been awarded the Excellence in Sustainability Award by KLA. This recognition highlights achievements by Coherent for sustainability efforts as part of the KLA Supply Chain Sustainability program. Coherent executives were present to receive the award, presented at the KLA Supplier Day event on October 8. "We are honored to receive t ...