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 ...

PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launch of the EDGE FLTM high-power fiber laser series, tailored for cutting applications in the machine tool industry. Available with power levels from 1.5 kW to 20 kW, the EDGE FL series redefines the balance between value and performance, targeting the growing demand for high-power, reliable laser sources in fiber laser cutting. As global markets drive the demand for hi ...

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. ...

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 ...

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 ...

Core Points - Coherent Corp. has been awarded the Excellence in Sustainability Award by KLA, recognizing its sustainability efforts within the KLA Supply Chain Sustainability program [1][2] - The award was presented during the KLA Supplier Day event on October 8, 2024, highlighting the importance of collaboration in achieving sustainability goals [1][2] - Coherent's commitment to sustainability is reflected in its corporate responsibility standards and ongoing initiatives aimed at reducing environmental impacts [3] Company Overview - Coherent is a leader in photonics solutions for the semiconductor industry, focusing on delivering innovations across various markets including industrial, communications, electronics, and instrumentation [4] - The company operates globally with research and development, manufacturing, sales, service, and distribution facilities [4]

Coherent (NYSE: COHR ) stock has seen major upside momentum over the last 12 months as financial results have seen improvement, demand for AI-driven data center optical transceiver sales has picked up, other business lines are showing improvements, and a new CEO To follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning w ...

PITTSBURGH, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the sale of its manufacturing facility in Newton Aycliffe, County Durham, UK. The sale is part of the company's ongoing efforts to streamline operations and optimize its global footprint. "Divesting the Newton Aycliffe plant is part of our effort to optimize our portfolio and streamline our operations, which allows us to focus our investment and capital on the are ...

PITTSBURGH, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and laser technologies, announced today the launch of its 200 mm silicon carbide epitaxial wafers (SiC epi-wafers). Substrate and epi-wafer shipments from the company at 350 micron and 500 micron thickness are now underway. As a dedicated manufacturer of both SiC substrates and epitaxial wafers, Coherent combines these elements to deliver exceptional quality, performance, and reliability. Th ...

PITTSBURGH, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it has won the 2024 ECOC Exhibition Industry Award for Best Product in the Data Center Innovation category for its Datacenter Lightwave Cross-Connect (DLXTM) Optical Circuit Switch. "We are honored that our innovative product has received the prestigious ECOC Exhibition Industry Award," commented Dr. Sanjai Parthasarathi, Chief Marketing Officer. "This acknow ...