United States

Profile: Coherent Inc (COHR.O)

COHR.O on Nasdaq

21 May 2019
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Coherent, Inc., incorporated on January 11, 1989, is a photonics manufacturer. The Company is engaged in designing, manufacturing, servicing and marketing of lasers and related accessories for a range of scientific, commercial and industrial applications. The Company operates through two segments: Specialty Lasers and Systems (SLS) and Commercial Lasers and Components (CLC). The Specialty Lasers and Systems segment develops and manufactures configurable products serving the microelectronics, scientific research and government programs, and original equipment manufacturer (OEM) components and instrumentation markets. The Commercial Lasers and Components segment focuses on higher volume products that are offered in set configurations. The product architectures are designed for exchange at the point of use such that substantially all product service and repairs are based upon advanced replacement and depot (that is factory) repair. CLC's primary markets include materials processing, OEM components, and instrumentation and microelectronics.

The Company offers a portfolio of carbon dioxide (CO2) and carbon monoxide (CO) lasers, diode laser systems and fiber lasers, laser cutting and machining tools, continuous wave (CW) solid state, diode lasers, diode-pumped solid-state lasers (DPSS), excimer lasers and ultra violet (UV) beam delivery, ion lasers, three dimensional (3D) profiling lasers, tunable lasers, industrial short-pulse lasers and ultrafast lasers for science. These products address a range of applications, which are grouped into various markets, including microelectronics, materials processing, OEM components and instrumentation, and scientific research and government programs. The markets in the microelectronics industry that are supported by the Company include flat panel display (FPD) manufacturing, advanced packaging and interconnects (API) and semiconductor front-end (SEMI). It manufactures a range of DPSS lasers for different applications, including semiconductor inspection; advanced packaging and interconnects; laser pumping; spectroscopy; bio-agent detection; Deoxyribonucleic acid (DNA) sequencing; drug discovery; flow cytometry; forensics; computer-to-plate printing; entertainment lighting (display); medical; rapid prototyping and marking, welding and engraving.

The CO2 and CO lasers of the Company are available in a range of models, with output powers ranging from 20 watts (W) to 1000W. These laser solutions are used in commercial, industrial and military applications. The CO2 and CO laser products include CO Laser - 5um, DIAMOND J-Series, DIAMOND C-Series, DIAMOND E-Series and DIAMOND GEM-Series. The Company's laser cutting and machining tools are used to cut a range of materials from metals, plastics and composites to paper, ceramics and wood. Its products include META 1.5C, META 2C, META 4C and META 10C. The Company's CW product portfolio includes diode modules and diode-pumped solid-state lasers and optically pumped semiconductor lasers (OPSL) technologies with fiber pigtailed, single frequency and modulated packaging options. Its products include Genesis Lasers, Genesis CX-Series, Genesis Taipan-Series, Compass 115M and OBIS Power Supply.

The Company offers diode lasers in a range of wavelengths, power and package configurations. The product offerings include unmounted bars and chips, packaged bars, horizontal arrays, vertical stacks, fiber coupled diodes, line sources and full turnkey diode systems. It offers its products with various wavelengths, including 780-830 nanometer (nm), 880nm, 915-980nm, 1060nm and 1400-1500nm. The diode lasers' product portfolio includes Fiber Coupled Laser Series, G-Stack Diode Lasers, Horizontal Arrays, Conduction Cooled Package (CCP) and Single Emitter Diode Lasers. The Company's diode-pumped solid-state portfolio includes pulsed and short-pulsed Q-switched, modelocked and CW lasers that enable a range of materials processing, scientific and life sciences applications. The products include CW Solid-State Lasers, Industrial Short-Pulse Lasers, Industrial Picosecond, Mephisto Lasers, Compass Lasers and Paladin Compact 355.

The Company's excimer lasers and UV beam delivery product portfolio includes ExciStar XS, IndyStar, GeoLasHD, LineBeam and VarioLas Family. The ion lasers' product portfolio includes INNOVA 300C, INNOVA 70C, INNOVA FreD and INNOVA Sabre. The industrial short-pulse lasers include nanosecond lasers, picosecond lasers and femtosecond lasers. The ultrafast lasers portfolio includes Ultrafast Amplifiers and Ultrafast Oscillators.

The Company participates in the low to medium power area for applications such as cutting, drilling and joining of a host of materials using DIAMOND CO and CO2 lasers, and Highlight FAP semiconductor lasers in OEM opportunities and direct end-user applications with META cutting tools. In specific areas of textiles and clothing, the Company's DIAMOND lasers service applications, such as cutting complex shapes in leather for footwear, creating detailed fade patterns on designer denims. The Company offers a range of components and lasers to medical laser companies in end-user applications, such as ophthalmology, aesthetic, surgical, therapeutic and dentistry.

The Company's semiconductor business provides higher power arrays with powers in excess of 50 kilowatts through cooling and stacking technology. This technology provides the engine for both highlight direct diode systems as well as highlight multi-kilowatt class fiber lasers. The Company's portfolio of lasers that address the scientific research market include Chameleon, COMPexPro, Evolution, Fidelity, Legend, Libra, MBD, MBR, Monaco, Vitara, Mira and Verdi lasers.

The Company competes with CVI Melles Griot, Novanta Inc., IPG Photonics Corporation, Lumentum Holdings Inc., MKS Instruments, Inc. and Trumpf GmbH.

Company Address

Coherent Inc

5100 Patrick Henry Dr
SANTA CLARA   CA   95054
P: +1408.7644000
F: +1408.7644800

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