logo
Coherent Launches Industry-First 793nm Pump Laser Diode with Record 28W Power and 97% Polarization Purity

Coherent Launches Industry-First 793nm Pump Laser Diode with Record 28W Power and 97% Polarization Purity

PITTSBURGH, March 12, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), the leader in advanced laser technology, is proud to announce the launch of its groundbreaking 793nm pump laser diode, setting a new industry standard with an impressive 28W of reliable power and 97% polarization purity. This innovative product offers unmatched performance and cost-efficiency, unlocking new possibilities for applications in the rapidly growing Thulium fiber laser market.
A Game-Changer in Thulium Fiber Laser Technology
The increasing adoption of Thulium fiber lasers in medical applications has transformed patient care, offering a safer, more comfortable treatment experience with faster recovery times. With the market for Thulium fiber lasers projected to grow significantly, the new 793nm chip from Coherent is poised to meet the growing demand by enhancing laser performance, optimizing treatment time, and providing cost-effective solutions as well as enabling new applications beyond the medical market.
An Innovative Solution for the Market's Needs
The new 793nm chip is a perfect match for the growing needs of Thulium fiber laser systems. It enables higher power pumping, which translates to increased fiber laser power. In the medical market this allows for shorter treatment times and better patient outcomes; beyond the medical market, it enables new industrial applications as well. Additionally, the chip's remarkable polarization purity delivers a more efficient pump design, boosting overall system efficiency and reducing operational costs. This combination of higher power and higher efficiency ensures that Thulium fiber lasers can continue to evolve, providing superior performance.
Setting a New Standard in Power and Polarization Purity
'We are proud to introduce a class-leading chip that combines unprecedented power and polarization purity, pushing the boundaries of what Thulium fiber lasers can achieve,' said Karlheinz Gulden, Senior Vice President, Laser Components and Subsystems at Coherent. 'Our new 793nm chip enables laser systems to be more powerful, efficient, and cost-effective, which will have a profound impact on the growing Thulium fiber laser market.'
Complementary Technologies and Future Innovations
The new 793nm chip complements the broad portfolio that Coherent offers, including fiber-coupled diode laser modules, Thulium-doped fibers and optics, contributing to a complete, cutting-edge solution for laser systems. Our Fiber Laser business unit is also working on Thulium Fiber Lasers that incorporate these chips, offering an integrated approach for customers seeking next-generation laser technology.
Product Availability and Next Steps
The new 793nm chip is available today, marking a major milestone for Coherent and its customers. As the company continues to innovate in the field of laser components and subsystems, we are committed to supporting the growing demand for advanced laser technologies that improve patient outcomes and drive industry progress.
] or contact our sales team.
Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at coherent.com.
Media Contact:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MCD vs. TXRH vs. CAVA: Which Restaurant Stock Has the Highest Upside Potential?
MCD vs. TXRH vs. CAVA: Which Restaurant Stock Has the Highest Upside Potential?

Business Insider

time2 hours ago

  • Business Insider

MCD vs. TXRH vs. CAVA: Which Restaurant Stock Has the Highest Upside Potential?

Macro uncertainties and tariff-led pressure on costs are expected to continue to weigh on the performance of restaurant chains. While ongoing headwinds could impact restaurant stocks over the near term, analysts remain optimistic about the long-term growth prospects of several restaurant stocks. Using TipRanks' Stock Comparison Tool, we placed McDonald's (MCD), Texas Roadhouse (TXRH), and CAVA Group (CAVA) against each other to find the restaurant stock that has the highest upside potential, according to Wall Street. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. McDonald's (NYSE:MCD) Stock McDonald's stock has risen about 15% over the past year, but is essentially flat on a year-to-date basis. The fast-food chain reported mixed results for the first quarter of 2025, largely due to a challenging macroeconomic backdrop. In fact, U.S. same-store sales fell for the second straight quarter, posting the largest decline (down 3.6% in Q1 2025) since the onset of the COVID-19 pandemic. Unfavorable weather and cautious consumer spending impacted McDonald's sales in the first quarter. Nonetheless, McDonald's reaffirmed its full-year guidance, reflecting resilience in a tough backdrop. The company stated that it is working on improving its performance by focusing on value meals, menu innovation, and product launches such as McCrispy Chicken Strips and the reintroduction of snack wraps. Is McDonald's Stock a Buy, Sell, or Hold? Last week, UBS analyst Dennis Geiger reiterated a Buy rating on McDonald's stock with a price target of $350. The 4-star analyst believes that the pullback in the stock, combined with encouraging U.S. sales in the second half of 2025, makes MCD an attractive pick. The analyst sees a 'reasonably limited' downside in MCD stock, as he believes that it is a quality business positioned for multi-year market share gains. While Geiger agreed that consumer defensives are out of favor and quick service restaurant (QSR) sales trends and stocks continue to be under pressure, he expects to see share gains as U.S. and International trends improve. He added that McDonald's appears well-positioned to deliver strong same-store sales in the second half of 2025, driven by new products, value initiatives, and marketing plans, even as lower and middle-income spending pressure could persist. Currently, Wall Street has a Moderate Buy consensus rating on McDonald's stock based on 12 Buys, 13 Holds, and one Sell recommendation. The average MCD stock price target of $329.42 indicates about 13% upside potential. See more MCD analyst ratings Texas Roadhouse (NASDAQ:TXRH) Stock Texas Roadhouse is a casual dining steakhouse chain. The company missed analysts' earnings expectations for the first quarter of Fiscal 2025, as restaurant margins contracted due to commodity inflation and increased wages and other labor expenses. TXRH's comparable restaurant sales increased by 3.5% in Q1 2025. The company indicated that trends were improving, with comparable restaurant sales rising 5% in the first five weeks of Q2 FY25. Additionally, Texas Roadhouse increased its menu prices by about 1.4% in early April. Is TXRH a Good Stock to Buy? Recently, Texas Roadhouse announced the departure of CFO Chris Monroe from the company and the appointment of Vice President of Finance Keith Humpich as the interim CFO. Reacting to the news, Stephens analyst Jim Salera stated that the interim CFO appointment adds stability following Monroe's departure, given Humpich's long tenure and familiarity with the company's financial operations. Salera added that Texas Roadhouse continues to outperform casual dining rivals, with April traffic accelerating exiting Q1 2025. The analyst believes that the company's consistent execution, guest focus, and 'scratch-made' menu continue to be key differentiators in an uncertain consumer backdrop. However, Salera maintained a Hold rating on TXRH stock with a price target of $170, citing concerns related to macro uncertainty in the second half of 2025 and a premium valuation. Overall, Texas Roadhouse stock scores a Moderate Buy consensus rating based on seven Buys and nine Holds. The average TXRH stock price target of $190.87 indicates a modest upside potential of about 2% from current levels. TXRH stock has risen 9% over the past year. Cava Group (NYSE:CAVA) Stock Mediterranean fast casual restaurant chain Cava Group delivered better-than-expected earnings for the first quarter of 2025, with revenue growing 28% to $332 million. The company's same-store sales increased by 10.8%, outperforming several peers in the industry. Despite the strong results, CAVA stock has declined 25% year-to-date and 9% over the past year owing to concerns over valuation and macro uncertainties. Looking ahead, management aims to capitalize on ample opportunities to expand. The company expects to open 64 to 68 new restaurants this year, a slight increase from the previous forecast of 62 to 66 stores. Cava Group operated 382 restaurants as of the end of Q1 2025 and aims to increase its footprint to at least 1,000 restaurants by 2032. Is CAVA Stock a Buy? Recently, Stifel analyst Chris O'Cull reiterated a Buy rating on Cava Group stock but lowered the price target to $125 from $175. The 5-star analyst sees the pullback in the stock as a buying opportunity. Despite near-term challenges, the analyst believes that McDonald's long-term outlook is intact, supported by unit expansion, increasing brand awareness, and improving average unit volumes. He expects McDonald's long-term revenue growth in the 17% to 20% range, driven by a 15% unit growth and mid-single-digit same-restaurant sales (SRS) gains. O'Cull acknowledged near-term softness in CAVA's SRS growth, particularly in the second quarter, due to tough comparisons with the prior-year quarter, which included the launch of the popular Grilled Steak. The analyst now expects Q2 SRS of 5.5%, below the Street's estimate of 6.9%. That said, he noted the strength in CAVA's fundamentals, calling the dip in the stock 'a dish worth grabbing.' O'Cull expects Cava Group's average unit volumes (AUVs) to grow faster than previously expected, fueled by brand expansion and improved performance at new locations. He expects the company's EBIT margin to improve to the range of 9% to 10% by 2030 from an estimated 4.8% in Fiscal 2025, driven by scale efficiencies. CAVA stock price target of $112.92 indicates 34% upside potential. Conclusion Currently, Wall Street is cautiously optimistic about all three restaurant stocks discussed above. Currently, they see higher upside potential in CAVA stock than in MCD and TXRH stocks. Analysts view the pullback in CAVA stock as an attractive buying opportunity to build a position and gain from the company's long-term growth potential.

Tutor Perini Building Corp. Awarded $220 Million Eagle Mountain Casino Phase 2 Expansion
Tutor Perini Building Corp. Awarded $220 Million Eagle Mountain Casino Phase 2 Expansion

Business Wire

time3 hours ago

  • Business Wire

Tutor Perini Building Corp. Awarded $220 Million Eagle Mountain Casino Phase 2 Expansion

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the 'Company'), a leading civil, building and specialty construction company, announced today that its subsidiary, Tutor Perini Building Corp., has been awarded a contract by the Tule River Gaming Authority valued at approximately $220 million for the Eagle Mountain Casino Phase 2 Expansion. The project is located in Porterville, California. The scope of work includes construction of a new 193-room tower with a rooftop restaurant, a central warehouse and offices, expansion of an existing restaurant, a new 2,000-seat events center with convention space, breakout meeting rooms, pre-function space, and new hotel amenities, including a new spa, arcade and resort pool. Work is expected to commence in the summer of 2025 with substantial completion anticipated in 2027. The contract value is being incrementally added to the Company's backlog, beginning with the preconstruction phase award that was booked in the second quarter of 2025 and later this year as subsequent construction phases are anticipated to be awarded by the customer. About Tutor Perini Corporation Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private customers and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection.

Coupang Unveils Rebranding of AI Cloud Computing Service
Coupang Unveils Rebranding of AI Cloud Computing Service

Business Wire

time4 hours ago

  • Business Wire

Coupang Unveils Rebranding of AI Cloud Computing Service

SEATTLE--(BUSINESS WIRE)--Coupang, Inc. (NYSE: CPNG) today announced the rebranding of its AI cloud computing service as Coupang Intelligent Cloud (CIC). CIC represents the evolution of Coupang's AI infrastructure. Over the years, Coupang has extensively utilized its AI computing infrastructure to enhance its services and operations and also provides GPU-as-a-Service (GPUaaS), including to external parties. CIC's data centers, located in Seoul, South Korea and the greater metropolitan area, are equipped with cutting-edge infrastructure. These facilities feature high-capacity power systems, advanced cooling technologies, redundant power architecture, multi-network support, and robust physical security—helping to ensure stable operations. About Coupang Coupang is a technology and Fortune 150 company listed on the New York Stock Exchange (NYSE: CPNG) that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play, Farfetch, and Rocket Now.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store