IIVI II-VI Incorporated

Coherent Commences Review of Strategic Alternatives for Its Lithium Sulfur Battery Platform

Coherent Commences Review of Strategic Alternatives for Its Lithium Sulfur Battery Platform

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 unlocking the potential of sulfur as a battery cathode. These innovations have been recognized with multiple funding awards from the U.S. Department of Energy Vehicle Technologies Office (DOE VTO) and the Intelligence Advanced Research Projects Agency (IARPA), and are protected by 4 issued and 13 pending patents.

The announcement is a result of the strategic portfolio assessment that the company completed in August of this year.

Interested investors are encouraged to contact Tim Challingsworth, Vice President, Strategy and Corporate Development at . The company does not anticipate making further public comments regarding this matter until a material development occurs.

About Coherent

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 .

Media Contact:

Amy Wilson

Corporate Communications & Investor Relations



EN
28/10/2024

Underlying

IIVIII-VI Incorporated

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on II-VI Incorporated

 PRESS RELEASE
Free
IIVI II-VI Incorpora...

Coherent to Join the S&P 500

Coherent to Join the S&P 500 SAXONBURG, Pa., March 09, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, today announced it will join the S&P 500 index, effective Monday, March 23. Jim Anderson, CEO, said, “Joining the S&P 500 is a testament to the strength of our team, the power of our technology portfolio, and the trust our customers have placed in us. As optical interconnects and photonic solutions become foundational to scaling next-generation AI data center infrastructure, Coherent is uniquely positioned to drive...

22h / 4m 1 EN
 PRESS RELEASE
Free
IIVI II-VI Incorpora...

Coherent Launches 700mW Uncooled Micro-Pump Lasers for Improving Effic...

Coherent Launches 700mW Uncooled Micro-Pump Lasers for Improving Efficiency of Scale-Across Networks SAXONBURG, Pa., March 09, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced new single- and dual-chip uncooled 980nm micro-pump lasers delivering up to 700mW per fiber output in a compact 3-pin module package. Designed to support next-generation coherent transmission systems and to enable ultra-high-density multi-rail optical amplifiers, the new devices deliver higher output power, greater efficiency, and enhanced design flexibility in spa...

22h / 10m 1 EN
 PRESS RELEASE
Free
IIVI II-VI Incorpora...

Coherent Announces General Availability of Industry's First Dual-Laser...

Coherent Announces General Availability of Industry's First Dual-Laser QSFP28-DCO for Single Fiber Transmission SAXONBURG, Pa., March 06, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the general availability of the industry’s first dual-laser QSFP28-DCO module designed to enable bi-directional 100G coherent transmission over a single working fiber. This breakthrough brings coherent performance to fiber-constrained network environments in a compact QSFP28 form factor for the first time. The new module allows network operators to deplo...

March 6, 2026 1 EN
 PRESS RELEASE
Free
IIVI II-VI Incorpora...

Coherent Introduces Thermadite Liquid Cold Plates for High-Power Compu...

Coherent Introduces Thermadite Liquid Cold Plates for High-Power Compute Applications SAXONBURG, Pa., March 05, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the launch of Thermadite™ 800 Liquid Cold Plates (LCP) for next-generation AI accelerator cooling. Thermadite 800 delivers thermal conductivity of 800W/(m⋅K) - approximately twice that of copper - combined with a low coefficient of thermal expansion and high dimensional stability. Together, these properties reduce chip temperatures through superior heat spreading and low-resistan...

March 5, 2026 1 EN
 PRESS RELEASE
Free
IIVI II-VI Incorpora...

Coherent Launches 224Gbps Quad TIA for Next-Generation AI and Cloud In...

Coherent Launches 224Gbps Quad TIA for Next-Generation AI and Cloud Infrastructure SAXONBURG, Pa., March 04, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the launch of its CHR1074 224Gbps quad-channel transimpedance amplifier (TIA) designed to power next-generation 800G and 1.6T optical transceivers. Engineered for high-performance AI and cloud infrastructure, the CHR1074 combines ultra-fast link recovery with intelligent power management to improve efficiency and reduce latency in increasingly dynamic data center environments. As hy...

March 4, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch