Coherent Corp.

Coherent Corp. is a global leader in photonics and compound semiconductors, developing, manufacturing, and marketing engineered materials, optoelectronic components and devices, and laser systems. Headquartered in Saxonburg, Pennsylvania, the company was founded in 1971 as II-VI Incorporated and adopted the Coherent Corp. name in September 2022 following its acquisition of Coherent, Inc. Its mission is to empower market innovators by providing breakthrough technologies, from materials to systems, that deliver innovations across diversified applications for the industrial, communications, electronics, and instrumentation markets.

The company's product portfolio is segmented into Networking, Materials, and Lasers. The Networking segment offers optical transceivers, systems, modules, and semiconductor devices for datacenter and communications applications. The Materials segment provides engineered materials, laser optics, thermoelectric components, advanced ceramics, and various lasers including VCSELs and high-power lasers. The Lasers segment delivers excimer, solid-state, and CO2 lasers, and laser systems for industrial uses such as semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research. Coherent's technologies serve a wide array of market verticals, including aerospace & defense, automotive, consumer electronics, life sciences, and telecommunication and data communication networks.

Jim Anderson was appointed Chief Executive Officer of Coherent Corp. on June 3, 2024. The company is strategically positioned within the rapidly expanding AI infrastructure market, with its optical transceivers and interconnects being key components for AI data centers. Recent developments include a $50 million CHIPS Act grant to expand its Texas Indium Phosphide semiconductor facility, aiming to quadruple wafer production capacity to meet growing AI datacenter demand. Coherent also demonstrated multiple co-packaged optics (CPO) technologies at OFC 2026 and maintains a strategic partnership with Apple for VCSELs used in Face ID. In August 2025, the company divested its Aerospace and Defense business to sharpen its focus on core photonics markets. Coherent Corp. was recognized by Forbes as one of America's Best Companies for 2026.