Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy
Rhea-AI Summary
Coherent Corp. (NYSE:COHR), a leader in photonics, has joined the Diode Technology Working Group within the STARFIRE Hub, an initiative led by Lawrence Livermore National Laboratory (LLNL). The collaboration aims to advance the development of inertial fusion energy (IFE) technology.
The STARFIRE project, supported by the U.S. Department of Energy's Fusion Energy Sciences, focuses on establishing technical foundations for commercial fusion systems. Beck Mason, Executive Vice President of Semiconductor Devices at Coherent, emphasized the company's commitment to helping define the future of diode technology for inertial fusion.
Positive
- Strategic partnership with Lawrence Livermore National Laboratory in fusion energy development
- Access to government-supported STARFIRE project resources and expertise
Negative
- None.
News Market Reaction
On the day this news was published, COHR gained 0.85%, reflecting a mild positive market reaction. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $132M to the company's valuation, bringing the market cap to $15.70B at that time.
Data tracked by StockTitan Argus on the day of publication.
SAXONBURG, Pa., Sept. 05, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announced today its membership in the Diode Technology Working Group within the STARFIRE Hub, a collaborative initiative led by Lawrence Livermore National Laboratory (LLNL) to accelerate the development of inertial fusion energy (IFE).
This collaboration reflects Coherent’s commitment to pushing the boundaries of photonics to address the world’s most complex energy challenges. By working alongside other leading institutions and industry partners, we look forward to shaping the future of high-power diode technology and supporting the development of sustainable, scalable fusion energy solutions.
“Joining the STARFIRE Diode Technology Working Group is an exciting opportunity for Coherent to help define the future of diode technology for inertial fusion. We’re proud to lend our expertise to this transformative effort and to collaborate with other leaders advancing the frontier of clean, limitless energy.” Beck Mason, Executive Vice President, Semiconductor Devices at Coherent Corp.
The STARFIRE project is supported by the US. Department of Energy, Fusion Energy Sciences, and serves as a key driver in establishing the technical foundation for future commercial fusion systems.
For more information on STARFIRE Hub, visit: STARFIRE Hub | Inertial Fusion Energy
About Coherent
Coherent is the global photonics leader. We harness photons to drive innovation. Industry leaders in the datacenter, communications, and industrial markets rely on Coherent’s world-leading technology to fuel their own innovation and growth.
Founded in 1971 and operating in more than 20 countries, Coherent brings the industry’s broadest, deepest technology stack; unmatched supply chain resilience; and global scale to help its customers solve their toughest technology challenges. Visit us at coherent.com.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ebdd52a3-b878-4cc6-8c7d-4d91620fee2b
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