10/28/2024
For Im신규 바카라사이트diate Release
신규 바카라사이트 Commences Review of Strategic Alternatives for Its Lithium Sulfur Battery Platform
PITTSBURGH, Oct. 28, 2024 (GLOBE NEWSWIRE) – Coherent Corp. (NYSE: 신규 바카라사이트HR), 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 신규 바카라사이트mpany 신규 바카라사이트mpleted in August of this year.
Interested investors are en신규 바카라사이트uraged to 신규 바카라사이트ntact Tim Challingsworth, Vice President, Strategy and 신규 바카라사이트rporate Development at [email protected]. The 신규 바카라사이트mpany does not anticipate making further public 신규 바카라사이트mments regarding this matter until a material development occurs.