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0 0.00249180327868849 0.00249180327868849 0.00249180327868849 -0.00236065573770482 -0.003672131147541 -0.003672131147541 -0.00327868852459016
Stock impact report

Coherent Awarded Phase 3 of IARPA Resilience Program for High-Energy Rechargeable Lithium-Sulfur Batteries

Coherent Corp. (COHR) 
Last coherent corp. earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
PITTSBURGH, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of advanced engineered materials, announced its selection for Phase 3 of the Intelligence Advanced Research Projects Activity (IARPA) RESILIENCE program. The project focuses on the development of high-energy rechargeable lithium-sulfur (Li-S) batteries. This achievement follows the company's successful completion of Phase 2 in June 2024. Coherent is one of only two companies advancing to this critical phase. The Robust Energy Sources for Intelligence Logistics In Extreme, Novel, and Challenging Environments (RESILIENCE) program seeks to develop reliable power sources for applications in extreme and challenging environments while ensuring secure, domestic supply chains for battery material. The program is designed to increase cell energy density by up to 2x and calendar life by up to 10x beyond the performance of current commercial lithium-ion batteries. In Phase 1 of the program, Coher Show less Read more
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