When it comes to fiber lasers, the industry first thinks of IPG, which also verifies the unique position of IPG in the laser field. Although IPG has become a leader in the field of fiber lasers, IPG’s history is not too long compared to other laser giants. It is a veritable up-and-coming star. IPG was originally founded in Russia in 1991 by physicist Dr. Valentin P. Gapontsev. In 1998, it established its global headquarters in the United States and was listed on NASDAQ in 2006.
Currently, IPG has become the world’s leading developer and manufacturer of high performance fiber lasers and green laser pointer amplifier products for a wide range of applications and markets. Its low power, medium power and high power laser and amplifier products are widely used in many advanced applications such as materials processing, communications, entertainment, medical, biotechnology, and technology. In June 2009, IPG officially launched the world’s first 10kW single-mode fiber laser, which greatly enhanced the competitiveness of fiber lasers in the laser market.
The coherent company was born in May 1966 in Palo Alto, California. At the beginning of its creation, the advantages of coherence in CO2 lasers were highlighted. After decades of development, today, the company has become one of the world’s leading photonics manufacturers and innovators, including CO2 lasers, fiber lasers, ultrafast lasers, semiconductor lasers, excimer lasers, and more.
In 2016, the company acquired the Rolfen laser for about US$942 million, which greatly enhanced its strength in the industrial field and further improved its overall scale. In recent years, due to the continuous development of laser in the field of consumer electronics, the advantages of coherent lasers in the field of excimer lasers have become increasingly prominent, and the performance has grown rapidly. According to official data, the company achieved $1.72 billion in revenue in FY2017, and the official estimate is to exceed $1.9 billion in 2018.