Faraday 1867 Holdings LLC, and Coherent Corp. , have signed a letter of intent outlining their future technology cooperation.
The parent company of Faraday Factory Japan, Faraday 1867 Holdings LLC, and a leader in industrial lasers, Coherent Corp. (NYSE: COHR), have signed a letter of intent outlining their future technology cooperation. The goal of cooperation is scaling up manufacturing of high-temperature superconducting (HTS) tapes with the help of pulsed laser deposition (PLD) to enable mass deployment of compact fusion as a new carbon-free energy source. Coherent LEAP excimer lasers are the industry standard in PLD that enable the manufacturing of high quality HTS tapes. Faraday Factory Japan, as the largest HTS producer worldwide, has the unique experience in improving this outstanding manufacturing technology. https://www.coherent.com/news/
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