IPG Photonics Corp IPGP

IPG Photonics Corporation, incorporated on December 2, 1998, is a developer and manufacturer of a line of fiber lasers, fiber amplifiers, diode lasers, laser systems and optical accessories that are used for various applications. The Company offers a line of lasers and amplifiers, which are used in materials processing, communications and medical applications. The Company sells its products globally to original equipment manufacturers (OEMs), system integrators and end users. The Company's manufacturing facilities are located in the United States, Germany and Russia. The Company offers laser-based systems for certain markets and applications. The Company also makes packaged diodes, direct diode lasers, laser systems and communications components and systems. Its products are designed to be used as general-purpose energy or light sources.

The Company's product line includes High-Power Ytterbium CW (1,000-100,000 Watts), Mid-Power Ytterbium CW (100-999 Watts), Pulsed Ytterbium (0.1 to 200 Watts), Pulsed and CW, Quasi-CW Ytterbium (100-4,500 Watts), Erbium Amplifiers and Transceivers. Its product line has applications, including cutting, welding, annealing, drilling, cladding, brazing, three dimensional (3D) printing, scribing, engraving, coating removal, cutting, annealing silicon wafers, thin film ablation, marking plastics, welding and micro-welding, cutting metals and crystals, telephony, video on demand, ultra-long-haul transmission, beam combining, Ethernet switching and Internet Protocol (IP) routing.

Lasers

As of December 31, 2016, the Company's laser products included low (1 to 99 watts), medium (100 to 999 watts) and high (1,000 watts and above) output power lasers from 0.3 to 4.5 microns in wavelength. These lasers may be continuous-wave (CW), quasi-continuous-wave (QCW) or pulsed. The Company's pulsed line includes nanosecond, picosecond and femtosecond lasers. It offers several different types of lasers, which are defined by the type of gain medium they use. These are ytterbium, erbium and thulium, as well as Raman and hybrid fiber-crystal lasers. The Company also sells fiber pigtailed packaged diodes and fiber coupled direct diode laser systems that use semiconductor diodes. In addition, it offers high-energy pulsed lasers, multi-wavelength lasers, tunable lasers, single-polarization and single-frequency lasers, as well as other versions of its products.

As of December 31, 2016, the Company also made single-mode and low-mode output ytterbium fiber lasers with power levels of approximately 20,000 watts and single-mode, erbium and thulium fiber lasers with power levels of up to 500 watts. It also sells laser diode chips and packaged laser diodes operating at 8XX to 9XX nanometers. The Company sells its own family of optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners and other accessories for its fiber lasers. It also makes active and passive laser materials and tunable lasers in the middle-infrared region.

Amplifiers

The Company's amplifier products range from milli watts to up to 1,500 watts of output power from 1 to 2 microns in wavelength. It offers erbium-doped fiber amplifiers (EDFAs), Raman amplifiers and integrated communications systems. These products are deployed in broadband networks, such as fiber to the home (FTTH), fiber to the curb (FTTC) and passive optical networks (PON), and dense wavelength division multiplexing (DWDM) networks. It also offers ytterbium and thulium specialty fiber amplifiers and broadband light sources that are used in various applications. In addition, the Company sells single-frequency, linearly polarized and polarization-maintaining versions of its amplifier products.

Tranceivers

Transceivers provide interconnect, coarse wavelength division multiplexing (CWDM), DWDM, and tunable-based pluggable interfaces to serve optical transmission needs from 100 meters over multimode fiber to over 1,200 kilometers. A transceiver combines the functions of a transmitter, which uses a laser and modulation to convert electrical signals into optical signals for transmission over optical fiber, and a receiver, which uses photo detectors to convert incoming optical signals into electrical signals, within a single device. These optical subsystems provide the interface for interconnecting electronic equipment, including Ethernet switches, IP routers and Synchronous Optical Networking (SONET)/Synchronous Digital Hierarchy (SDH) optical transport modules within telecommunications, cable multi-system operator (MSO) and data center networks.

Systems

The Company offers integrated laser systems for particular geographic markets or custom-developed for a customer's manufacturing requirements. It offers two dimensional (2D) flat sheet cutter systems and multi-axis systems for fine welding, cutting and drilling. The Company also develops and sells specialized fiber laser systems for material processing applications as requested by customers desiring a complete laser-based solution, including orbital welding, pipe welding and remote welding. The platforms include robotic and multi-axis workstations for welding, cutting and cladding, flatbed cutting systems, and diode markers. Its products also address other applications, including applications, communications and medical.

The Company competes with Trumpf GmbH + Co. KG, Coherent Inc., GSI Group Inc., Laserline GmbH, TeraDiode, Inc., Hypertherm, Inc., Fanuc Corporation, The Furukawa Electric Co., Ltd., Keopsys SA, Mitsubishi Cable Industries, Ltd., Raycus Fiber Laser Technologies Co. Ltd., Maxphotonics Co., Ltd., nLight Corporation and Lumentum Holdings Inc.