Coherent selected for funding by the department of energy for its li-s battery technology for next-generation electric vehicles

Pittsburgh, jan. 31, 2024 (globe newswire) -- coherent corp. (nyse: cohr), a global leader in engineered materials, has been selected for multimillion-dollar funding under the department of energy (doe) fiscal year 2023 vehicle technologies office (vto) program wide funding opportunity announcement (foa-0002893). this funding will accelerate the development of coherent's patented chemical immobilization technology for lithium sulfur (li-s) battery cells to meet next-generation electric vehicle (ev) requirements.
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