Coherent to Get Up to $50M in Funding Under CHIPS Act
Summary
Coherent is set to receive up to $50 million in funding under the CHIPS Act. The funding supports a company that operates in the software-related manufacturing and engineering ecosystem rather than consumer hardware alone. This announcement matters to vendors and partners that sell tools or services into advanced manufacturing and semiconductor supply chains. It can also signal follow-on investment in infrastructure, systems integration, and operational software around production expansion.
Funding
Amount
$50.0M
Total raised
Date
June 16, 2026
Announcement date
Investors
US Government
Lead investors
Company
coherent.com
Funded company
Classifications
industries
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applications
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