IPG Photonics

IPG Photonics Corporation
Company typePublic
IndustryPhotonics
Founded1990; 34 years ago (1990)
HeadquartersMarlborough, Massachusetts, U.S.
Area served
Worldwide
Key people
Mark M. Gitin Ph.D. (CEO)
ProductsLasers, amplifiers and laser systems for materials processing, communications, entertainment, medical, biotechnology, scientific and advance applications.
RevenueIncrease US$1.28 billion (2023)
Increase US$368 million (2021)
Increase US$288 million (2021)
Total assetsIncrease US$3.17 billion (2021)
Total equityIncrease US$2.75 billion (2021)
Number of employees
6,580 (December 2021)
Websiteipgphotonics.com
Footnotes / references
[1]

IPG Photonics Corporation is a manufacturer of fiber lasers.[2] IPG Photonics developed and commercialized optical fiber lasers,[3] which are used in a variety of applications including materials processing, medical applications and telecommunications.[2] IPG has manufacturing facilities in the United States, Germany, Russia and Italy.[4]

IPG was founded in 1990 by Valentin P. Gapontsev, IPG's Executive Chairman and former chief executive officer, and Igor Samartsev, IPG's Chief Technology Officer.[5]

IPG also develops and manufactures fiber amplifiers, diode lasers and several complementary products used with its lasers, such as optical delivery cables, fiber couplers, and beam switches. Its products are sold globally and primarily used for materials processing, advanced technologies, telecommunications, and medical applications.[6]

The company is headquartered in Marlborough, Massachusetts,[7] with more than 25 facilities around the world.[8]

  1. ^ "IPG Photonics Corp. 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 22 February 2022.
  2. ^ a b Esposito, Andi (23 February 2007). "Tenacity brought success to IPG Photonics". Telegram & Gazette. Worcester, MA. Retrieved 14 Mar 2009.
  3. ^ Gavin, R. (1 May 2006). "IPG shines as it builds a better laser." The Boston Globe
  4. ^ "Our Offices & Application Centers". IPG Photonics. Archived from the original on May 29, 2024. Retrieved July 29, 2024.
  5. ^ "Ipg Photonics Corp (IPGP:NASDAQ)". www.bloomberg.com. Retrieved 2018-10-30.
  6. ^ "IPG Photonics on the Forbes Top 100 Digital Companies List". Forbes. Retrieved 2018-10-30.
  7. ^ "IPG - Contact Us". www.ipgphotonics.com/. Retrieved 2023-10-06.
  8. ^ "IPG Photonics to Participate in Upcoming Investor Conferences". AP NEWS. 2018-10-24. Retrieved 2018-10-30.