Despite its decades-long history, the Laser and Optoelectronics industry is still considered “early stage” in many
circles- which is very good news, according to Samuel Kahan, senior economist at the Federal
Reserve Bank of Chicago. 
“While this industry is at the moment relatively small, it is on the cutting edge of many things,” he said.
“Think of automobiles and airplanes in their infancy.”

A lot of the progress made in the telecom area is helps ATI to enable progress in other areas, such as high-
power fiber-lasers for marking and machining. These advances are enabling other markets to adopt a good
supply of products at a price-performance point that makes sense.