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IPG Photonics’ founder passes

IPG Photonics announced the passing of Dr. Valentin P. Gapontsev, founder, chairman and former CEO. Gapontsev was IPG’s chairman since the company’s founding and its CEO until April 2021. “Valentin’s passing is a tremendous loss for the IPG community and the larger photonics world,” said Dr. Eugene Scherbakov, CEO. “Valentin’s technical innovations, strategic vision for the capabilities of fiber lasers and entrepreneurial drive transformed the laser industry and industrial automation to the point where lasers are finally cost-effective, reliable and effective tools that have mass applications in global industrial production. Recognized as the Father of the Fiber Laser Industry, his leadership and unique strategies enabled IPG to be at the forefront of rapid technological developments, and will continue to inspire us to strive for greatness in all that we do.”

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