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Restructure: USD fix + updated descendants
Description:Replace dollar signs with USD; correct descendants section
# [TECH] Laser (Device) **The Laser** (Light Amplification by Stimulated Emission of Radiation) is a device producing coherent, monochromatic, collimated light, with applications spanning communications, manufacturing, medicine, and precision measurement. ## Overview Theodore Maiman's first ruby laser (1960) was quickly followed by helium-neon (1960), semiconductor (1962), CO₂ (1964), and dye lasers. By the 1980s, semiconductor diode lasers enabled CD players, optical fiber communications, laser printers, and barcode scanners. High-power lasers cut and weld steel. Ultrashort pulse lasers (femtosecond) enable eye surgery (LASIK), multiphoton microscopy, and attosecond physics. Laser interferometry at LIGO detects gravitational waves. ## Key Actors - **Companies**: Hughes Aircraft (first laser), Bell Labs, Coherent Inc. (1966), II-VI (now Coherent), IPG Photonics, JDSU, Lumentum - **Inventors**: Theodore Maiman (1927–2007), Nick Holonyak Jr. (diode laser, 1962) ## Key Patents - Schawlow, A. & Townes, C. US Patent 2,929,922 (1960) — laser (optical maser) - Hall, R.N. US Patent 3,245,002 (1966) — semiconductor laser ## Economic Value Global laser market: **\$USD 19 billion/year** (2023, Strategies Unlimited). Industrial laser applications (cutting, welding):\$USD 5B. Medical lasers:\$USD 3B. Laser communications (optical fiber): enables\$USD 30B+ infrastructure. Consumer (barcode, DVD, laser pointers):\$USD 3B. ## Notes Strategies Unlimited *Annual Laser Market Review* 2023. Optical fiber communications, enabled by semiconductor lasers, supports the internet — value\$USD 11T+/year. Medical laser vision correction (LASIK) alone: 9M procedures/year,\$USD 3B market. ## What This Enables - **[TECH] Optical Fiber Communications** — Semiconductor laser diodes operating at 1310/1550 nm are the light sources in everyopticalfiber-optic transmittermodule. - **[TECH] LIGO Gravitational Wave Detector** — LIGO's 4 km interferometers useuses a stabilised Nd:YAG laser at 1064 nm astheirits reference light source for the 4 km interferometer arms. # Parents * [SCI] Laser Physics & Stimulated Emission * [SCI] Laser Physics & Stimulated Emission
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