Lasers produce a very narrow, intense beam of coherent light through the process of stimulated emission of radiation. Key characteristics of laser light include high monochromaticity, directionality, intensity, and coherence. Einstein's theory of stimulated emission explains how excited atoms or molecules can emit photons when stimulated by an incoming photon, leading to amplification of the light beam. Population inversion, where more atoms are in an excited state than a lower state, must be achieved for lasing to occur. Common laser types include solid-state, gas, liquid/dye, and semiconductor lasers, which use different active media and pumping mechanisms to produce stimulated emission. A notable example is the Nd:YAG laser, which uses a neody