The D2 diaphrams play the exact same signal, so I'm not sure we should call it coaxial any more than we would say two woofers playing the same signal crossed over to a tweeter makes a three way. However, D2 is point source over a very wide frequency range. Maybe even better than coaxial in some ways because no crossover processing is needed in the HF driver?Yes. It is a wideband waveguided hornloaded dual diaphragm coaxial compression driver.
Plus a woofer.