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Coherent Corp. showcased its latest innovations in optical communications at ECOC 2022 in Basel, Switzerland, from Sept. 19-21. Key presentations included topics on 800G and 1.6T upgrades and advanced ROADM architectures. Live demonstrations featured products like the 200G EML for transceiver modules, 800G Active Optical Cables, and innovations supporting short-reach interconnects. Coherent continues to enhance its portfolio for telecom and datacom networks, focusing on efficiency and advanced optical technologies.
Coherent Corp. (Nasdaq: COHR) has launched its ultrahigh-resolution telemetry module (UHR-OCM) aimed at enhancing performance monitoring in optical transport systems capable of 800G transmission and beyond. This module supports the increasing demand for advanced communications equipment as internet traffic surges. The UHR-OCM provides high-resolution spectral scans crucial for optimizing the performance of reconfigurable optical add-drop multiplexers. The company will showcase this technology at ECOC 2022 in Switzerland from Sept. 19-21.
Coherent Corp. (Nasdaq: COHR) has launched its new 200 Gbps electro-absorption modulated lasers (EMLs) aimed at enhancing high-speed datacenter transceivers. The demand for advanced 400G, 800G, and future 1.6 Tbps transceivers is driving this innovation. The new EML devices promise high reliability and signal integrity for transceivers operating at 800 Gbps and 1.6 Tbps. Coherent's technology has a proven track record with over 100 million lasers deployed, positioning it as a competitive force in the optical communications industry.
Coherent Corp. (Nasdaq: COHR) announced the launch of its I-Temp micro-pump lasers designed for harsh environments in broadband optical access networks. These lasers operate within a temperature range of -40 to 85 degrees Celsius and consume less than 2 W of power while maintaining a steady output of 400 mW. They are ideal for installations in confined spaces, such as utility poles, where equipment must be resilient to extreme weather. Coherent will showcase these innovations at ECOC 2022 in Switzerland.
Coherent Corp. (Nasdaq: COHR) secured a DARPA contract to develop coherent optical transceiver technology for the Space-Based Adaptive Communications Node (Space-BACN) program. This initiative aims to establish low-cost, high-speed laser data links for communication between various LEO satellite constellations. Coherent will design and fabricate transceivers that support multiple optical waveforms at data rates up to 100 Gbps, while adhering to stringent size, weight, power, and cost constraints. This contract follows Coherent's successful participation in Phase 0 of the program.
II-VI Incorporated (Nasdaq: IIVI) will present at the Citi 2022 Global Technology Conference on September 9, 2022, at 9:00 a.m. ET. The event will take place at the New York Hilton Midtown, 1335 Avenue of the Americas, New York City. Key participants include Dr. Vincent D. Mattera, Jr., Chair and CEO, and Mary Jane Raymond, CFO. Investors can access a real-time audio webcast of the presentation on the II-VI website, with a replay available post-event.
II-VI reported record Q4 revenues of $887 million, a 7% sequential increase and 10% year-over-year growth. For FY22, the company achieved revenues of $3.32 billion, up 7% annually, with record bookings of $4.32 billion, marking a 29% increase. GAAP diluted EPS for Q4 was $0.23, while non-GAAP diluted EPS was $0.98. The company expects Q1 FY23 revenue between $1.3 billion and $1.4 billion, with non-GAAP EPS guidance of $0.77 to $0.90.
II-VI Incorporated (Nasdaq: IIVI) announced the extension of Dr. Vincent D. Mattera, Jr.'s CEO contract until August 1, 2030. The decision, made by the Board of Directors, reflects confidence in Dr. Mattera's leadership, which has driven the company's growth through various global markets. His tenure has been marked by strategic acquisitions and expansion of the company's product portfolio. Dr. Mattera has been a part of II-VI since 2000, holding various leadership roles that included becoming CEO in 2016. The Board is optimistic about the company’s growth trajectory with Dr. Mattera at the helm.
II-VI Incorporated (Nasdaq: IIVI) has secured a multi-year contract to supply Infineon Technologies AG with 150 mm silicon carbide (SiC) substrates for power electronics, driven by the rising demand from the electric vehicle (EV) market. The partnership aims to support the transition to 200 mm SiC substrates. This collaboration enhances II-VI's position in the SiC market, which is essential for efficient power systems in EVs. II-VI is expanding its manufacturing capabilities in Pennsylvania to produce 1 million 150 mm substrates annually by 2027, aligning with growing customer demand.
