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Spectra7 Microsystems Inc. is a high-performance analog semiconductor company based in San Jose, California, with design and technical support centers in Cork, Ireland, and Dongguan, China. The company specializes in delivering unprecedented bandwidth, speed, and resolution for leading electronics manufacturers in various markets including virtual reality, augmented reality, mixed reality, and data centers. Spectra7 recently announced its expected revenue for the first quarter of 2024, emphasizing its focus on commercial production and sales of its industry-leading Active Copper Cable products. The company is exploring strategic alternatives to enhance shareholder value, including emergency funding, restructuring, sale, or merger. With a vision to enable disruptive industrial design, Spectra7 continues to drive innovation and connectivity in the semiconductor industry.
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Spectra7 announces preliminary 2024 first quarter revenue of $0.75 million, a significant decrease from $3.1 million in 2023. The company faces liquidity issues, with existing cash levels only supporting operations through April 2024. Spectra7 explores strategic alternatives, including emergency funding, to address its liquidity position and maximize shareholder value.
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Spectra7 Microsystems Inc. announces the demonstration of 800Gbps Active Copper Cable interconnects at the 2024 Optical Fiber Communication Conference and Exhibition. The company will showcase its analog-based GaugeChanger™ GC1122 chips, offering cost and energy efficiency advantages over competitors.
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Spectra7 Microsystems Inc. will showcase its active copper cables enabled with Spectra7 GaugeChanger™ chips at the Ethernet Alliance 800Gbps demonstration, highlighting their capacity for handling hyperscale and AI/ML workloads. The company's analog-based GC1122 chips offer cost, size, and energy consumption advantages over competing technologies.
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Spectra7 Microsystems Inc. announces the departure of CFO Bonnie Tomei due to a family medical situation. Interim CFO Dave Mier will continue until a permanent replacement is found.
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Spectra7 and ACES Electronics Co., Ltd successfully demonstrated best-in-class performance of 800G Active Copper Cables (ACC's) at DesignCon 2024. The demonstration showcased Spectra7's innovative GaugeChanger™ GC1122 chips, which offer significant cost, size, latency, and energy consumption value versus competing technologies. Spectra7's CEO Raouf Halim expressed pride in the collaboration with ACES and the successful technology showcase at the event.
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Spectra7 and Volex successfully demonstrated industry-leading performance of 800G Active Copper Cables at DesignCon 2024. The demonstration showcased Volex 800Gbps QSFP-DD ACCs with Spectra7's embedded GC1122 chips interoperating with test equipment from several vendors to produce very robust low pre-FEC bit error rates. Analysts expect the active copper market to exceed $1B by 2026, replacing the DAC market, and supporting the growing Ethernet market in the data center. Spectra7's CEO expressed pride in the partnership with Volex and highlighted the strong demand for low power, low latency, and cost-effective 800G cables in the hyperscale data center market. Spectra7's analog-based GC1122 chips offer significant cost, size, and energy consumption value versus competing AECs and AOCs that use DSP technologies.
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Spectra7 and MultiLane Technologies will showcase their latest 800Gbps product offerings at the annual DesignCon Conference Exhibition. The demo will feature robust performance and testing of 800Gbps Active Copper Cable products for hyperscale data center applications, highlighting Spectra7's ACCs interoperating with the ML4015E Digital Sampling Oscilloscope Test System at 112G PAM4 signaling. DesignCon is a premier high-speed interconnect and system design conference, and Spectra7 will be on exhibit in booth #1344.
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Spectra7 Microsystems Inc. and Teledyne LeCroy will demonstrate their latest 800Gbps product offerings at the DesignCon Conference Exhibition in California. The demo will showcase the interoperability of Spectra7's ACCs with Teledyne LeCroy's Xena Z800 800GE QSFP-DD800 Test System at 800Gbps speeds. The companies aim to address the increasing power and cost of data center interconnects, with Spectra7's GaugeChangerTM technology offering significant cost, size, and energy consumption advantages.
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Spectra7 and Keysight successfully achieved robust performance testing of their latest 800Gbps product offerings for hyperscale data center applications. Spectra7's ACCs interoperated with the Keysight AresONE-M 800GE QSFP-DD800 Layer 1-3 Test System at 800Gbps speeds, demonstrating a very robust low bit error rate (BER) of 3.3e-9. Spectra7 will showcase their products at the DesignCon Conference Exhibition in Santa Clara, California.
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Spectra7 Microsystems Inc. will showcase its new GC1122 product in several demos at the DesignCon Conference Exhibition. The company will be demonstrating 800Gbps QSFP-DD and OSFP interconnects with leading equipment suppliers, focusing on robust performance and testing of 800Gbps Active Copper Cable products for hyperscale data center applications. Spectra7's analog based GaugeChanger™ GC1122 chips offer significant cost, size, and energy consumption advantages over competing technologies.
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FAQ
What is the current stock price of SPECTRA7 MICROSYSTEMS (SPVNF)?
The current stock price of SPECTRA7 MICROSYSTEMS (SPVNF) is $0.09345 as of December 23, 2024.
What is the market cap of SPECTRA7 MICROSYSTEMS (SPVNF)?
The market cap of SPECTRA7 MICROSYSTEMS (SPVNF) is approximately 16.3M.
Where is Spectra7 Microsystems Inc. headquartered?
Spectra7 Microsystems Inc. is based in San Jose, California, with additional design and technical support centers in Cork, Ireland, and Dongguan, China.
What are the core business operations of Spectra7 Microsystems Inc.?
Spectra7 specializes in delivering high-performance analog semiconductor products to leading electronics manufacturers in markets such as virtual reality, augmented reality, mixed reality, and data centers.
What recent announcement did Spectra7 make regarding its revenue?
Spectra7 announced its expected revenue for the first quarter of 2024, highlighting its focus on commercial production and sales of its Active Copper Cable products.
What strategic alternatives is Spectra7 exploring?
Spectra7 is exploring strategic alternatives to enhance shareholder value, including emergency funding, restructuring, sale, or merger.
How does Spectra7 aim to drive innovation?
Spectra7 aims to enable disruptive industrial design by delivering unprecedented bandwidth, speed, and resolution through its analog semiconductor products.
SPECTRA7 MICROSYSTEMS INC
OTC:SPVNF
SPVNF Rankings
SPVNF Stock Data
16.25M
117.44M
13.76%
29.53%
Semiconductor Equipment & Materials
Technology
United States of America
San Jose