Latest Optical Networking News

Marvell is seeking to absorb Lumentum in a US$115 billion all-stock deal that would unite electrical interconnect, lasers and optical networking under one roof. The companies are pitching a US$550 billion addressable market and more than US$1 billion in annual synergies, but completion remains well into the future and subject to regulatory and shareholder approval.

Lumentum delivered a 136.5% year-on-year revenue surge in fiscal Q1 2027 and forecast a further step-up to as much as US$1.625 billion in the next quarter. Management also disclosed purchase commitments exceeding US$5 billion linked to a second major NPO/CPO win, though the timing and enforceability of those commitments were not detailed.

Beetaloo Energy is advancing its vast gas resource in the Beetaloo Basin, aiming for first gas sales by late 2026, backed by a binding NT Government agreement and key infrastructure investments.

Metals X reported a steady tin output at Renison with a 5.9% tin price lift boosting revenue and EBITDA despite increased costs and a marginal net cash flow dip. Capital projects and exploration advanced, while the company’s strong cash reserves underpin its growth ambitions.

Ardea Resources has made disciplined progress on its Kalgoorlie Nickel Project’s Definitive Feasibility Study, supported by renewed Major Project Status and full funding from a Japanese consortium. Completion is on track for mid-2026 amid robust resource updates and strategic partnerships.

Metals X delivered near-record tin output at its Renison operation in Q4 2025, driving a doubling of EBITDA amid improved efficiencies and strong capital progress. The company also advanced its Rentails project and maintained robust cash reserves.

SportsHero has launched its iGV Game Pass subscription in the Philippines through a strategic partnership with PLDT Home, tapping into a booming PC gaming market.

Activeport Group has launched a flexible, consumption-based 100GB inter-capital network service integrated into its Global Edge platform, partnering with Titan Telecoms to connect major Australian cities. The company has already secured its first orders from wholesale network operators.

ikeGPS delivered a robust 4Q FY25 with a 48% jump in annual subscription revenue and closed NZ$12 million in contracts, while receiving a non-binding acquisition approach valuing the company at around NZ$165-170 million.

KALINA Power has partnered with Crusoe to develop multiple AI data centres co-located with near-zero emissions natural gas power plants in Alberta, promising stable cash flows and sustainable energy solutions.