Latest news with #optics
Yahoo
6 days ago
- General
- Yahoo
With great sadness and deep gratitude for a life well-lived,
Jul. 23—With great sadness and deep gratitude for a life well-lived, we announce the peaceful passing of Joe Orlando Torres, age 90, on July 16, 2025, at his home in Socorro, NM. He was surrounded by the love and prayers of his family as he was called home to be with the Lord. Joe was born August 30,1934 in Socorro, NM to Vicente and Anna Maria Torres. He was a man of faith, love, and service-devoted to his family, proud of his heritage, and guided by strong values that never wavered. He served his country with honor through 6 years in the Army National Guard, including 2 years of active duty in the US Army. After his military service he dedicated 32 years of hard work as an Optics Technician at White Sands Missile Range. Joe had a heart full of life and a soul anchored in joy. He found God's presence in the simple pleasures: the stillness of a fishing trip, the joy of hunting and camping, the rhythm of music as he played his accordion or harmonica, and the laughter shared during a game of bowling. He tended the land with care and cherished the beauty of God's creation through farming. Joe will be remembered for his generosity, unwavering kindness, and the way he made everyone feel welcome. He was a jokester and a dancer, but above all, he was a devoted husband, father, grandfather, and friend. He poured love into his family and built a legacy of warmth, faith, and laughter that will live on through generations. He is survived by his beloved wife of 69 years, Rosalie Torres; daughters Darlene Torres, Connie (Daniel) Gallegos: seven grandchildren, 8 great-grandchildren, and 3 great-great grandchildren; and his siblings Eddie Torres, Vincent Torres, and Elaine Valdez, and many nieces and nephews that he loved dearly. He is reunited in eternal peace with his parents Vicente and Anna Maria, his beloved son Joseph "Seppie" Torres, and his siblings Lucas, Felix, Leopoldo, Tommy, Kate, Virginia, Rita, and Mary. As we grieve his passing, we take comfort in knowing he has entered the gates of Heaven, welcomed by those who went before him. His faith, laughter, and love will continue to guide us. Services for Joe will be held on Friday, August 1, 2025, at the San Miguel Church. A visitation will take place at 9:00 am followed by the rosary at 9:30 am. Mass will then be held at 10:00 am. Inurnment will take place immediately following the services at the San Miguel Cemetery. All are welcome to join in prayer and remembrance. "Well done, good and faithful into the joy of your Lord."-Matthew 25:21 Arrangements are being handled by the caring professionals at the Noblin Funeral Service Belen Chapel, where an online guest register is available at Solve the daily Crossword
Globe and Mail
6 days ago
- Business
- Globe and Mail
Marvell Technology's Optics Business Expands: What's on the Horizon?
Marvell Technology 's MRVL optics business is experiencing robust growth as the industry is transitioning to 1.6 Terabit optical interconnects. The company, in its first-quarter fiscal 2026 earnings, reported that its electro-optics products used in AI and cloud computing are one of the proponents that are experiencing this traction. Its latest introduction, the co-packaged optics solutions, which feature higher interconnect densities, longer reach and scalable networking architecture, are an upgrade over the slower the previous generation. These products have optical fibres instead of copper connections, which are optimum for networking needs in AI systems. Marvell Technology's Silicon Photonics Light Engines support speeds up to 6.4T by combining several parts into compact modules, making them ideal for both plug-in and co-packaged uses. These features can help enterprises to scale their large AI workloads. MRVL expects its optics solutions to drive its business in the second quarter of fiscal 2026. Traction in its optics business is a contributing factor in Marvell Technology's top-line growth. Its first-quarter fiscal 2026 revenues grew 63% year over year. The Zacks Consensus Estimate for Marvell Technology's fiscal year 2026 revenues is pegged at $8.22 billion, indicating year-over-year growth of 42.6%. How Competitors Fare Against MRVL As optics are gaining traction among next-generation AI infrastructure, Cloud Data Centers and Scale-Up and Scale-Out Networking, companies like Broadcom AVGO and Coherent Corp. COHR have become Marvell Technology's formidable competitors in this space. Broadcom is a dominant player in the pluggable optics space with offerings, including PAM4 DSPs and optical transceivers. Broadcom directly competes with Marvell Technology across high-speed PAM4, Ethernet PHYs, and optics used in hyperscale AI networks. Coherent also offers optical components, transceivers, coherent optics and optical engines used in data centers, overlapping with Marvell Technology's light engine offerings. Recent growth in AI and ML workloads has ramped up its sales of 800G transceivers and active optical cables. MRVL's Price Performance, Valuation and Estimates Shares of Marvell Technology have lost 34.8% year to date against the Electronics - Semiconductors industry's growth of 14.9%. Marvell Technology YTD Performance Chart From a valuation standpoint, Marvell Technology trades at a forward price-to-sales ratio of 6.95X, lower than the industry's average of 8.66X. Marvell Technology Forward 12 Month (P/S) Chart The Zacks Consensus Estimate for Marvell Technology's fiscal 2026 and 2027 earnings implies year-over-year growth of 77.7% and 27.73%, respectively. The estimates for fiscal 2026 and 2027 have been revised upward in the past 60 days. Marvell Technology currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marvell Technology, Inc. (MRVL): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report Coherent Corp. (COHR): Free Stock Analysis Report
Yahoo
21-07-2025
- Automotive
- Yahoo
Oakley Looks to Define the Future as It Celebrates 50th Anniversary
It all started 50 years ago when Jim Jannard, a motorcycle enthusiast, started a company selling motorcycle parts out of his car at motocross events. He named this nascent business Oakley after his English setter Oakley Anne. Soon after, he began developing his own products, starting with a motorcycle grip featuring an ergonomic cam shape design and an octopus tread pattern that he named the Oakley Grip. Five years later, he entered the optics business by creating a protective goggle for the motocross industry called the O Frame MX. More from WWD EXCLUSIVE: Jonathan Bailey Releasing His 'Sluttly Little Glasses' in Partnership With Cubitts for LGBTQIA+ Charity Oakley Appoints Travis Scott Chief Visionary Inside VivaTech: LVMH Spotlights AI and Sustainability at Innovation Awards But the real turning point came in 1984 when Jannard was riding along the Pacific Coast Highway at sunset and saw that the rays streamed into the side of his sunglasses. So he took a coat hanger, Lexan goggle lens and some electrical tape and created a prototype for a sport performance sunglass that he named Eyeshade. The business thrived and in 1995, Oakley went public, and then in 2001, it was purchased by Italy's Luxottica Group SpA for about $2.1 billion. Today, the Foothill Ranch, Calif.-based Oakley operates as a separate division of what is now EssilorLuxottica. The company continues to be focused on developing innovative eyewear — its most recent category is a line of AI glasses developed in partnership with Meta (which, according to Bloomberg reports, recently invested $3.5 billion for a small minority stake in the Italian eyewear group) — and has also expanded into apparel, accessories and even footwear. 'Oakley is a brand known for innovation and the way we move sports and culture forward,' said Caio Amato, global president of Oakley and the Sports Performance Hub. 'Our credo is: 'We create for the future and deliver to the present.' As much as we have been born out of the mountain bike and motocross industry, the ethos of the company has always been to redefine the future. It's basically physics elevated to an art form.' This weekend, Oakley is hosting editors at its California headquarters for a behind-the-scenes look at the company's past, present and future. Amato claimed that over the past half-century Oakley has developed three values that set it apart from other brands. First is authenticity. 'Since the beginning,' he said, 'Oakley has been born to serve the misfits, the underdogs. The way we choose our athletes and our partners, we always want to show the blood, sweat and tears that their sport and culture bring to the table. To be honest, we lose business because of it: to be authentic means we're not going to copy whatever is selling. We are going to create our own version of what we think is right.' Second, he said, is innovation. And third, is the fact that it is 'a disruptive brand. We love to do things differently.' Amato said Oakley views itself as 'very rebellious, but in an optimistic way. We are unapologetically authentic.' The brand is still rooted in sports but lifestyle product has become more important in recent years, he said. 'Sports is what we breathe. It's who we are, it's where we started. So every single year, we bring two or three innovations for sports that are going to resolve unsolved problems.' One example, he said, is the company's high-definition optics lenses. 'Oakley was the first brand in history to develop a lens that was optically correct,' Amato claimed. In layman's terms, before the development, lenses were all created from flat pieces of glass. Oakley created glass that followed the angle of the eye, effectively cutting down on eye fatigue. The brand today is most popular in snow sports, cycling, surf and skate, Amato said. Although Oakley got its start in motorsports, because it's based in California, it was embraced early on by athletes playing beach volleyball, surfing and skating. More recently, he said, the brand is seeing football as a growth opportunity. Oakley produces all the visors, or face shields, for the NFL as well as licensed eyewear for the league. Kansas City Chiefs quarterback Patrick Mahomes is also an ambassador. 'The NFL came to us with a problem,' Amato said. 'That was the safety of the athletes, and we turned that problem into a solution and an opportunity.' When athletes such as Mahomes — and Michael Jordan before him — became ambassadors, it helped Oakley cross over into lifestyle. 'This is the moment Oakley progressed outside of sports towards culture,' Amato said. 'But we learned that to be a sports brand that we wanted to be, we needed to take the ethos that we developed for sports and find partners and ways to progress these towards culture.' That includes Travis Scott, who was just named chief visionary of the company. Under the terms of the deal, the rapper and entrepreneur and his Cactus Jack team will work to push the brand further into the cultural arena. 'We opened the door of the bunker for him because he is a creator,' Amato said. 'He's someone who envisions the future the same way we do.' Oakley also produces prescription sunglasses, an area Amato termed a huge opportunity for the company. 'We are not known as a prescription brand, and we even created a campaign two years ago that we still run, that says: 'And you thought we only did sunglasses?' Prescription is a very relevant part of our business because people trust Oakley as a performance brand. We just needed to tell them.' Apparel is a growing part of the business as well. Amato said for the past five years, Oakley has sought to bring the 'transformative, disruptive, innovative ethos of Oakley into footwear and apparel.' Since then, the category has become 'a substantial part of the collection,' he said, pointing to a recent collaboration with Brain Dead on footwear that 'brought us to the epicenter of culture and subculture. We hope by the 2028 Olympic Games that it's going to be half of our business. We're bringing forward some very cool shoes and pieces of apparel.' That includes a Travis Scott collection, some of which the company has already begun teasing. Amato said to expect some teams in the 2026 Winter Olympics in Cortina, Italy, to be sporting Oakley apparel on the snow as well. The company has a strong wholesale business with Luxottica-owned retailers, Sunglass Hut and Lenscrafters, as well as some other smaller optical retailers. It operates 183 of its own stores in North America as well as units in other countries where the apparel and footwear are on display along with the eyewear. He said that while some of the back office operations of the company are run by Luxottica, which does not break out sales for its individual divisions, the parent company gives Oakley management 'full autonomy to drive the brand in the way it should be driven.' As a result, its headquarters remain in California and its design team is headquartered there. The company is also free to sign ambassadors that are right for the brand such as Mahomes, Scott, NBA star Jaylen Brown, skier Mikaela Shiffrin, and soccer players Alessia Russo and Kylian Mbappé, among others. Looking ahead to the next 50 years, Amato said the goal is to keep trying to create for the future and inviting consumers to be a part of that journey. He pointed to the company's most-recent innovation, the Oakley Meta HSTN glasses collection, as an example. The glasses have a camera built into the frame, can play music and get responses using Meta AI. The glasses, which retail for $399 and up, launch on Friday. 'We always dreamed about making your eyewear a sort of human amplifying device,' Amato said. 'So when we were talking with Meta about how to create eyewear that amplifies human potential, we challenged ourselves about artificial intelligence. Is it artificial? And we landed on a name that it's actually eclectic intelligence.' He said rather than using a phone to capture a moment, the wearer can simply say: 'Meta, capture what I'm seeing.' Or it can be asked to play a certain musical artist. In addition, in celebration of its 50th anniversary, the company is debuting the Oakley Ellipse 50th Anniversary eyewear collection. The glasses are shaped like the Oakley logo and are designed to be reminiscent of the brand's history with the curved lines referencing the aesthetic of the '90s, a stem jog inspired by today's bestselling Radar EV, and a futuristic lens shape crafted with PhysioMorphic Geometry, the company said. The glasses are available in a Midas Fleck colorway, with a black lucid treatment and gold details, featuring Prizm 24K lenses. 'The Oakley Ellipse 50th Anniversary celebrates half a century of Oakley innovation by taking the most iconic bit of our branding and putting it front and center as a design element,' said Nick Garfias, Oakley's vice president of design. 'What's more is it plants a flag for us and our fans about what lies ahead. Oakley designs are about progression and advancement, but just as things will continue to evolve, certain things will remain the same: our DNA.' Amato summed it up this way: 'We believe in being an enabler for you to express yourself and amplify what you can do while doing sports or in your life.' Best of WWD Lexxola Launches New Style: The Neo Chrome Hearts Debuts High-performance Ski Goggles Marchon and Lacoste Extend Eyewear Licensing Agreement Sign in to access your portfolio
Yahoo
10-07-2025
- Business
- Yahoo
STMicroelectronics and Metalenz Sign a New License Agreement to Accelerate Metasurface Optics Adoption
300mm metasurface optics manufactured by ST, integrating Metalenz IP T4717D STMicroelectronics and Metalenz Sign a New License Agreement to Accelerate Metasurface Optics Adoption New license agreement enabling the proliferation of metasurface optics across high-volume consumer, automotive and industrial markets: from smartphone applications like biometrics, LIDAR and camera assist, to robotics, gesture recognition, or object detection. The agreement broadens ST's capability to use Metalenz IP to produce advanced metasurface optics while leveraging ST's unique technology and manufacturing platform combining 300mm semiconductor and optics production, test and qualification. Geneva, Switzerland, and Boston, MA, USA – July 10, 2025 — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and Metalenz, the pioneer of metasurface optics, announced a new license agreement. The agreement broadens ST's capability to use Metalenz IP to produce advanced metasurface optics while leveraging ST's unique technology and manufacturing platform combining 300mm semiconductor and optics production, test and qualification. "STMicroelectronics is the unique supplier on the market offering a groundbreaking combination of optics and semiconductor technology. Since 2022, we have shipped well over 140 million metasurface optics and FlightSense™ modules using Metalenz IP. The new license agreement with Metalenz bolsters our technology leadership in consumer, industrial and automotive segments, and will enable new opportunities from smartphone applications like biometrics, LIDAR and camera assist, to robotics, gesture recognition, or object detection,' underlined Alexandre Balmefrezol, Executive Vice President and General Manager of STMicroelectronics's Imaging Sub-Group. 'Our unique model, processing optical technology in our 300mm semiconductor fab, ensures high precision, cost-effectiveness, and scalability to meet the requests of our customers for high-volume, complex applications." 'Our agreement with STMicroelectronics has the potential to further fast-track the adoption of metasurfaces from their origins at Harvard to adoption by market leading consumer electronics companies,' said Rob Devlin, co-founder and CEO of Metalenz. 'By enabling the shift of optics production into semiconductor manufacturing, this agreement has the possibility to further redefine the sensing ecosystem. As use cases for 3D sensing continue to expand, ST's technology leadership in the market together with our IP leadership solidifies ST and Metalenz as the dominant forces in the emergent metasurface market we created.' The new license agreement aims to address the growing market opportunity for metasurface optics projected to experience significant growth to reach $2B by 2029*; largely driven by the industry's role in emerging display and imaging applications. (*Yole Group, Optical Metasurfaces, 2024 report) Note to editorsIn 2022, metasurface technology from Metalenz, which spun out of Harvard and holds the exclusive license rights to the foundational Harvard metasurface patent portfolio, debuted with ST's market leading direct Time-of-Flight (dToF) FlightSense modules. Replacing the traditional lens stacks and shifting to metasurface optics instead has improved the optical performance and temperature stability of the FlightSense modules while reducing their size and complexity. The use of 300mm wafers ensures high precision and performance in optical applications, as well as the inherent scalability and robustness advantage of semiconductor manufacturing process. About STMicroelectronicsAt ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027. Further information can be found at About MetalenzMetalenz is at the forefront of driving innovation in optics with metasurface technology, providing solutions that redefine the possibilities of mobile imaging and sensing. Metalenz is the first company to bring metasurfaces to mass markets, with millions of its meta-optics already integrated in consumer devices, combining the functionality of three or four complex lenses and components into a single flat device, mass produced in existing semiconductor foundries. The company's first full system solution, Polar ID, is a groundbreaking, ultra-secure, small, and affordable face unlock solution for mobile that harnesses the unique polarized light sorting capabilities of metasurfaces, enabling mobile devices to see beyond the limits of current visual systems. CONTACTS STMicroelectronics INVESTOR RELATIONSJérôme Ramel EVP Corporate Development & Integrated External Communication Tel: +41.22.929.59.20 MEDIA RELATIONS Alexis BretonCorporate External Communications Tel: +33.6.59.16.79.08 Metalenz Carly GlovinskiSr. Marketing Managermedia@ Attachments 300mm metasurface optics manufactured by ST, integrating Metalenz IP July 10 2025 -- ST and Metalenz new agreement_PRESS RELEASEError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Entertainment
- Yahoo
Tom Schwartz Makes Damning Declaration on Living Next to Jax: "We're Supposed To Be Honest..."
Even though Tom Schwartz alerted The Valley's Jax Taylor that the townhouse next door to his was available, he was still hesitant about rolling out the welcome mat for his new neighbor on move-in day. Tom made the candid confession on The Valley After Show for Season 2, Episode 13, after Jesse Lally joked about relocating to a nearby unit as well. "Please don't, dude," the Vanderpump Rules alum begged in the above clip, admitting, "I was really worried about the optics." "We're supposed to be honest... I was worried what the girls would think about the dynamic," Tom continued. "Us two Peter Pan Syndrome divorced guys, bar owners, can't grow up, living next to each other. They're frat boys." Even Jax chimed in to concede, "Doesn't look good." Luckily, the living arrangement has apparently been working "great" for the duo, so far, though. "I've protected my peace. There's a healthy boundary that he respects, we respect," Schwartz added. "He's never pounding on the wall; he's not pounding on my door." In fact, he said that he's "so happy in that space," in general, following his 2022 divorce from Katie Maloney. RELATED: Jax Taylor Makes a Prediction About Tom Schwartz's Dating Life "Aside from the beautiful home I had with Katie... this is the second most beautiful, peaceful place I've ever lived in my life," Schwartz continued of his "sanctuary." From Jax's POV, Schwartz is equally respectful of him, adding that he'll "come over for a beer" from time to time. Having a "best friend" next door who had also gone through a public split after a decade-long relationship has helped "lonely" Jax navigate sobriety and his own divorce from Brittany Cartwright — even when Schwartz has to give him some tough love. RELATED: Tom Schwartz Defends Brittany Cartwright From Jax Taylor: "Her Heart's F--king Broken" "I'm obviously going through hell right now, and I can bounce ideas or thoughts off [him]," Jax said on the After Show. "I need to be close to friends that can help me pick me up, ya know? I feel like if I was alone, I would be struggling a little bit more. So, it's nice to have, ya know, my friend next door to me and be there for me. I really appreciate it." One such instance to illustrate that dynamic arose in The Valley's July 8 episode when Schwartz brought "sad man" Jax several frozen dinners (i.e. "the official meal of someone who's getting divorced") and the gossip session quickly turned to the topic of his and Brittany's split. As Jax recapped a conversation he'd just had with his estranged wife during which he questioned if they exhausted all possible options, such as couples therapy, and "really, really want" to move forward with divorce proceedings. Related: Brittany & Jax Detail Shocking Off-Camera Conversation With Therapist on Moving Next to Schwartz Accusing Jax of possibly "trying to instill a seed of doubt" in Brittany's mind, Schwartz responded that his idea to "put a pin" in the divorce was "a bad idea." "Dude, I think it's a ticking time bomb," Schwartz told him. "I think you guys should date other people, explore other options for a year, try to work on being good co-parents. ... I do think there needs to be healthy boundaries." Sign up for Bravo Insider and read behind-the-scenes features including: Summer House Cast Reveals Behind-the-Scenes Filming Secrets (Including Those Mystery Packages) Real Housewives on Vacation: The Delicate Science Behind Group Trip Room Assignments Porsha Williams Details Journey From "Innocent" RHOA Newbie to "Supernova" on Season 16 From "Friend of" to Full-Time Real Housewife: Keiarna & Shamea Tell All See Schwartz revisit how Jax "hazed" him when they were roommates on Vanderpump Rules in the After Show clip above, and don't miss a look inside their homes today.
