OFC

LanzaTech Forms Joint Venture with Olayan Financing Company to Deploy Carbon Recycling Technology in Saudi Arabia

Retrieved on: 
Wednesday, October 25, 2023

SKOKIE, Ill., Oct. 25, 2023 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, and Olayan Financing Company (OFC), the parent company of The Olayan Group’s businesses and investments in Saudi Arabia and the Middle East, have formed a joint venture company in the Kingdom of Saudi Arabia (KSA) to accelerate the commercial deployment of LanzaTech’s carbon recycling technology in hard-to-abate industries within the Kingdom.

Key Points: 
  • SKOKIE, Ill., Oct. 25, 2023 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, and Olayan Financing Company (OFC), the parent company of The Olayan Group’s businesses and investments in Saudi Arabia and the Middle East, have formed a joint venture company in the Kingdom of Saudi Arabia (KSA) to accelerate the commercial deployment of LanzaTech’s carbon recycling technology in hard-to-abate industries within the Kingdom.
  • The joint venture will deploy and develop projects utilizing LanzaTech’s carbon recycling technology within KSA and selectively across the broader Middle East.
  • “To succeed in financing this new distributed, circular carbon economy, we need to bring together capital and technology to achieve exponential growth.
  • Through this joint venture we can get more steel in the ground and more plants online to capture and recycle waste carbon.

Coherent Wins ECOC 2023 Award for Most Innovative Product With 200G PAM4 Mach-Zehnder Modulated Semiconductor Laser

Retrieved on: 
Tuesday, October 3, 2023

This PIC enables 200G per lane in both retimed and linear pluggable 800G and 1.6T transceivers.

Key Points: 
  • This PIC enables 200G per lane in both retimed and linear pluggable 800G and 1.6T transceivers.
  • The 200G PAM4 DFB-MZ was first demonstrated at OFC 2023 in March.
  • Coherent is again showing a live demonstration of the 200G PAM4 DFB-MZ at ECOC 2023, this week in Glasgow, Scotland, Stand #406.
  • This live demonstration showcases the DFB-MZ that transmits a 200G PAM4 signal over a 6 km fiber.

Coherent Introduces Industry’s First 1200 mW Pump Laser Module for Optical Amplification in DWDM Networks

Retrieved on: 
Thursday, September 21, 2023

PITTSBURGH, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in pump laser technology for erbium-doped fiber amplifiers (EDFAs) deployed in optical networks, today announced the industry’s first pump laser module with 1200 mW of output power in a 10-pin butterfly package.

Key Points: 
  • PITTSBURGH, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in pump laser technology for erbium-doped fiber amplifiers (EDFAs) deployed in optical networks, today announced the industry’s first pump laser module with 1200 mW of output power in a 10-pin butterfly package.
  • The 1200 mW pump lasers from Coherent provide the additional power needed to amplify the larger number of channels supported by these next-gen ultra-broadband optical transmission systems while meeting the stringent reliability requirements of these advanced networks.
  • “This is the highest-power commercially available pump laser module on the market, fully qualified, and available today,” said Dr. Beck Mason, EVP, Telecommunications Business Unit.
  • “Together with our new dual-chip pump laser module, previously announced at OFC 2023, this 1200 mW module gives us the leading portfolio of high-power pump solutions.

HFCL Launches Revolutionary Intermittently Bonded Ribbon (IBR) Fibre Cables to Supercharge UK's Fibre Build Plans

Retrieved on: 
Wednesday, September 20, 2023

HFCL Limited (HFCL), a leading technology enterprise and integrated next-gen communications product and solution provider, today announced the launch of its revolutionary Intermittently Bonded Ribbon (IBR) Cables in the United Kingdom (UK).

Key Points: 
  • HFCL Limited (HFCL), a leading technology enterprise and integrated next-gen communications product and solution provider, today announced the launch of its revolutionary Intermittently Bonded Ribbon (IBR) Cables in the United Kingdom (UK).
  • The basis of the new cables is individual Intermittently Bonded Ribbons, each made up of 12 optical fibres, which are bonded together at specific intervals along their lengths.
  • Groups of IBRs can, therefore, be bundled together into cables that provide twice the fibre packing density of traditional cables in the same volume.
  • IBR cables enable installation of higher fibre counts in small diameter ducts, especially useful in congested areas with very limited space.

COPT to Present at the BofA Securities 2023 Global Real Estate Conference

Retrieved on: 
Friday, September 8, 2023

Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its President and CEO, Stephen E. Budorick, will provide an overview of the Company and participate in a question and answer session at the BofA Securities 2023 Global Real Estate Conference.

Key Points: 
  • Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its President and CEO, Stephen E. Budorick, will provide an overview of the Company and participate in a question and answer session at the BofA Securities 2023 Global Real Estate Conference.
  • The presentation will be held on Tuesday, September 12, 2023 at 1:25 p.m. Eastern Time.
  • A live audio webcast of the presentation will be available in the ‘News & Events – IR Calendar’ section of COPT’s Investors website: https://investors.copt.com/news-events/ir-calendar

Corporate Office Properties Trust Announces Pricing of $300 Million of Exchangeable Senior Notes

Retrieved on: 
Friday, September 8, 2023

Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its operating partnership, Corporate Office Properties, L.P. (the “Operating Partnership”), has priced the previously announced offering of $300 million aggregate principal amount of its 5.25% Exchangeable Senior Notes due 2028 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Key Points: 
  • Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced today that its operating partnership, Corporate Office Properties, L.P. (the “Operating Partnership”), has priced the previously announced offering of $300 million aggregate principal amount of its 5.25% Exchangeable Senior Notes due 2028 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
  • The Operating Partnership also granted the initial purchasers of the Notes an option to purchase, during a 13-day period beginning on, and including, the first date on which the Notes are issued, up to an additional $45 million aggregate principal amount of Notes.
  • The Notes will mature on September 15, 2028, unless earlier exchanged, redeemed, or repurchased.
  • The Company will fully and unconditionally guarantee the Notes on a senior unsecured basis.

Corporate Office Properties Trust Announces Proposed Private Placement of $300 Million of Exchangeable Senior Notes

Retrieved on: 
Wednesday, September 6, 2023

The Operating Partnership also intends to grant the initial purchasers of the Notes an option to purchase up to an additional $45 million aggregate principal amount of Notes.

Key Points: 
  • The Operating Partnership also intends to grant the initial purchasers of the Notes an option to purchase up to an additional $45 million aggregate principal amount of Notes.
  • The Notes will be the Operating Partnership’s senior unsecured obligations and will accrue interest payable semi-annually in arrears.
  • The Company will fully and unconditionally guarantee the Notes on a senior unsecured basis.
  • The interest rate, exchange rate and other terms of the Notes will be determined at the time of pricing of the Offering.

Corporate Office Properties Trust Rebrands to COPT Defense Properties

Retrieved on: 
Tuesday, September 5, 2023

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) today announced that the Company is changing its name to COPT Defense Properties (“COPT Defense”) and its ticker symbol for its common shares listed on the New York Stock Exchange from “OFC” to “CDP” effective September 15, 2023.

Key Points: 
  • Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) today announced that the Company is changing its name to COPT Defense Properties (“COPT Defense”) and its ticker symbol for its common shares listed on the New York Stock Exchange from “OFC” to “CDP” effective September 15, 2023.
  • Additionally, the critical nature of our tenants’ missions insulates the Defense/IT portfolio from the headwinds of work from home trends and corporate rightsizing, which are affecting the broader office sector.
  • “We elected to retain the acronym COPT, to be used as a proper name, because our tenants have used this name for the Company for over 25-years.
  • Our team has built an incredible track record of development and operating excellence associated with COPT, which translates to immense brand value with our Defense customers.

NTT Succeeds at Frequency Stabilization of an Electro-Optic Modulation-Based Optical Frequency Comb

Retrieved on: 
Tuesday, August 15, 2023

An optical frequency comb (OFC) [1] is an optical signal that has a comb-like emission line spectrum on the frequency axis and is used for optical frequency measurement and precise frequency conversion from light to microwave.

Key Points: 
  • An optical frequency comb (OFC) [1] is an optical signal that has a comb-like emission line spectrum on the frequency axis and is used for optical frequency measurement and precise frequency conversion from light to microwave.
  • On the other hand, as the EO comb moves away from the seed light source on the frequency axis, microwave noise is superimposed and the frequency becomes unstable, so the frequency must be stabilized.
  • NTT and Tokyo Denki University have been researching technology to stabilize the frequency of EO comb [8].
  • Applications of optical frequency measurement:
    As a stabilized EO comb application, NTT focused on absolute optical frequency measurement technology and determined the optical frequency fs of the seed light source.

COPT Declares Third Quarter 2023 Common Dividend

Retrieved on: 
Thursday, August 10, 2023

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.285 per common share for the third quarter ending September 30, 2023.

Key Points: 
  • Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.285 per common share for the third quarter ending September 30, 2023.
  • The third quarter 2023 dividend represents an annualized amount of $1.14 per share and is payable on October 16, 2023, to shareholders of record on September 29, 2023.