Ayar

Ayar Labs Adds Silicon Industry Veterans to Accelerate Growth

Retrieved on: 
Thursday, January 11, 2024
Technology, Hardware, Semiconductor, Other Technology, Computer science and engineering, Silicon, Intuition, Intel, MaxLinear, PCI Express, Associate, Intuitive Surgical, Professor, Multimedia, IonQ, AI, Microchip Technology, University, Ecosystem, Growth, MIT, IPO, TBPS, Electrical engineering, Rogers Corporation, Machine learning, Barratt, Ayar, Barefoot Networks, FPGA, Computer science, Management

Ayar Labs , a leader in silicon photonics for chip-to-chip connectivity, today announced two additions to its Board of Directors.

Key Points: 
  • Ayar Labs , a leader in silicon photonics for chip-to-chip connectivity, today announced two additions to its Board of Directors.
  • “The work Ayar Labs is doing to make optical I/O a reality is essential to the forward progress of the entire industry.
  • I look forward to helping Ayar Labs expand its reach across the ecosystem as the company moves into its next phase of growth,” said Moorthy.
  • Ayar Labs’ leadership in breakthrough optical I/O solutions enables system performance that is not possible with alternative approaches,” said Barratt.

Ayar Labs Names Mark Wade CEO

Retrieved on: 
Monday, December 11, 2023
Networks, Semiconductor, Hardware, Data Management, Technology, Hewlett-Packard, Ayar, Intel Capital, MIT, Pathfinder, PCI Express, University of California, Berkeley, FPGA, Light, Machine learning, Rod Humble, Growth, Playground Global, UC, Silicon, TBPS, Video game, NVIDIA

Ayar Labs , a leader in silicon photonics for chip-to-chip connectivity, today announced the appointment of co-founder and CTO Mark Wade to serve as its new Chief Executive Officer (CEO).

Key Points: 
  • Ayar Labs , a leader in silicon photonics for chip-to-chip connectivity, today announced the appointment of co-founder and CTO Mark Wade to serve as its new Chief Executive Officer (CEO).
  • “I’m humbled and honored to take on the role of CEO for Ayar Labs,” Wade said.
  • Mark Wade is recognized as a pioneer in photonics technologies and, prior to founding Ayar Labs, led the team that designed the optics in the world's first processor to communicate using light.
  • He and his co-founders invented breakthrough technology at MIT and UC Berkeley from 2010-2015 which led to the formation of Ayar Labs.

OMNIVISION Unveils the Medical Industry’s Ultra-Thin Cable Module for Single-Use Endoscopes

Retrieved on: 
Monday, June 12, 2023
Software, Mobile, Wireless, Networks, General Health, Hardware, Electronic Design Automation, Medical Devices, Technology, Semiconductor, Photography, Audio, Video, Health, Ayar, Sterilization, Original equipment manufacturer, IEC, System, LED, Neuro, EMI, Light-emitting diode, Endoscopy, EMC, ISO, Surgeon, Television, Medical device

“The medical industry is moving toward smaller, higher-resolution endoscopes with ultra-thin cables that can reach deeper inside the body.

Key Points: 
  • “The medical industry is moving toward smaller, higher-resolution endoscopes with ultra-thin cables that can reach deeper inside the body.
  • In addition, medical-device OEMs need the flexibility to customize their designs for specific endoscopy procedures,” said Ehsan Ayar, medical product marketing manager, OMNIVISION.
  • “As the medical industry’s leading image sensor provider, we are addressing our customers’ needs for a turnkey imaging solution with the OCHTA cable module.
  • Ayar added, “The ultra-thin OCHTA cable module is designed for endoscopes used in minimally invasive surgery, including neuro, ophthalmic, cardiac, spinal, ob-gyn and utero-renal procedures.

Lucid Group, Inc. Announces Pricing of Public Offering of Common Stock and Corresponding Investment by an Affiliate of PIF for Aggregate Gross Proceeds of Approximately $3.0 Billion

Retrieved on: 
Thursday, June 1, 2023
Public Investment Fund, BofA Securities, EDGAR, Sale, Public expenditure, Form S-3, Lucid Motors, Ayar, Form, Security (finance), Lucid

NEWARK, Calif., May 31, 2023 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it priced its underwritten public offering of 173,544,948 shares of its common stock for aggregate gross proceeds to Lucid of approximately $1.2 billion.

Key Points: 
  • NEWARK, Calif., May 31, 2023 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it priced its underwritten public offering of 173,544,948 shares of its common stock for aggregate gross proceeds to Lucid of approximately $1.2 billion.
  • The public offering is expected to close on or about June 5, 2023, subject to customary closing conditions.
  • The private placement is expected to close on June 26, 2023 and is subject to completion of the public offering and customary closing conditions.
  • As a result of these purchases, Ayar expects to maintain its approximate 60.5% ownership of Lucid's outstanding common stock.

Lucid Group, Inc. Announces Public Offering of Common Stock and Corresponding Investment by an Affiliate of PIF for Aggregate Expected Gross Proceeds of Approximately $3.0 Billion

Retrieved on: 
Wednesday, May 31, 2023
Public Investment Fund, BofA Securities, EDGAR, Sale, Public expenditure, Form S-3, Lucid Motors, Ayar, Form, Security (finance), Lucid

NEWARK, Calif., May 31, 2023 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today the commencement of a public offering of 173,544,948 shares of its common stock.

Key Points: 
  • NEWARK, Calif., May 31, 2023 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today the commencement of a public offering of 173,544,948 shares of its common stock.
  • BofA Securities, Inc. is acting as book-running manager for the public offering.
  • In addition, Lucid's majority stockholder and affiliate of the Public Investment Fund ("PIF"), Ayar Third Investment Company ("Ayar"), has agreed to purchase from Lucid 265,693,703 shares of Lucid common stock in a private placement for an aggregate purchase price of approximately $1.8 billion.
  • The private placement is expected to close on June 26, 2023 and is subject to completion of the public offering and customary closing conditions.

Ayar Labs Adds $25 Million in Expansion of Its $130 Million Series C

Retrieved on: 
Wednesday, May 24, 2023
Semiconductor, Data Management, Technology, Software, Artificial Intelligence, Hardware, Business development, Intel Capital, Senior, Telecommunications, GlobalFoundries, C1, General partnership, Multimedia, Electro, Machine learning, Pathfinder, Capital, Silicon, Copper, AI, Hewlett-Packard, Cryptocurrency, Computer data storage, Video game, Engineering, NVIDIA, Series, Ayar

Ayar Labs , a leader in silicon photonics for chip-to-chip connectivity, today announced it has raised an additional $25 million in Series C1 funding, bringing its total Series C raise to $155 million.

Key Points: 
  • Ayar Labs , a leader in silicon photonics for chip-to-chip connectivity, today announced it has raised an additional $25 million in Series C1 funding, bringing its total Series C raise to $155 million.
  • VentureTech Alliance also entered the Series C expansion that included participation by previous investors Boardman Bay Capital Management, IAG Capital Partners, NVIDIA, and Tyche Partners.
  • View the full release here: https://www.businesswire.com/news/home/20230524005128/en/
    Photo of Ayar Labs TeraPHY™ optical I/O chiplet wafer.
  • NVIDIA, which participated in Ayar Labs’ earlier Series C raise in April 2022 , increased its investment in the company.

Ayar Labs Demonstrates Industry’s First 4-Tbps Optical Solution, Paving Way for Next-Generation AI and Data Center Designs

Retrieved on: 
Wednesday, March 1, 2023
Semiconductor, Data Management, Technology, Software, Artificial Intelligence, Hardware, FEC, Florida Small Business Development Center Network, Silicon, OFC, Data-rate units, Compound annual growth rate, HPC, AI, Supernova, Wavelength-division multiplexing, NVIDIA, TBPS, GlobalFoundries, Conference, WDM, Artificial intelligence, Optics, Business development, Photonics, Multimedia, Memory, CMOS, Data, Computer data storage, Labs, Ayar

Separately, the company was featured in an announcement with partner Quantifi Photonics on a CW-WDM-compliant test platform for its SuperNova™ light source, also at OFC.

Key Points: 
  • Separately, the company was featured in an announcement with partner Quantifi Photonics on a CW-WDM-compliant test platform for its SuperNova™ light source, also at OFC.
  • View the full release here: https://www.businesswire.com/news/home/20230301005515/en/
    Ayar Labs TeraPHY™ optical I/O chiplet capable of 2 Tbps of bandwidth at less than 5 pJ/b of power and 5 nanoseconds of latency, with a reach of millimeters to kilometers.
  • Delivered in a compact, co-packaged CMOS chiplet, optical I/O becomes foundational to next-generation AI, disaggregated data centers, dense 6G telecommunications systems, phased array sensory systems and more.
  • “Projections of rapidly growing training dataset sizes underline that data will become the main bottleneck for scaling machine learning (ML) models, resulting in a potential slowdown in Artificial Intelligence (AI) progress.

Astute Group unveils Revenue Generation Funnel™ to deliver on B2B expectations of fractional CMOs in the 21st Century

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Wednesday, January 4, 2023
Strategic planning, CMOS, CPA, Communication, PayPal, Learning, History, Confusion, Growth, Marketing, Consultant, KPI-driven code analysis, Certification, Workforce, RGR, Romi, CMO, Fear, Ayar, Research, Acquisition, Management, Sales

DETROIT, Jan. 4, 2023 /PRNewswire-PRWeb/ -- Astute Group, a firm offering specialized fractional chief marketing officer services for business-to-business (B2B) companies, announces the launch of its exclusive Revenue Generation Funnel™ to align B2B suppliers with modern purchasing practices.

Key Points: 
  • However, the strategy and tactics for achieving each phase's objective is custom developed for each client's business model and offerings.
  • After all, it is the 21st century, the digital age, so why are businesses still using outdated practices to generate sales revenue?
  • The Astute Revenue Generation Funnel eliminates the confusion by focusing on how the fractional CMO impacts the bottom line.
  • "Our fractional CMOs focus on four critical executive functions that generate greater value: strategic planning, execution, leadership and development," Ayar said.

Ayar Labs Expands Executive Team to Lead the Next Phase of Growth in Optical I/O Production and Broad Commercial Adoption

Retrieved on: 
Thursday, November 10, 2022
Semiconductor, Technology, Telecommunications, Mobile, Wireless, Networks, Internet, Hardware, Ecosystem, Manufacturing & Service Operations Management, Corsair Gaming, Arecont Vision, Laser, Massachusetts Avenue, San Francisco Bay Area, Ayar, MIT, Marvell, GlobalFoundries, Intel, Allied Telesis, Multimedia, NVIDIA, CXL, MRVL, Network interface controller, Ethernet Alliance, Massachusetts Institute of Technology, NASDAQ, Hewlett Packard Enterprise, Supply, Supply chain, STE, Marvell Technology Group, CRSR, Growth, CEO, Corsair, Oclaro, Marketing, Management, Video game console, Aquantia Corporation

View the full release here: https://www.businesswire.com/news/home/20221110005439/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221110005439/en/
    As Ayar Labs moves aggressively into the production of our core optical I/O technology, were turning our attention to scaling commercial efforts and expanding our product line both horizontally and vertically, said Charles Wuischpard, CEO of Ayar Labs.
  • LK and Scott play a critical role in helping position us for the next exciting phase of growth as we lead not just the technical development but also the production of optical I/O.
  • Clark comes to Ayar Labs with extensive manufacturing, supply chain and operations senior leadership experience, most recently as Vice President of Supply Chain at Corsair Gaming (NASDAQ: CRSR).
  • In addition to the new executive leadership team hires, Ayar Labs has also expanded its office footprint in the San Francisco Bay Area and opened a new office in Cambridge, Mass.

Ayar Labs Partners with Department of Defense to Accelerate Transition to Optical I/O in Next-Gen Defense Applications

Retrieved on: 
Thursday, November 10, 2022
Data Management, Aerospace, Technology, Manufacturing, Semiconductor, Apps, Applications, Software, Government Technology, Defense, Contracts, Hardware, Laser, Research, Naval Surface Warfare Center Crane Division, NSWC, RF, MCP, Technology, Intel, Task Force ODIN, R, Project, Task, OTA, Naval Surface Warfare Center, CEO, United States Department of Defense, FPGA, OUSD, Video game console, Computer data storage, Ayar, Defense

This project will promote the next-level development of Ayar Labs optical interconnects to lead its transition into the Defense Departments advanced packaging ecosystem.

Key Points: 
  • This project will promote the next-level development of Ayar Labs optical interconnects to lead its transition into the Defense Departments advanced packaging ecosystem.
  • During the first phase of Project KANAGAWA (Task A), Ayar Labs will deliver its optical I/O chiplets and lasers at data rate bandwidth levels exceeding 2 Tbps and energy losses below 5pJ/bit.
  • Project KANAGAWA comes at an important time for both our nation and Ayar Labs as we look to mature U.S.-based manufacturing for our optical I/O solutions, said Charles Wuischpard, CEO of Ayar Labs.
  • MCPs leveraging Ayar Labs optical I/O are poised to significantly expand the capabilities of defense microelectronics.