CA Market News
1週前
Enablence Announces Q1FY27 Order for Optical Communications Products to Support High-Speed AI HyperscalersJune 3, 2026 8:37 PM
Newsfile$5.3M Order with Products Beginning to Ship in Q4FY26Fremont, California--(Newsfile Corp. - June 3, 2026) - Enablence Technologies Inc. (TSXV: ENA), a leading provider of Planar lightwave optical chips (PLCs) used in datacom, telecom, automotive and artificial intelligence applications announced today a Q1FY27 customer order for its FR8 wavelength management products to support next-generation 800G and 1.6T optical transceivers for high-growth AI hyperscalers and other high performance computing (HPC) applications in North America. The Q1FY27 order is valued at $5.3 million with products beginning to ship in Q4FY26. Enablence's next-generation wavelength management products, also known as FR8 products, are a family of optical wavelength management semiconductor chips, that enables the transmission of high bandwidth data signals among 800G and 1.6T optical transceivers. These products use Enablence's Harmonic™ PLC based technology which provides lower signal loss and significantly lower crosstalk, resulting in improved power efficiency and error free data transfer rates, ensuring faster and more reliable high speed data communication. This is important for clustering GPUs and AI model training.Industry Background Growth among AI hyper-scalers in North America is accelerating the need for high-performance AI data centers. The success of these data centers depends on building powerful super nodes through scale-up architectures, then extending them across clusters through scale-out deployment within the datacenter. Enablence's optical semiconductor chips based on its Harmonic™ PLC technology, enables this approach by providing an efficient high-speed interconnect layer that enables compute resources to operate efficiently at scale. "This is our largest order to date. It is a significant growth opportunity for our company, expanding our value and footprint within next-generation AI data centers, while growing our North American installed base," noted Todd Haugen, CEO, Enablence Technologies. "AI performance is no longer defined by compute alone; it is increasingly defined by how efficiently data can move. Our chips power the optical transceivers which are the critical bridge between scale-up compute density and scale-out cluster performance," noted Haugen.Technology Background Optical transceivers carry data between compute functions such as GPUs or servers inside the modern AI datacenter. They perform two-way signal conversion-translating electrical data from the processor into pulses of light for fiber-optic transport and converting incoming light signals back into electrical data the GPU can understand. The growth in large-scale model training and AI agent deployment has made scaling hardware and networking infrastructure a focus. About EnablenceEnablence Technologies Inc. is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA). Enablence designs, manufactures, and sells advanced optical components, primarily in the form of PLCs and LiDAR technologies on silicon-based chips. Enablence optical products support a broad range of customers in the datacom, telecom, automotive and artificial intelligence industries. Enablence operates a wafer lab in Fremont, California with a design center in Canada and sales office in China, supported by sales and marketing operations worldwide. For more information, visit https://www.enablence.com/.For more information contact:
Brian Siegel, CFO Enablence Technologies Inc.
brian.siegel@enablence.comTodd Haugen, CEO Enablence Technologies Inc.
todd.haugen @scarcrowAli Mahdavi
Capital Markets & Investor Relations
am@spinnakercmi.comAlison Parnell, Media and Analysts
Hill and Kincaid Marketing & PR408-590-0137
press@hillandkincaid.comCautionary Note Regarding Forward-Looking InformationThis news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. These statements are based on current expectations that involve several risks and uncertainties which could cause actual results to differ from those anticipated. Although the Company believes that the expectations reflected in the forward-looking statements contained in this news release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. We caution our readers of this news release not to place undue reliance on our forward-looking statements as a few factors could cause actual results or conditions to differ materially from current expectations.Additional information on these and other factors that could affect the Company's operations are set forth in the Company's continuous disclosure documents that can be found on SEDAR+ (www.sedarplus.ca) under Enablence's issuer profile.Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether because of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.# # #To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300072 Original: Enablence Announces Q1FY27 Order for Optical Communications Products to Support High-Speed AI Hyperscalers
CA Market News
2週前
Enablence Technologies Announces Third Quarter 2026 Financial ResultsMay 27, 2026 7:43 PM
NewsfileOttawa, Ontario--(Newsfile Corp. - May 27, 2026) - Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a leading provider of optical chips and sub systems that perform communications, sensing and computing for datacom, telecom, automotive and artificial intelligence (AI) applications has filed its quarterly unaudited financial statements for the third quarter 2026 and related management's discussion and analysis and certifications (collectively, the "Financial Statements"). Electronic copies of the Financial Statements are available (www.sedarplus.ca) under Enablence's issuer profile.Commenting on the Company's Third Quarter 2026 financial results, Enablence CEO, Todd Haugen said, "I am pleased to report on a strong financial performance for the quarter ended March 31, 2026, resulting in expanding gross margins and our first positive gross margin quarter; the completion of key tooling and infrastructure onboarding at our Fremont wafer fab and the first production of assembly products from our new Vietnam fab. The long-term strategic growth plan is on track, and management is pleased to re-affirm its revenue guidance for financial year 2026." "Expanding North American AI infrastructure is powering demand across our legacy datacenter and communications business where optics is playing a key role in developing this critical infrastructure. This has also enabled us to make headway in growing our business. All three businesses - optical communications, sensing and compute - continue to demonstrate strong demand backed by a robust order book. As a result, we will continue to invest in opportunities that help us to accelerate our growth plan and ramp production capacity to meet that demand. To that end, we ended the third quarter by surpassing our wafer capacity goals, exceeding 2500 wafer starts per month through the quarter. Of significance is the accelerated ramp of our assembly products produced at our new Vietnam production facility. Prototype production began in the third quarter and exceeded our expectations following the signing of the strategic partnership with SYT in Q2FY26. Our Vietnam production capability enables us to meet strong demand from our U.S. hyper scalers in North America and the Rest of the World (RoW) with material revenue starting in FY27H2.""With a strong order book, expanded wafer capacity, and a rapidly growing AI and optics industry, we remain committed to our earlier guidance. Industry analysts' expectations point to strong industry growth through 2030. Against this backdrop, we expect to achieve profitability in calendar 2026 with continued strong performance in FY27. In addition, our previously stated guidance for fiscal 2026 remains unchanged with revenue guidance of $8 million ± $0.5 million."Financial HighlightsEnablence is pleased to provide the following highlights for the third quarter of Fiscal Year 2026 (all dollar figures are expressed in thousands of United States dollars):Revenue Growth: Revenue for the quarter ended March 31, 2026, was $2,247 as compared to $1,248 for the same period in the prior year, an increase of $999 or 80%.Gross Margin: The company's gross margin increased by $1,079, with a reported gross margin of $297 for the quarter, compared to $(782) in the previous year. Gross margin percentages were 13% and (63%) for the three months ended March 31, 2026 and 2025, respectively.Net Loss Decrease: Enablence reported a net loss of $3,778, compared to a $4,384 net loss in for same period last year, and decrease of 14%. The decrease in net loss was driven primarily by an increase in gross margin.Comprehensive Loss Position: The company's comprehensive loss decreased to $2,685 for the quarter, compared to $4,443 in the same period last year. The impact of the USD strengthened the comprehensive loss position.Continuing Investment: Investors continue to see evidence of gross margin and profit turnaround.The "Financial Highlights" above are qualified in their entirety by the Financial Statements, which are available on SEDAR+ (www.sedarplus.ca) under Enablence's issuer profile. For additional information on the Company, please refer to the investor presentation of the Company, which is available on Enablence's website (www.enablence.com/investors) in the "Corporate - Investors" tab.About Enablence Technologies Inc.Enablence is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA) that designs, markets and sells optical chips and sub systems, primarily in the form of planar lightwave circuits (PLC), on silicon-based chips for datacom, telecom, automotive and artificial intelligence (AI) applications. Enablence products serve a global customer base, primarily focused today on data center and other rapidly growing end markets. Enablence also works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR, and virtual and augmented reality headsets. In select strategic circumstances, the Company also uses its proprietary, non-captive fabrication plant in Fremont, California to manufacture chips designed by third party customers. For more information, visit: www.enablence.com.For more information contact:
Brian Siegel, CFO Enablence Technologies Inc.
brian.siegel@enablence.comTodd Haugen, CEO Enablence Technologies Inc.
todd.haugen@enablence.comAli Mahdavi
Capital Markets & Investor Relations
am@spinnakercmi.comAlison Parnell, Media and Analysts
Hill and Kincaid Marketing & PR408-590-0137
press@hillandkincaid.comCautionary Note Regarding Forward-Looking InformationThis news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. These statements are based on current expectations that involve several risks and uncertainties which could cause actual results to differ from those anticipated. Although the Company believes that the expectations reflected in the forward-looking statements contained in this news release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. We caution our readers of this news release not to place undue reliance on our forward-looking statements as a few factors could cause actual results or conditions to differ materially from current expectations.Additional information on these and other factors that could affect the Company's operations are set forth in the Company's continuous disclosure documents that can be found on SEDAR+ (www.sedarplus.ca) under Enablence's issuer profile.Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether because of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.# # #To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298965 Original: Enablence Technologies Announces Third Quarter 2026 Financial Results
CA Market News
1月前
Enablence Technologies Confirms No Material Undisclosed Information; Provides Update on Financing DiscussionsMay 4, 2026 6:02 PM
NewsfileOttawa, Ontario--(Newsfile Corp. - May 4, 2026) - Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a leading provider of optical chips for datacom, telecom, automotive and artificial intelligence (AI) applications, confirms that it is not aware of any material, undisclosed information regarding the Company, including any preliminary information, that would account for the recent increase in the price or trading volume of its common shares. Earlier today, Canadian Investment Regulatory Organization (CIRO) temporarily halted trading in the Company's shares pending the dissemination of this news release to ensure a fair and orderly market. Enablence's common shares trade on the TSX Venture Exchange under the symbol "ENA". The Company is aware of recent market volatility and notes that, to its knowledge, there has been no change in its business operations that would reasonably explain the movement in its share price or trading volume.The Company notes, however, that it is in discussions with its major stakeholders regarding the provision of additional capital to fund the Company's continued growth, and such transaction may involve a combination of financing measures, including debt restructuring initiatives, intended to enhance the Company's capital structure and liquidity. No definitive agreements have been entered into in respect of such transaction, the terms remain subject to further review and negotiation, and such transaction would be subject to applicable regulatory processes and approvals, including acceptance by the TSX Venture Exchange where required. There can be no assurance that the Company will proceed with such transaction or that any particular terms will be agreed to or implemented. The Company does not intend to make any further comment on these discussions unless and until it is appropriate to do so or required by applicable securities laws.About Enablence Technologies Inc.Enablence Technologies Inc. is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA). The Company designs, manufactures, and sells optical components, primarily in the form of planar Lightwave circuits (PLC), artificial intelligence (AI) and LiDAR technologies on silicon-based chips. Enablence products support a broad range of customers in the multi-billion, datacenter, telecom, automotive, and industrial automation industries. Enablence operates a wafer fab in Fremont, California, with design centers in Asia and North America supported by sales and marketing operations worldwide.Cautionary Note Regarding Forward-Looking InformationThis news release contains forward-looking statements within the meaning of applicable Canadian securities laws, including statements pertaining to potential recapitalization initiatives, timing and ability to obtain any required regulatory or stock exchange approvals, and the Company's intentions regarding future disclosure. Forward-looking statements are based on management's current expectations and assumptions and are subject to known and unknown risks and uncertainties, which may cause actual results to differ materially from those anticipated. Risks and uncertainties include, among others, the possibility that no definitive agreements will be reached, that required approvals will not be obtained on the terms or timelines anticipated or at all, and that market or business conditions may change. Additional information on these and other risk factors can be found in the Company's continuous disclosure documents available on SEDAR+ (www.sedarplus.ca). under Enablence's issuer profile. The Company does not undertake any obligation to update or revise forward-looking statements, except as required by law.For further information, contact: Todd Haugen
CEO, Enablence Technologies Inc.
todd.haugen@enablence.comBrian Siegel
CFO, Enablence Technologies Inc.
todd.haugen@enablence.comAli Mahdavi
Capital Markets & Investor Relations
am@spinnakercmi.comMedia and Analysts
Alison Parnell
Hill and Kincaid Marketing & PR
press@hillandkincaid.comNeither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295887 Original: Enablence Technologies Confirms No Material Undisclosed Information; Provides Update on Financing Discussions
CA Market News
3月前
Enablence Names Dr. James Gyarmathy as Chief Intelligence OfficerMarch 25, 2026 6:46 PM
NewsfileGyarmathy to Advance Intelligence Capabilities Across Enablence, Connecting Fabrication, Design, and Operations to Improve Yield, Uptime, and Speed to Market Fremont, California--(Newsfile Corp. - March 25, 2026) - Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a leading supplier of planar lightwave circuits (PLCs) optical chips for datacom, telecom, artificial intelligence (AI), and advanced vision applications, today announced the appointment of Dr. James Gyarmathy as Chief Intelligence Officer (CIO). Gyarmathy will be charged with transforming Enablence into an AI photonics semiconductor manufacturing company by speeding the implementation of new agentic AI capabilities across the global organization. This will include optimizing production, product development, design, and global operations, with the goal of improving yields, reducing equipment downtime, and designing and delivering the most advanced products to market faster than ever before. Dr. Gyarmathy will focus on advancing Enablence's intelligence capabilities across the organization by connecting fabrication, test, design, and operational data into a cohesive system that improves how the company understands and acts on its processes. This includes introducing agentic AI capabilities where they meaningfully enhance decision-making, with an emphasis on improving yield, reducing equipment downtime, and accelerating product development. "We have successfully implemented AI throughout our design, test, and quality processes, and now, with James' leadership, we plan to extend these capabilities across the organization," said Todd Haugen, CEO of Enablence Technologies. "She will help guide our evolution toward a more intelligent and responsive manufacturing environment, improving how we design, produce, and deliver advanced optical solutions to our customers."About Dr. Gyarmathy Prior to joining Enablence, Dr. Gyarmathy held senior roles at Microsoft and Booz Allen Hamilton, working at the intersection of artificial intelligence, networking infrastructure, and advanced systems architecture. She has extensive experience applying AI within complex engineering environments and scaling those capabilities across large organizations. Dr. Gyarmathy holds a Doctor of Engineering in Artificial Intelligence and Machine Learning from The George Washington University, with research focused on detecting and understanding yield behavior in semiconductor manufacturing through spatiotemporal analysis. She is also a patented inventor recognized for bridging advanced research and real-world implementation. Her doctoral work included analysis of Enablence's systems and manufacturing data. "The objective isn't to apply AI to optimize isolated parts of the process—it's to connect signals and intelligence across the system, from wafer fabrication to test, packaging, and assembly," said Dr. Gyarmathy. "Fabrication, test, design, and operations all generate signals, but are often overlooked in terms of data integration and optimization. By bringing those together, we can move from fragmented data to understanding and from understanding to action that improves yield, uptime, and development speed." "As the industry transitions to 800G, 1.6T, and ultimately 3.2T architectures, and accelerates the adoption of co-packaged optics, the challenge is no longer just bandwidth—it's how to efficiently scale optical interconnects within increasingly complex AI systems," said Todd Haugen. "This is where our PLC technology, combined with a more intelligent manufacturing approach, positions us to play an important role in the next generation of optical infrastructure."About Enablence TechnologiesEnablence Technologies Inc. is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA). The Company designs, manufactures, and sells optical components, primarily in the form of planar Lightwave circuits (PLC), artificial intelligence (AI) and LiDAR technologies on silicon-based chips. Enablence products support a broad range of customers in the multi-billion, datacenter, telecom, automotive, and industrial automation industries. Enablence operates a wafer fab in Fremont, California, with design centers in Asia and North America supported by sales and marketing operations worldwide.ContactTodd Haugen, CEO, Enablence Technologies Inc.
todd.haugen@enablence.comBrian Siegel, CFO, Enablence Technologies Inc.
brian.siegel@enablence.comAli Mahdavi, Capital Markets & Investor Relations
am@spinnakercmi.comAlison Parnell, Media and Analysts Relations, Hill and Kincaid Marketing & PR
CA Market News
3月前
ShunYun Technology and Enablence Technologies Announce Volume Strategic OSAT AgreementMarch 10, 2026 1:35 AM
NewsfileEnablence Ramps Capacity to Expand North American Optical Assemblies and Module BusinessFremont, California--(Newsfile Corp. - March 10, 2026) - ShunYun Technology Ltd. (SYT), a leading manufacturer of optical transceivers, and Enablence Technologies Inc. (TSXV: ENA), a leading supplier of planar lightwave circuit (PLC) optical products for datacom, telecom, AI, and advanced vision applications, today announced a strategic OSAT partnership for volume manufacturing of Enablence Technologies' optical products. Enablence Technologies continues to expand its worldwide production capacity to support growing demand for its communications, sensing, and compute products. A major growth driver for the Company is its North American optical assembly and module business, which is expanding rapidly as U.S. customers seek increased supply-chain predictability. Optical assemblies and modules have become critical to rapidly growing AI Datacenter space creating a backbone that enables AI, cloud computing, and high-density networking to scale rapidly. By delivering high-speed, low-latency connectivity with far greater power efficiency than traditional electrical or power-hungry active alternatives, they are not just supporting AI infrastructure-they have become crucial to addressing power, space, and cooling constraints in AI datacenters. The optical assemblies and module business is a fast-growing market opportunity, with industry analysts forecasting the market to exceed $40 billion by 2035. North America currently represents approximately 37% of the market powered by increased investments in computing infrastructure and AI applications by cloud leader like Google, Meta, Microsoft, and Amazon. "We are pleased to partner with SYT, a proven global high-volume manufacturer of optical transceiver modules," said Todd Haugen, CEO of Enablence Technologies. "The partnership combines Enablence proven planar lightwave optics chips and integrated photonics technology with SYT's proven module manufacturing and packaging processes. This exciting new partnership will help us ramp production of high-quality optics products for our growing North American customer base." "We are pleased to partner with Enablence Technologies to accelerate the growth of optical assemblies and optical module solutions," said Mike He, General Manager of SYT. "By combining Enablence's proven leadership in PLC technology with our advanced optical packaging and assembly expertise, this collaboration creates a powerful platform for delivering next-generation optical solutions to the market. The partnership with Enablence also aligns with our ongoing investments in key optical module technologies, including co-packaged optics (CPO), optical transceivers, optical engines, and advanced optical packaging and assembly to meet the increased demands of AI, cloud, and next-generation data center infrastructure."About ShunYun Technology (SYT)Founded in 1991, ShunYun Technology is a world-class manufacturer of optical transceiver modules and a subsidiary of Shunsin Group and Foxconn. The company operates manufacturing facilities in Hanoi City and Bac Giang City, Vietnam, and Zhongshan City, China, with a branch office in Taiwan. SYT partners with leading global technology companies across North America, Asia, and Europe. About Enablence Technologies Enablence Technologies Inc. is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA). The Company designs, manufactures, and sells optical components, primarily in the form of planar Lightwave circuits (PLC), artificial intelligence (AI) and LiDAR technologies on silicon-based chips. Enablence products support a broad range of customers in the multi-billion, datacenter, telecom, automotive, and industrial automation industries. Enablence operates a wafer fab in Fremont, California, with design centers in Asia and North America supported by sales and marketing operations worldwide.Contact:Media & Analysts
Alison Parnell
408-590-0137
press@hillandkincaid.comInvestors
Todd Haugen, CEO Enablence Technologies
+1 510-226-8900
Todd.haugen@enablence.comAli Mahdavi
Capital Markets & Investor Relations
am@spinnakercmi.comCautionary Note Regarding Forward-Looking InformationThis news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. These statements are based on current expectations and assumptions, including the impact of the Term Loan, the Vortex Loan Amendment and the Pinnacle I Loan Amendment, the ability of the Company to repay any indebtedness, the ability of the Company to continue its operations as contemplated, the use of proceeds from the Term Loan and the Pinnacle I Loan Amendment, and the receipt of final approval from the TSX Venture Exchange for the Term Loan, Vortex Loan Amendment and the Pinnacle I Loan Amendment. These statements are not guarantees of performance and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including risks, including the ability of the Company to comply with covenants under the Loan Agreement and all other loan agreements and facilities the Company and its subsidiaries are subject to, risks relating to the Company's operations, business and economic conditions generally, the terms and availability of future financing and the ability of the Company to repay any indebtedness in accordance with the terms thereof (or at all). Although the Company believes that the expectations reflected in the forward-looking statements contained in this news release, and the assumptions on which such forward- looking statements are made, are reasonable based on the information available as of the date hereof, there can be no assurance that such expectations or assumptions will prove to be correct. The Company cautions readers of this news release not to place undue reliance on the forward-looking statements contained herein as many factors could cause actual results or conditions to differ materially from current expectations. Additional information on these and other risk factors that could affect the Company's operations are outlined in the Company's continuous disclosure documents that can be found on SEDAR+ (www.sedarplus.ca) under Enablence's issuer profile. Enablence does not intend and disclaims any obligation, except as required by law, to update or revise any forward- looking statements, whether because of new information, future events, or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained herein.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287909
Original: ShunYun Technology and Enablence Technologies Announce Volume Strategic OSAT Agreement
CA Market News
3月前
Enablence Technologies Announces Second Quarter 2026 Financial ResultsMarch 2, 2026 9:37 PM
NewsfileOttawa, Ontario--(Newsfile Corp. - March 2, 2026) - Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a leading provider of optical chips and sub systems that perform communications, sensing and computing for datacom, telecom, automotive and artificial intelligence (AI) applications has filed its quarterly unaudited financial statements for the second quarter 2026 and related management's discussion and analysis and certifications (collectively, the "Financial Statements"). Electronic copies of the Financial Statements are available (www.sedarplus.ca) under Enablence's issuer profile.Commenting on the Company's Second Quarter 2026 financial results, Enablence CEO, Todd Haugen said, "Despite significant strategic investments in new tooling and infrastructure to meet strong demand from customers, delays in onboarding these toolsets at our Fremont fab, combined with a one-time inventory adjustment, resulted in lower second-quarter revenue. Importantly, this is a short-term ramping issue in terms of timing and does not reflect the overall trajectory of the business. Consequently, revenue guidance for fiscal year 2026 has been updated to reflect the short-term adjustment. With tooling onboarding now complete and inventory levels normalized, we expect to accelerate capacity expansion and resume long-term, revenue growth." "Though revenues declined in the second quarter, we are now better positioned to meet projected, long-term wafer capacity requirements and satisfy strong demand across our legacy datacom products as well as our AI and advanced vision solutions. We expect monthly wafer starts to increase from approximately 2,000 wafers per month to more than 4,000 wafers per month by the end of the first quarter of fiscal 2027. All three of our businesses - communications, sensing, and compute - continue to demonstrate a strong order book. Reflecting the revised ramp timing, we have updated our fiscal 2026 revenue guidance to $8 million ± $0.5 million. We remain highly confident in the long-range strategic growth plan," added Haugen.Financial HighlightsEnablence is pleased to provide the following highlights for the Second quarter of Fiscal Year 2026 (all dollar figures are expressed in thousands of United States dollars):Revenue Growth: Revenue for the quarter ended December 31, 2025, was $2,152 as compared to $1,380 for the same period in the prior year, an increase of $773 or 56%.Gross Margin: The company's gross margin increased by $1,097, with a reported gross margin of $(757) for the quarter, compared to $(473) in the previous year. Gross margin percentages were (35%) and (34%)f or the three months ended December 31, 2025 and 2024, respectively. Net Loss Increase: Enablence reported a net loss of $6,291, compared to a $4,036 net loss in for same period last year, an increase of 56%. The higher loss was driven by investments in R&D and manufacturing capacity as demand for the product increases markedly.Comprehensive Loss Position: The company's comprehensive loss increased to $7,231 for the quarter, compared to $1,887 in the same period last year. The impact of the USD strengthened the comprehensive loss position.Continuing Investment: Investors continue to see evidence of gross margin and profit turnaround as evidenced by the accordion funding provided during the quarter.The "Financial Highlights" above are qualified in their entirety by the Financial Statements, which are available on SEDAR+ (www.sedarplus.ca) under Enablence's issuer profile. For additional information on the Company, please refer to the investor presentation of the Company, which is available on Enablence's website (www.enablence.com/investors) in the "Corporate - Investors" tab.About Enablence Technologies Inc.Enablence is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA) that designs, markets and sells optical chips and sub systems, primarily in the form of planar lightwave circuits (PLC), on silicon-based chips for datacom, telecom, automotive and artificial intelligence (AI) applications. Enablence products serve a global customer base, primarily focused today on data center and other rapidly growing end markets. Enablence also works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR, and virtual and augmented reality headsets. In select strategic circumstances, the Company also uses its proprietary, non-captive fabrication plant in Fremont, California to manufacture chips designed by third party customers. For more information, visit: www.enablence.com.For more information contact:
Brian Siegel, CFO Enablence Technologies Inc.
brian.siegel@enablence.comTodd Haugen, CEO Enablence Technologies Inc.
todd.haugen@enablence.comAli Mahdavi
Capital Markets & Investor Relations
am@spinnakercmi.comAlison Parnell, Media and Analysts
Hill and Kincaid Marketing & PR408-590-0137
press@hillandkincaid.comCautionary Note Regarding Forward-Looking InformationThis news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. These statements are based on current expectations that involve several risks and uncertainties which could cause actual results to differ from those anticipated. Although the Company believes that the expectations reflected in the forward-looking statements contained in this news release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. We caution our readers of this news release not to place undue reliance on our forward-looking statements as a few factors could cause actual results or conditions to differ materially from current expectations.Additional information on these and other factors that could affect the Company's operations are set forth in the Company's continuous disclosure documents that can be found on SEDAR+ (www.sedarplus.ca) under Enablence's issuer profile.Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether because of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.# # #To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2725/286068_8be62e731474fbe8_001full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/286068
Original: Enablence Technologies Announces Second Quarter 2026 Financial Results
CA Market News
3月前
Enablence Technologies Strengthens Leadership Team: Jianhua Hu Named Fab Director, Robert Piper Appointed Chief of StaffFebruary 25, 2026 8:01 PM
NewsfileFremont, California--(Newsfile Corp. - February 25, 2026) - Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a leading supplier of planar lightwave circuit (PLC) optical chips for datacom, telecom, artificial intelligence (AI), and advanced vision applications, today announced the appointment of two seasoned technology executives to its senior management team. Jianhua Hu has been named Fab Director of the Company's Fremont wafer fabrication facility, and Robert Piper has been appointed Chief of Staff to the CEO.Hu and Piper will play a key role in the execution of Enablence's strategic growth plan, with a focus on operational scaling, equipment onboarding, and capacity expansion at the Company's Fremont fab. Their appointments strengthen Enablence's leadership team as it accelerates manufacturing readiness to meet increasing demand from next-generation data centers and advanced sensing applications. Over the past two years, Enablence has introduced multiple new optical products, expanded strategic technology and manufacturing partnerships, and invested in advanced tooling and materials to enhance operational performance and boost capacity. "I am pleased to welcome Jianhua and Bob to Enablence at this pivotal stage of our growth plan," said Todd Haugen, CEO of Enablence Technologies. "Jianhua brings deep experience driving operational excellence and consistently improving fab performance. Bob's leadership across global technology organizations will strengthen our execution discipline and operational rigor as we scale to support our expanding commercial opportunities in 2026 and beyond."Robert Piper, Chief of StaffPiper brings extensive commercial and operational leadership experience across advanced technology sectors, with a strong track record in supporting high-growth, Fortune 100 organizations. Prior to joining Enablence, he held senior positions at Microsoft, MPIRICA Health Analytics and Oracle, where he guided complex technology organizations through periods of rapid growth and operational transformation.As Chief of Staff to the CEO, Piper will support global operations, manufacturing execution, and supply chain strategy, helping align cross-functional priorities as the Company scales. Jianhua Hu, Ph.D., Fab DirectorHu will lead operations at Enablence's Fremont wafer fab and oversee capacity expansion across the Company's growing optical product portfolio. He brings more than 25 years of semiconductor and advanced manufacturing experience spanning semiconductor, solar, LED, and data storage technologies.Prior to joining Enablence, Hu held fab and operational leadership roles at Western Digital, Applied Materials, Intevac Photonics, OptiSolar, and Tesla. He has extensive experience ramping both startup and established manufacturing organizations both publicly traded and privately held. Hu holds a Ph.D. in Chemistry and an M.A. in Physics from Harvard University, and a B.S. in Chemistry from Wuhan University.About Enablence Technologies Inc.Enablence is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA) that designs, markets, and manufactures optical chips and subsystems based on planar lightwave circuit (PLC) technology. Its silicon-based optical solutions serve datacom, telecom, automotive, and AI-driven applications, with a primary focus on data center markets. The Company also supports emerging applications including medical devices, automotive LiDAR, and virtual and augmented reality systems. Enablence operates a proprietary, non-captive fabrication facility in Fremont, California, which also manufactures chips for select third-party customers.# # #For more information contact:
Brian Siegel, CFO Enablence Technologies Inc.
brian.siegel@enablence.comTodd Haugen, CEO Enablence Technologies Inc.
todd.haugen@enablence.comAli Mahdavi
Capital Markets & Investor Relations
am@spinnakercmi.comAlison Parnell, Media and Analysts
Hill and Kincaid Marketing & PR
press@hillandkincaid.comCautionary Note Regarding Forward-Looking InformationThis news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. These statements are based on current expectations that involve several risks and uncertainties which could cause actual results to differ from those anticipated. Although the Company believes that the expectations reflected in the forward-looking statements contained in this news release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. We caution our readers of this news release not to place undue reliance on our forward-looking statements as a few factors could cause actual results or conditions to differ materially from current expectations.Additional information on these and other factors that could affect the Company's operations are set forth in the Company's continuous disclosure documents that can be found on SEDAR+ (www.sedarplus.ca) under Enablence's issuer profile.Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether because of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.# # #To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285389
Original: Enablence Technologies Strengthens Leadership Team: Jianhua Hu Named Fab Director, Robert Piper Appointed Chief of Staff
CA Market News
4月前
Enablence Technologies Names Brian Siegel Interim CFOFebruary 18, 2026 8:30 PM
NewsfileOttawa, Ontario--(Newsfile Corp. - February 18, 2026) - Enablence Technologies Inc. (TSXV: ENA), a leading supplier of planar lightwave circuit (PLC) optical chips for datacom, telecom, AI, and advanced vision applications, announced today that Stan Besko, Chief Financial Officer of the Company, has tendered his resignation with effect from January 1st, in order to pursue other opportunities. The Company would like to thank Mr. Besko for his financial leadership and service. Mr. Brian Siegel has been appointed as the new Interim Chief Financial Officer (CFO) of the Company effective immediately. Mr. Siegel is a seasoned finance professional with more than 25 years of experience across public accounting, audit leadership, and complex technical accounting. He has held senior roles at firms, including CBIZ, EY, and Rothstein Kass, advising companies on reporting, M&A, and complex accounting matters. "I would like to take this opportunity to thank Stan Besko for his leadership in helping us to build a strong foundation from which our growth plan is being successfully executed," noted Todd Haugen, CEO, Enablence Technologies. "I am also pleased to welcome Brian Siegel to Enablence as new interim CFO. Brian brings a wealth of experience to the role. He is an experienced financial leader with a strong background in high-growth technology, capital markets, and M&A."About Enablence Technologies Inc.
Enablence is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA) that designs, markets and sells optical chips and sub systems, primarily in the form of planar lightwave circuits (PLC), on silicon-based chips for datacom, telecom, automotive and artificial intelligence (AI) applications. Enablence products serve a global customer base, primarily focused today on data center and other rapidly growing end markets. Enablence also works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR, and virtual and augmented reality headsets. In select strategic circumstances, the Company also uses its proprietary, non-captive fabrication plant in Fremont, California to manufacture chips designed by third party customers. For more information, visit: www.enablence.com.For more information, contact:Todd Haugen, CEO, Enablence Technologies Inc.
todd.haugen@enablence.com Ali Mahdavi
Capital Markets & Investor Relations
am@spinnakercmi.com Alison Parnell, Media and Analysts, Hill and Kincaid Marketing & PR
press@hillandkincaid.comCautionary Note Regarding Forward-Looking Information
This news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. These statements are based on current expectations and assumptions, including the impact of the Term Loan, the Vortex Loan Amendment and the Pinnacle I Loan Amendment, the ability of the Company to repay any indebtedness, the ability of the Company to continue its operations as contemplated, the use of proceeds from the Term Loan and the Pinnacle I Loan Amendment, and the receipt of final approval from the TSX Venture Exchange for the Term Loan, Vortex Loan Amendment and the Pinnacle I Loan Amendment. These statements are not guarantees of performance and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including risks, including the ability of the Company to comply with covenants under the Loan Agreement and all other loan agreements and facilities the Company and its subsidiaries are subject to, risks relating to the Company's operations, business and economic conditions generally, the terms and availability of future financing and the ability of the Company to repay any indebtedness in accordance with the terms thereof (or at all). Although the Company believes that the expectations reflected in the forward-looking statements contained in this news release, and the assumptions on which such forward- looking statements are made, are reasonable based on the information available as of the date hereof, there can be no assurance that such expectations or assumptions will prove to be correct. The Company cautions readers of this news release not to place undue reliance on the forward-looking statements contained herein as many factors could cause actual results or conditions to differ materially from current expectations. Additional information on these and other risk factors that could affect the Company's operations are outlined in the Company's continuous disclosure documents that can be found on SEDAR+ (www.sedarplus.ca) under Enablence's issuer profile. Enablence does not intend and disclaims any obligation, except as required by law, to update or revise any forward- looking statements, whether because of new information, future events, or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained herein.# # #Source: Enablence Technologies Inc.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284446
Original: Enablence Technologies Names Brian Siegel Interim CFO
ernie44
3年前
this stock is a sfinkster ----.........................................................................................................................................................................,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,....................ie;; its tightly held in 3 locations
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NewEraInvestor33
5月前
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