Enablence Technologies Inc. Reports Earnings Results for the First Quarter Ended September 30, 2022

Enablence Technologies Inc. is a Canada-based company that designs, manufactures and sells optical components, primarily in the form of planar lightwave circuits (PLC), on silicon-based chips. The Company's products serve a global customer base, primarily focused on data center and other end markets. It also works with customers that have emerging market uses for its technology, including medical devices, automotive light detection and ranging (LiDAR) and virtual and augmented reality headsets. The Company also uses a non-captive fabrication plant in Fremont, California to manufacture chips designed by third party customers. The Company's products include coarse wavelength division multiplexing, dense wavelength division multiplexing, LAN-wavelength division multiplexing, ultra-long delay lines, custom fab services and custom design services. Its technology includes advanced signal processing, artificial intelligence and machine learning chip design and coherent optics, among others.