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STL & C-DOT Achieve India’s First Quantum-secured network breakthrough with Multi-Core Fibre

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MUMBAI, India, May 6, 2025 /PRNewswire/ — STL (NSE: STLTECH), a leading global optical and digital solutions company, in collaboration with the Centre for Development of Telematics (C-DOT), India’s premier telecom R&D centre under the Department of Telecommunications (DoT), Ministry of Communications, Government of India, has announced the successful demonstration of India’s first Quantum Key Distribution (QKD) transmission over 100 kms, 4-core Multi-Core Fibre (MCF) network. This landmark achievement marks a significant step in building India’s first quantum-secured, future-ready communication networks.

As a leading provider of advanced connectivity solutions for digital infrastructure, including Optical Networking, Optical Connectivity, Data Centres, and Enterprise solutions, STL has designed, developed and deployed India’s first Multi-Core Fibre (MCF) cable (aerial and underground network) as an end-to-end solution, spanning cabling, connectivity, installation, and deployment. STL’s field-deployable MCF cabling technology was deployed in the Department of Telecommunications (DoT)-sponsored Advanced Optical Communications (AOC) Test Bed at IIT-Madras, complying with Essential Requirements (ER) led by TEC standards. STL is the first company in the world that has taken a position on deploying MCF cables in both underground and aerial network infrastructures. It is now leading efforts in the standardisation of fibre and cable and their test & measurement technologies globally. This positions STL at the forefront of building high-capacity, future-ready optical infrastructure.

MCF technology provides a powerful solution by enabling data transmission across multiple cores within a single fibre, significantly saving physical space and infrastructure costs. In the context of QKD, which typically requires a dedicated dark fibre for the quantum channel, MCF offers a significant advantage – it enables the physical separation of quantum and classical signals into distinct cores within a single fibre. This allows for the simultaneous transmission of QKD and high-capacity data traffic without compromising quantum signal integrity.

By integrating QKD with MCF, STL and C-DOT have addressed two critical challenges in quantum communication – the need for dedicated dark fibre, further improving the cable’s form factor, and the ability to handle exponentially growing data traffic.

In this demonstration, the quantum signals of QKD were transmitted through one core, while the other three cores were used to carry high-speed user data simultaneously. STL and C-DOT successfully demonstrated a stable, error-free QKD link over 100+ km on a single fibre while transmitting high-capacity classical data simultaneously, proving its resilience in real-world network conditions. This proves the system’s ability to support India’s 5G/6G rollout and surging data demands without sacrificing network security—a first for the nation.

With this development, STL and C-DOT have reaffirmed their commitment to enabling a secure, scalable, and resilient quantum communication network for India, paving the way for a digitally sovereign future powered by advanced optical and quantum technologies.

Speaking at the occasion, Dr. Rajkumar Upadhyay, CEO of C-DOT, stated, “This initiative is a key milestone for India’s telecom ecosystem. We are glad to have innovative partners like STL in India’s fiberization journey. This achievement clearly establishes the feasibility of integrated quantum-classical networks over next-generation optical fibres, saving costs for QKD deployments drastically.”

Commenting on this achievement, Rahul Puri, CEO – Optical Networking Business, STL, said, “This breakthrough collaboration with C-DOT underscores India’s growing prowess in pioneering next-gen digital infrastructure. We have demonstrated how cutting-edge optical innovations can revolutionise secure communication by successfully integrating QKD with our indigenously developed MCF. This first in India milestone is a testament to the power of public-private partnerships in building a digitally sovereign and secure nation.”

About STL – Sterlite Technologies Ltd:

STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks.

Read more, Contact us, stl.tech | Twitter | LinkedIn| YouTube

For more information, contact:

Media Relations 
Shaily Rai Sinha
shaily.sinha@stl.tech

Investor Relations
Ajay Jhanjhari
investor@stl.tech 

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MATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM AND QUARTERLY DIVIDEND OF $0.36 PER SHARE

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HONOLULU, April 23, 2026 /PRNewswire/ — The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, approved adding three million shares to its existing share repurchase program and extending the program to December 31, 2029.  As of April 23, 2026, the existing share repurchase program had approximately 0.7 million shares remaining.  The Board also declared a second quarter dividend of $0.36 per common share.  The dividend will be paid on June 4, 2026 to all shareholders of record as of the close of business on May 7, 2026.

“We are pleased to announce an additional three million shares to our existing share repurchase program,” said Matt Cox, Matson’s Chairman and Chief Executive Officer.  “Since we commenced our share repurchase program in August 2021, we have repurchased approximately 14.3 million shares, or approximately 33% of the then outstanding shares, for a total cost of $1.3 billion.  Going forward, we will continue to be both disciplined and opportunistic in our capital allocation, and we remain committed to returning excess cash to shareholders to create additional shareholder value over the long-term.” 

Shares will be repurchased in the open market from time to time at the Company’s discretion, based on ongoing assessments of the capital needs of the business, the market price of its common shares and general market conditions.  The Company may enter into Rule 10b5-1 plans to facilitate purchases under the program.  The repurchase program may be suspended or discontinued at any time.

About the Company

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.  Matson also operates premium, expedited services from China to Long Beach, California, which includes cargo from other Asia origins, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia.  The Company’s fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson’s transportation network throughout North America and Asia.  Its integrated logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding to Alaska.  Additional information about the Company is available at www.matson.com.

Forward Looking Statements

Statements in this news release that are not historical facts are “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement, including but not limited to, statements about capital allocation plans, the timing, manner and volume of repurchases of common shares pursuant to the repurchase program, and use of excess cash.  These forward-looking statements are not guarantees of future performance.  This release should be read in conjunction with our Annual Report on Form 10-K and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release.  We do not undertake any obligation to update our forward-looking statements.

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SOURCE Matson, Inc.

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Accord Specialty Pharmacy Named Finalist in MMIT’s 11th Annual Retail Specialty Pharmacy Patient Choice Awards

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ORLANDO, Fla., April 23, 2026 /PRNewswire/ — Accord Specialty Pharmacy, an independent specialty pharmacy serving patients across multiple states, has been named a finalist in the MMIT Patient Choice Awards, a recognition based on patient-reported satisfaction and experience.

Accord was selected as the only independent pharmacy among finalists in its category, alongside national pharmacy organizations such as Walgreens Specialty Pharmacy and Walmart Specialty Pharmacy. This distinction highlights the company’s commitment to delivering personalized, high-touch care for patients managing complex and chronic conditions.

The MMIT Patient Choice Awards recognize specialty pharmacies that demonstrate excellence in patient satisfaction, service quality, and overall care experience. Finalists are determined based on direct patient feedback, making the recognition a meaningful reflection of the trust patients place in their pharmacy providers.

“Being recognized alongside national organizations and as the only independent finalist validates our belief that personalized, patient-centered care drives better outcomes. We are building a model that combines clinical depth, national reach, and operational flexibility to better serve patients, providers, and partners.” said AJ Patel, Founder and Pharmacy Manager of Accord Specialty Pharmacy.

Accord Specialty Pharmacy supports patients across complex specialty categories, including oncology, rare disease, and infusion, through a clinically driven, high-touch care model designed to improve access, adherence, and outcomes. The company’s approach emphasizes personalized support, responsive care coordination, and strong clinical engagement to help patients navigate complex therapies more effectively. With a growing national footprint and multi-state licensure, Accord is positioned to support patients, providers, and partners across diverse markets.

For more information, visit MMIT Announces Finalists of the 11th Specialty Pharmacy Patient Choice Awards – MMITNetwork.

About Accord Specialty Pharmacy:

Accord Specialty Pharmacy is an ACHC-accredited, multi-state licensed independent specialty pharmacy located in Central Florida, dedicated to delivering high-quality, patient-centered care for individuals managing complex and chronic conditions. Through personalized support, clinical expertise, and a high-touch approach, Accord helps patients navigate every step of their treatment journey. Learn more at www.accordspecialty.com.

CONTACT: contact@accordspecialty.com

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SOURCE Accord Specialty

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HAIVISION ANNOUNCES VOTING RESULTS FROM 2026 ANNUAL MEETING OF SHAREHOLDERS

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MONTRÉAL, April 23, 2026 /CNW/ – Haivision Systems Inc. (“Haivision” or the “Company”) (TSX: HAI) is pleased to announce the voting results from its annual meeting of shareholders held today in a virtual format.

A total of approximately 45.97 % of the issued and outstanding common shares of Haivision were represented at the meeting.

Election of Directors

Each of the six nominated directors of Haivision was elected as director of the Company with the following results:

Director

Votes
For

% Votes
For

Votes
Against

% Votes
Against

Miroslav Wicha

11,110,245

99.26 %

82,583

0.74 %

Harvey Bienenstock

11,155,137

99.66 %

37,691

0.34 %

Robin M. Rush

11,121,855

99.37 %

70,973

0.63 %

Neil Hindle

10,794,005

96.44 %

398,823

3.56 %

Julie Tremblay

10,941,969

97.76 %

250,859

2.24 %

Lee K. Levy II

9,084,418

81.16 %

2,108,410

18.84 %

2.   Appointment of Auditors

Deloitte LLP were reappointed auditors of the Company for the ensuing year with 12,492,582 (98.84%) votes cast in favour and 146,406 (1.16%) votes withheld.

3.   Approval of the Unallocated Awards under the Company’s Equity Incentive Plan

The Company’s unallocated awards were approved with 8,710,347 (77.82%) votes cast in favour and 2,482,481 (22.18%) votes cast against.

4.   Reapproval of Company’s Shareholder Rights Plan

The Company’s shareholder rights plan was approved with 10,572,490 (94.46%) votes cast in favour and 620,338 (5.54%) votes cast against.

Final voting results on all matters voted on at the meeting will be filed under Haivision’s profile on SEDAR+ at www.sedarplus.ca.

About Haivision

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. Learn more at haivision.com.

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SOURCE Haivision Systems Inc.

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