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Key people at Lumentum.
Lumentum designs and manufactures optical and photonic products, enabling various advanced technologies. The company’s core offerings include components and subsystems for optical networking in data centers, metro, long-haul, and submarine applications, as well as industrial lasers and 3D sensing solutions based on VCSEL technology. Leveraging extensive materials science expertise across multiple semiconductor platforms, Lumentum develops high-performance optical circuit switches, transceivers, and laser modules that power critical communications infrastructure.
Lumentum was established in 2015 as a strategic corporate restructuring spin-off from JDS Uniphase Corporation (JDSU). This separation allowed the newly formed entity to focus specifically on its optical and photonic product lines, building upon decades of collective experience in the field. Rather than emerging from individual founders, the company’s genesis was a deliberate corporate action to streamline operations and enhance market focus.
The company’s products serve a broad customer base, including providers of networks and infrastructure that underpin modern applications such as artificial intelligence, cloud computing, and next-generation communications. Lumentum aims to illuminate the networks of tomorrow by delivering innovative photonic technologies. The long-term vision centers on continuously advancing optical solutions to meet the evolving demands of high-speed data transmission and sensing in an increasingly connected world.
Key people at Lumentum.
Lumentum Holdings Inc. (NASDAQ: LITE) is a leading designer and manufacturer of photonics-based solutions that power global communication networks, data centers, and advanced manufacturing.[1][3] The company produces optical components and subsystems integral to telecom, enterprise, and cloud infrastructure, alongside commercial lasers for precision manufacturing and high-performance diode lasers for 3D sensing in mobile devices, autonomous driving, and imaging.[1][3] It serves hyperscalers, telecom providers, and industrial clients by enabling high-speed data transmission, energy-efficient co-packaged optics (CPO), and AI-driven applications, with Q1 FY2026 revenue surging 58% year-over-year to $533.8 million amid strong demand for AI infrastructure.[2]
Lumentum addresses surging data traffic from generative AI, streaming, and machine vision by delivering scalable photonics that accelerate network speed and sustainability.[3] Its growth momentum is robust, fueled by NVIDIA partnerships for exclusive CPO supply, a $750M Cloud Light acquisition enhancing cloud photonics, and U.S. manufacturing expansions for electro-absorption modulated lasers (EMLs).[2] Analysts project revenue up to $750M by June 2026 and $3.1B by 2028, with non-GAAP operating margins at 18.7%.[2]
Lumentum traces its roots to the 2015 merger of Oclaro and NeoPhotonics assets, evolving from earlier photonics pioneers into a standalone public company focused on optical communications.[1] Headquartered in San Jose, California, with global R&D, manufacturing, and sales, it emerged amid the boom in high-bandwidth networking driven by cloud computing and data centers.[1][3] Pivotal moments include industry-leading advancements in wavelength selective switches and tunable lasers, positioning it as a key supplier in telecom evolution, and recent expansions into AI photonics via strategic acquisitions like Cloud Light.[2]
Under CEO Michael Hurlston, Lumentum has shifted emphasis toward U.S.-based production of critical components like EMLs and UHP lasers, responding to geopolitical supply chain risks and hyperscaler demand.[2] Early traction in 3D sensing for consumer devices and industrial lasers laid the foundation, but explosive growth stems from AI infrastructure needs, highlighted by showcases at ECOC 2025.[2][5]
Lumentum rides the AI-driven photonics revolution, enabling the infrastructure for generative AI, machine learning, and cloud services amid exploding data volumes from high-bandwidth apps.[2][3] Timing is ideal as hyperscalers like NVIDIA scale CPO for energy-efficient, high-density data centers, where Lumentum's components mitigate thermal and power bottlenecks.[2] Market forces favoring it include telecom/data center buildouts, U.S. onshoring amid geopolitical tensions, and industry consolidation, amplifying its position in a sector projected to demand billions in optical tech.[2][4]
The company influences the ecosystem by pioneering sustainable, scalable networking—its products underpin nearly every major network type—while fostering AI acceleration through partnerships and acquisitions.[1][2] This positions Lumentum as a linchpin in the shift from copper to photonic interconnects, shaping global connectivity and manufacturing precision.[3]
Lumentum's trajectory points to sustained hypergrowth, with capacity expansions and NVIDIA ties driving CPO shipments toward $3.1B revenue by 2028 and free cash flow flipping to $647.7M.[2][4] Key trends like AI data center proliferation, 3D sensing in autonomy, and advanced manufacturing will propel it, though high valuations (P/S at 12.8x vs. industry 2.0x) signal risks if growth falters.[4] Its influence could expand via further M&A and global photonics dominance, solidifying U.S. leadership in AI infrastructure.[2]
Tying back to its core strength in photonics innovation, Lumentum stands ready to accelerate the speed, scale, and sustainability of tomorrow's networks.[1]
