Ortel Corp. (Alhambra, CA) plans to discontinue its development and production of 980-nm pump

Ortel Corp. (Alhambra, CA) plans to discontinue its development and production of 980-nm pump lasers for telecommunications applications. Results of its 980-nm pump laser programs and wireless operations in the second fiscal quarter were slower than anticipated. Ortel plans to focus its resources on its market strengths, namely broadband and satellite communications operations. q

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