CACI Sets Another Distance Record for Optical Communications

Rhea-AI Summary

CACI International's optical communications technology has successfully transmitted data over 200 million kilometers from NASA's Psyche spacecraft to the Jet Propulsion Laboratory in California, marking another milestone in the Deep Space Optical Communications (DSOC) experiment. The technology will continue to be used by NASA as the DSOC range extends.

John Mengucci, CACI’s President and CEO, highlighted the achievement as a significant milestone for optical communications technology, emphasizing the company’s leadership role in the sector. CACI has over 25 Optical Communications Terminals (OCTs) in low-earth orbit (LEO) for the U.S. government, demonstrating capabilities in space-to-space and space-to-ground communications. The company is recognized as a low-risk, capable U.S. provider of OCTs, supporting high-speed, secure optical communications as an alternative to traditional RF links.

Positive

• Data transmission of over 200 million kilometers achieved with CACI’s optical technology.
• NASA will continue to use CACI’s technology for expanding DSOC experiments.
• CACI's technology supports high-speed, secure optical communications.
• Over 25 CACI OCTs currently operational in LEO.
• Recognized as a low-risk, capable U.S. provider of OCTs.

Negative

• The press release does not provide specific financial impacts or benefits from the achievement.
• Lack of detail on the commercial viability or profitability of the technology.

Tech Expert

Optical communications technology represents a significant advancement over traditional radio frequency (RF) links. The successful transmission of data from NASA's Psyche spacecraft over a distance of more than 200 million kilometers is a hallmark of the technological prowess behind CACI’s Optical Communications Terminal (OCT) systems. This achievement underscores the reliability and future potential of optical communications, particularly in high-stakes environments like deep space exploration.

The practical applications of this technology are vast. For instance, optical communication can support higher data rates and enhanced security features compared to RF systems, making it ideal for both governmental and commercial uses, including satellite communications and deep space missions. The ability to maintain robust communication over such extended distances could also lead to more efficient and resilient data transfer methods in various sectors.

In essence, this milestone places CACI at the forefront of innovation in optical communication technology, which could drive future growth and open new markets. However, investors should remain cognizant of the competitive and regulatory landscapes, which could impact the commercialization timelines and adoption rates of these technologies.

Market Research Analyst

CACI’s latest achievement in optical communications not only showcases their technological capabilities but also reinforces their position as a key player in the aerospace and defense sectors. Optical communication technology is expected to see increased demand, especially as nations and private companies ramp up space exploration efforts. This could potentially translate to substantial revenue growth for CACI as they leverage their proven technology to secure new contracts.

Furthermore, the company’s current deployment of more than 25 Optical Communications Terminals (OCTs) in low-earth orbit (LEO) for government and OEM satellite providers indicates strong market penetration and customer trust. This customer base could easily expand as the demand for reliable and high-speed communication systems grows.

Nevertheless, investors should consider the potential risks, including the long development cycles and high R&D costs associated with cutting-edge technology. Although the long-term outlook appears promising, short-term volatility in stock prices may arise from changes in government spending and market competition.

RESTON, Va.--(BUSINESS WIRE)-- Using CACI International Inc’s (NYSE: CACI) optical communications technology, NASA successfully sent data from its Psyche spacecraft to the Jet Propulsion Laboratory in Southern California, a distance of more than 200 million kilometers, as part of the Deep Space Optical Communications (DSOC) experiment. Additionally, NASA will continue to leverage CACI’s optical technology for DSOC as the range is extended.

“With this latest accomplishment, we have achieved another ‘first for mankind’ milestone with our technology,” said John Mengucci, CACI President and Chief Executive Officer. “Our proven optical technology continues to attain historic milestones in the Optical Communications Terminal (OCT) realm. With more than 25 OCTs currently in low-earth orbit (LEO) for the U.S. government, we have demonstrated space-to-space and space-to-ground optical communications for proliferated LEO applications proving that a U.S.-based company can effectively design and manufacture this technology here at home.”

Recognized as the lowest-risk and most capable U.S. provider and manufacturer of OCTs across a broad spectrum of government customers and original equipment manufacturer (OEM) satellite providers, CACI has demonstrated exceptional performance in mission data transfer, including LEO and other classified implementations that support resilient, high-speed, secure, optical communications as an alternative to traditional radio frequency (RF) links. These innovations further demonstrate the company’s commitment to investing ahead of need in relevant, enduring, and enabling technologies that seamlessly integrate into OEM platforms.

About CACI

At CACI International Inc (NYSE: CACI), our 24,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security and government modernization. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at www.caci.com.

There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2023, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240523496661/en/

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

(703) 434-4165, lorraine.corcoran@caci.com

Investor Relations:

George Price

Senior Vice President, Investor Relations

(703) 841-7818, george.price@caci.com

Source: CACI International Inc

FAQ

What recent milestone did CACI achieve with NASA's DSOC experiment?

CACI achieved data transmission over a distance of more than 200 million kilometers from NASA's Psyche spacecraft to the Jet Propulsion Laboratory.

How will NASA continue to use CACI's optical communication technology?

NASA will leverage CACI’s optical technology as the range of the DSOC experiment is extended.

How many Optical Communications Terminals (OCTs) does CACI have in low-earth orbit?

CACI has over 25 OCTs currently in low-earth orbit (LEO) for the U.S. government.

What distinguishes CACI's optical communications technology?

CACI’s technology supports high-speed, secure optical communications and is recognized as the lowest-risk, most capable U.S. provider of OCTs.