ENTITY · ciena
CienaCIEN
United States·networking systems·major·$60.6B mkt cap
Optical networking and coherent transport for data-center interconnect.
CLEAR · 0–39
37/100 illustrative
Underwriting Thesis
CLEAR — Ciena: criticality to DoD-exposed downstream programs compounded by sole-source / single-point-of-failure dominance in networking systems. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration3
Sole-Source Dependence54
Sanctions Exposure45
Downstream Criticality59
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Segments
networking systemsphotonics optics
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 4
- BroadcomUnited StatesDOMESTIC
- Marvell TechnologyUnited StatesDOMESTIC
- CoherentUnited StatesDOMESTIC
- Lumentum HoldingsUnited StatesDOMESTIC
Key Customers · downstream · 3
- NVIDIAUnited StatesDOMESTIC
- Arista NetworksUnited StatesDOMESTIC
- Cisco SystemsUnited StatesDOMESTIC