SANTA CLARA, Calif.--(BUSINESS WIRE)--Jul 21, 2026--
Aeonsemi ( www.aeonsemi.com ), a leader in mixed-signal and DSP connectivity ICs, today announced LumaReach ™, the industry’s first commercially available 10 Gbps Ethernet-over-coax network controller IC. Developed as a new fiber-extension technology, LumaReach ™ delivers fiber-class latency and bandwidth over existing RG6 and RG59 coaxial cabling already installed in approximately 150 million homes across North America and Europe, enabling service providers to accelerate multi-gigabit service deployment while avoiding costly last-drop fiber construction.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260721424191/en/
The AS27010 is a point-to-point, full-duplex Ethernet-over-coax network controller IC that operates over 75-ohm RG6 and RG59 cabling with standard F-type connectors, utilizing existing in-wall coax historically used for cable television and the Multimedia over Coax Alliance (MoCA). The LumaReach ™ network controller delivers symmetrical 10 Gbps over a single coaxial run, providing up to 20 Gbps aggregate bidirectional throughput. LumaReach ™ supports Power-over-Coax (PoC) deployments that eliminate the need for AC power at the pedestal, demarc, or remote endpoint.
“AI is reshaping every network that feeds it. While fiber continues moving deeper into neighborhoods, the final drop into homes remains constrained by decades-old wiring,” said Mike Hansen, Senior Product Line Manager, Aeonsemi. “Service providers have been searching for ways to deliver fiber-class service over existing cables already installed in neighborhoods and homes. LumaReach ™ closes that gap and offers service providers a cost-effective solution to bring symmetrical 10 Gbps to subscribers without trenching, rewiring, or performing DOCSIS plant upgrades.”
LumaReach ™ Key features:
Availability
LumaReach ™ is sampling now and enters volume production in September 2026. Aeonsemi has developed an F-type to RJ45 media converter reference design pairing the AS27010 LumaReach™ network controller with the AS22010 ChronoPHY™ 10GBASE-T Ethernet PHY to deliver a complete deployment-ready Ethernet-over-coax adapter for pedestal-to-home, demarc-to-router, fixed-wireless, and in-home mesh applications. The reference design kit is available to qualified customers in August 2026 . A technical white paper describing the LumaReach™ architecture and performance is available at www.aeonsemi.com. For product evaluations and design engagements, contact mike.hansen@aeonsemi.com.
About Aeonsemi
Aeonsemi is a leading fabless semiconductor company building the timing and networking silicon that powers modern AI infrastructure. Our portfolio includes the ChronoPHY™ multi-rate 10G Ethernet transceiver series for broadband access, enterprise networking, and Wi-Fi backhaul; the Nemo multi-gigabit automotive Ethernet (MGBASE-T1) chipset family designed for Physical AI applications including humanoid robots, automotive, and UAVs; and the Arcadium™ family of silicon oscillators, TCXOs and synchronization timing devices for data centers. The company is backed by global tier-one venture capital firms including Walden International, IDG Capital, Susquehanna International Group and Sequoia Capital. For more information, visit www.aeonsemi.com.
Example application of an ethernet media converter with an F-type connector and RJ45.
The Trump administration on Tuesday said it was deferring more than $1 billion in Medicaid payments to Minnesota and California because of “suspected fraud and noncompliance,” the latest in a series of punitive steps it has linked to allegations of fraud in mostly Democratic-led states.
Health Secretary Robert F. Kennedy Jr. said the new actions — which come after previously announced Medicaid funding deferrals in those states — are part of the administration's strategy to “stop the fraud before it happens” rather than claw back problematic spending after bad actors are prosecuted, as previous administrations had done.
“We have a duty to stop the payments, demand answers and then follow the evidence wherever it leads,” Kennedy told a news conference.
The tactic is part of the administration’s sweeping campaign to show it’s cracking down on fraud and saving taxpayers money when rising healthcare costs and other economic stressors have made affordability a top voter issue in November’s midterm elections.
In March, Vice President JD Vance launched a new anti-fraud task force at the request of President Donald Trump, bringing together officials from various departments to use data and technology to identify and investigate suspected wrongful use of federal dollars.
But the federal government hasn't provided “data or explanation on how the deferral amount was calculated or what it was based on” to Minnesota, said John Connolly, the temporary commissioner and state Medicaid director for Minnesota's Department of Human Services.
“Today's actions show that the federal government is acting again in unprecedented and punitive ways as part of their war on Medicaid and its recipients,” he said in a statement. “Partnership — not politics — is required to stop criminals and protect services for the people who need them.”
Minnesota’s Democratic Gov. Tim Walz suggested the Republican administration was deferring the funds to pay for Trump’s tax cuts to wealthy Americans. California’s Democratic Gov. Gavin Newsom accused the administration of targeting it for political reasons.
The Trump administration intensified anti-immigration efforts in Minnesota earlier this year, sending in a robust force of Immigration and Customs Enforcement officers whose actions there caused weeks of counterprotests and included the shooting deaths of two civilians. Trump himself has frequently denounced California as a badly governed state.
The strategy has led to some false starts and headaches for states.
In April, for example, the Centers for Medicare & Medicaid Services acknowledged to The Associated Press it made a significant error in figures it used to help justify a fraud probe in New York. Last month, California's Medicaid director told a congressional committee that CMS had not yet provided “any instances of fraud, waste or abuse” to the state in its justification of a $1.3 billion Medicaid funding deferral announced in May.
And in Minnesota, state officials have been executing a thorough corrective action plan to defray CMS concerns that have led the agency to defer some $260 million in federal money and to threaten future cuts.
“We have cooperated in good faith and proactively engaged the Centers for Medicare and Medicaid Services to first raise the alarm on fraud in Minnesota’s Medicaid program, to effectively investigate fraud and to institute further safeguards against future misuse of funds,” Connolly said.
Kennedy didn't specify in Tuesday's announcement whether the new deferrals — $867.5 million in federal Medicaid payments to California and $199 million to Minnesota — are in addition to, or overlap with, earlier deferrals announced this year.
CMS Administrator Dr. Mehmet Oz didn't provide concrete examples of fraud in the two states in justifying the deferrals. He did mention some patterns the agency noticed that it found questionable, including that some providers were billing for four or more patients at the same time, or billing after the date of a Medicaid beneficiary's death.
Oz also highlighted a fast rate of growth in California's home care program as a reason for concern. California officials have disputed that idea, explaining that the state's home care program has grown because of an intentional strategy to keep people out of more expensive nursing homes.
Kennedy and Oz said states could restart the flow of federal funding by providing documentation proving the payments in question were legitimate.
A representative for California's Medicaid program didn't immediately respond to a request for comment. Officials in the state have previously acknowledged they are working with the federal government to provide the requested information.
Oz said Minnesota had already returned documents to the federal government and they were being “reevaluated very carefully.”
Kennedy also suggested Tuesday that he would extend the power to exclude providers from Medicaid, Medicare and other federal health programs to CMS. In the past, that authority has rested solely with his department’s Office of the Inspector General.
“This is going to be a full force multiplier,” HHS Inspector General Thomas March Bell told a news conference. “It's going to create additional momentum, and it's going to exclude additional bad actors.”
Centers for Medicare & Medicaid Services administrator Dr. Mehmet Oz speaks before Vice President JD Vance at the Wisconsin Air National Guard facility at Milwaukee Mitchell International Airport, Wednesday, July 8, 2026, in Milwaukee. (AP Photo/Mark Schiefelbein, Pool)
Centers for Medicare & Medicaid Services administrator Dr. Mehmet Oz speaks before Vice President JD Vance at the Wisconsin Air National Guard facility at Milwaukee Mitchell International Airport, Wednesday, July 8, 2026, in Milwaukee. (AP Photo/Mark Schiefelbein, Pool)
