Multicolor optical solitons mediated by quadratic nonlinearities have been observed experimentally during the last few years in a variety of materials and geometries in a number of laboratories around the world. Today, many of the basic properties of the corresponding soliton families are theoretically well established. Nevertheless, experiments continuously reveal new surprises, and the topic is entering new theoretical and experimental territories. In this paper, we briefly outline the key features of the quadratic solitons and overview the latest developments.

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