GigOptix Receives $4.5M Federal Funding for Polymer based Integrated Photonic Transceiver under the 2010 Department of Defense Appropriations Bill
BOTHELL, Wash., Dec 21, 2009 -- GigOptix Inc. (OTCBB:GGOX) today announced that, as part of the Fiscal Year 2010 Department of Defense Appropriations bill which was passed by the House of Representatives on December 15th and approved by the Senate on December 19th, the company was approved to receive $4.5 million in funding towards the development of an Integrated Photonic Transceiver, to be kicked off in the first quarter of 2010, and fully deployed through 2010. The funding was obtained in support of the Integrated Photonic Transceiver development project proposed by GigOptix and aimed towards meeting the communications needs of government agencies and customers. This new product development will allow the company to extend its novel electro-optic polymer technology to support integration with electronic circuits for ultra high speed communications, and augment the cross synergy of the various technologies that GigOptix commands as result of the acquisition of iTerra (July 2007), Helix (January 2008), Lumera (December 2008), and ChipX (November 2009). GigOptix will start to commercialize this new family of products, made available through this development project, as early as the 4th quarter of 2010.
Dr. Raluca Dinu, Vice President and General Manger of GigOptix Bothell said, "We have been looking forward to this news and working with the AFRL program managers to ensure we meet the government's technical needs with this program. We are already working with commercial companies to integrate our polymer onto CMOS integrated circuits for intra-chip optical interconnects but this program will be focused on integrating a photonic system with our own electronics and polymer technology being combined. The U.S. Troops need the best technologies to maintain their security objectives, and we are honored to be chosen to support them."
"The support of this project reflects the hard work and perseverance of Senator Murray," stated Dr. Avi Katz, Chief Executive Officer and Chairman of the Board of GigOptix. "I would like to thank her for her continuous support of Washington State companies and for her loyal and continuous commitment to GigOptix' technology vision and mission. The continuous development of strategic integration technologies is the key to the enduring success of the U.S. and members of Congress, such as Senator Murray, are the ones who truly make the impossible, possible by providing the financial means that are required to execute those complicated engineering projects."
About GigOptix Inc.
GigOptix is a leading fabless manufacturer of electronic engines for the optically connected digital world. The Company offers a broad portfolio of high speed electronic devices including polymer electro-optic modulators, modulator drivers, laser drivers and TIAs for telecom, datacom, Infiniband and consumer optical systems, covering serial and parallel communication technologies from 1G to 120G. For more information, please visit www.GigOptix.com.
|
Related News
- GigOptix Receives Approximately $500,000 Funding to Enable New Era of Ultra Fast Hybrid Silicon-Organic Integrated Circuits Based on Proprietary Polymer
- U.S. Department of Defense Awards SkyWater up to $99M in Additional Funding to Advance Rad-Hard Technology to Productization and Qualification
- Kazan Networks Closes $4.5M Series A Funding Round
- Alphacore teams with Southwest Advanced Prototyping HUB at ASU to advance national security with nearly $30 million in federal funding award
- TSMC Arizona and U.S. Department of Commerce Announce up to US$6.6 Billion in Proposed CHIPS Act Direct Funding, the Company Plans Third Leading-Edge Fab in Phoenix
Breaking News
- TSMC drives A16, 3D process technology
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards
E-mail This Article | Printer-Friendly Page |