Picometrix signed an agreement with an industry leading manufacturer of optical subsystems to supply 40G balanced optical receivers to be incorporated into the customer’s next generation transponders to support long-haul telecommunication networks. As part of Picometrix’s increasing market share in line-side 40G optical receivers, the company expects annual revenues from this agreement in excess of $1 million in the current fiscal year (FY2010).
“Even in these challenging economic times, the demand for bandwidth is still increasing at a rapid rate driven by bandwidth intensive video applications, such as IP-HDTV,” says Robin Risser, president and general manager of Picometrix. http://www.advancedphotonix.com
