September 23, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — GigOptix Inc. (OTCBB: GGOX), a supplier of electronic and electro-optic components that enable next generation 40G and 100G fiber-optic telecommunications and data-communications networks, said it has been approved for continued federal support of its On-Chip Integrated Photonic Polymer Transceiver program.

According to GigOptix U.S. Senator Patty Murray, a senior member of the Defense Appropriations Subcommittee, helped to secure $5 million as part of the fiscal year 2011 Department of Defense Appropriations bill recently passed by the Senate Appropriations Committee.

The appropriation bill must still receive approval by the United States Senate and the final legislation must be passed by the congress and signed by the president.

GigOptix said that the federal support will allow GigOptix to qualify its Thin Film Polymer on Silicon modulators to the stringent temperature stability required by military standards.

Additionally, GigOptix will begin designing and testing the second iteration of the integrated driver with the polymer optical modulator on a standard BiCMOS wafer and completing the integration of the receiver side on separate chips, all for the next generation 400Gbps optical communication systems.

The company said that current technologies are physically too large and energy-intensive to sustain the anticipated levels of bandwidth growth in the coming years.

Washington-based GigOptix offers a portfolio of high speed electronic devices including polymer electro-optic modulators, modulator drivers, laser drivers and receiver amplifiers for telecom, datacom, Infiniband and consumer optical systems, covering serial and parallel communication technologies from 1G to 100G.

GigOptix also offers a range of mixed-signal and RF ASIC solutions.

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