GigOptix gets USD6.1m order

GigOptix, Inc. (NYSE MKT:GIG) said it has booked a USD6.1 million order with one of the world´s leading suppliers of advanced aerospace and defense technology to deliver advanced ASIC products with applications in avionics for the next two years.

This order is in addition to the USD7.9 million order GigOptix announced in May 2015 from another major supplier in this same industry.

GigOptix is a leading fabless supplier of high-speed semiconductor components that enable end-to-end information streaming over optical and wireless networks. Its products portfolio addresses emerging telecom long-haul and metro applications, datacom Cloud and data center connectivity, point-to-point backhaul wireless applications, and interactive interfaces for consumer electronics.