Advanced Photonix Gets $5.9M Telecom 100G Commitment
Picometrix LLC, a subsidiary of Advanced Photonix Inc. (NYSE MKT: API), announced Friday that it has secured a $5.9 million commitment for 2013 for its industry leading 100 gigabit per second (Gb/s or G) and 40G high-speed optical receivers from a leading telecommunications network equipment customer.
