This market is one of the most attractive for investment, as it is projected to reach €650 billion globally by 2020, according to data from Optech Consulting. In 2005, the global photonics market was valued at €228 billion. With a projected sustained annual growth rate of around 8%, it is expected to reach a total market volume of €439 billion by 2015.
FiberNet is one of the most active Spanish companies in this area, having recently acquired the Valencian startup Fibernova, a company specializing in photonic and radio frequency technology for the telecommunications sector. Esther Gómez, CEO of FiberNet, explains that "photonics will be key to designs in the coming years." Fibernova has a center in Valencia for the design, assembly, and manufacturing of photonic circuits, which is unique in Spain. This center is expected to increase the development of photonics technology with a commercial focus to put Spain on the map in this market.
Apollo and Alcatel-Lucent break the speed barrier in underwater communications networks
Apollo and Alcatel-Lucent have announced an industry milestone: a successful demonstration of data transmission at approximately 3 terabits per second (Tbit/s), based on 40 Gbit/s channels, per fiber pair in a submarine network. Apollo is a...
