Optical Solutions Lands $16-Million Contract
MINNEAPOLIS, May 25 -- Optical Solutions Inc. has agreed to a four-year contract in which it will provide its FiberPath solution to Integrated Broadband Network (IBN). The Indianapolis-based provider of communication services to the home has agreed to pay Optical Solutions Inc. $16-million for the optical solution.
We scoured the marketplace for three years before finding a true fiber-to-the-home solution like Optical Solutions' FiberPath to catapult our business, said Sheldon Phelps, IBN president and CEO. Providing fiber to the home to our customers was a no-brainer to us -- copper and coax are at the end of their bandwidth capacity, whereas fiber optics has just scratched the surface.
Optical Solutions' FiberPath sends and receives laser-driven light photons from its central office to and from a residence-mounted node through a passive optical network. Its technology converts light signals into electrical signals needed for telephones, televisions and data modems.
LATEST NEWS
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024
- One-Step Hologram Generation Speeds 3D Display Creation
Apr 24, 2024
- Innovation Award Winners for Laser Technology Honored in Aachen
Apr 23, 2024
- Intech 2024: AI Arrives on the Shop Floor
Apr 22, 2024