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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: KevinMark who wrote (79927)2/29/2000 8:41:00 AM
From: EtTuBrute  Read Replies (2) of 108040
 
IRSN: HUGE NEWS: Bidding +$6 in premarket!! Thanks KevinMark!!!!! Also, shareholders' meeting today. Look at the speed involved!!!!

Irvine Sensors Receives $1M R&D Contract for 'Super Switch'

High Speed Communications Router to Use TRW Superconducting Chips

COSTA MESA, Calif., Feb. 29 /PRNewswire/ -- Irvine Sensors Corporation (Nasdaq: IRSN; BSE:ISC) announced today
that it has received an approximate $1 million research and development contract to demonstrate a superconducting digital
router for high-speed communications. Under the contract, Irvine Sensors plans to exploit TRW's superconducting high speed
switching technology to develop a "super switch" that could evolve with the communications industry's ever-increasing need for
speed. The initial demonstration goal of the R&D contract is a 256 x 256 switch that can operate at a minimum of 10 Gigabits
per second per channel and that can reconfigure in less than a nanosecond. If the full goals of the contract are met, this
capability will be extended to a 4,096 x 4,096 switch with at least 40 Gigabits per second per channel. Irvine Sensors is in the
process of organizing a consortium of potential industry users to assist in defining potential product requirements and
benchmarking the planned switch's performance.

"Conventional technology cannot handle the scalability requirements needed to support the ever increasing need for faster and
faster data transmission rates," said Dr. Volkan Ozguz, Irvine Sensors' Manager of Technology R&D. "TRW's superconducting
technology addresses the power issues typically associated with high speed switches, while Irvine Sensors' chip-stacking
enables the necessary electronics to be compressed into a space comparable to the size of an incoming fiber optics data cable."

According to Daniel Berger, Irvine Sensors' Director of Advanced Technology Marketing, "The proliferation of information
appliances is rapidly increasing data transmission requirements. Recent studies estimate that data traffic on the Internet alone is
now doubling every 100 days. Competing Silicon Germanium and Gallium Arsenide technologies are already having a hard time
keeping up and are very size and power intensive," Berger said. "Stacked superconducting electronics may be a means to
overcome these limitations and enable continued rapid growth of Internet and telecommunications traffic."

"The planned 'super switch' is a fall-out of the ultra-high-density, three-dimensional interconnect structures we have been
developing in our ongoing Silicon Brain initiative," said John C. Carson, Irvine Sensors' Sr. Vice President and Chief Technical
Officer. "We believe the potential applications of this interconnect structure to be widespread, and the opportunity to combine it
with optical interconnect and superconducting technologies offers a challenging, but commercially compelling focus to
demonstrate the capabilities of 3-D electronics."

The new contract, administered by the U. S. Army Space and Missile Defense Command, is a twenty-four month Phase II
award under the Small Business Innovation Research (SBIR) program. The contract is being funded by the Ballistic Missile
Defense Organization (BMDO).

Irvine Sensors Corporation, headquartered in Costa Mesa, California, is primarily engaged in the development of high density
electronics, miniaturized sensors and sensor readout circuits, miniature cameras, optical interconnections, image processing and
recognition devices, and low-power analog and mixed-signal integrated circuits for diverse systems applications. It generally
seeks to commercialize its technologies through independently financed and managed subsidiaries.
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