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Lockheed Martin makes Strategic Investment in Ayar Labs

Optical interconnect startup Ayar Labs has received a strategic investment from Lockheed Martin Ventures. The funds will be used to accelerate the commercialization of Ayar Labs’ patented monolithic in-package optical I/O (MIPO) solution for applications that require high bandwidth, low latency and power efficient short reach interconnects. “We are excited to welcome Lockheed Martin Ventures as a strategic investor,” said Charles Wuischpard, CEO of Ayar Labs. “Working with key system integrators like Lockheed Martin, who really understand the value of our solution and how to design it into future complex systems, is incredibly important. In that sense, we view this relationship as more than funding alone, but as an important long-term working relationship as well.”