Funding boost for Scottish fibre optic technology firm

A Scottish technology firm that specialises in speeding up fibre optic broadband services has been handed £340,000 of funding from a group led by Perth-based Braveheart.

Conjunct has developed a solution called Fibre-Lyte, an innovative transceiver module that has the potential to support data rates of up to 300Gbps and can be applied to the telecoms and datacoms sectors.

The money is set to be spent on supporting the company's production engineering activities and developing a new Fibre-Lyte variant.

Chief executive of Conjunct Ken Allstaff said the investment will allow the firm to offer its product with prices and quantities that will ensure "continued market traction".

Geoffrey Thompson, chief executive of Braveheart, added: "Conjunct is now well placed to take advantage of the high demand for innovative opto-electronic solutions."

According to Conjunct, the versatility and flexibility of Fibre-Lyte extends from its use of unpackaged die, which are co-located with the embedded lenses and the electronics drive/control circuitry.