In May 2005, Picometrix Inc was acquired by Advanced Photonix Inc, another SBIR firm. Picometrix is a developer and manufacturer of ultra high-speed photoreceivers and instrumentation, as well as high-speed optical receivers and terahertz instrumentation for the telecommunication, data communication, and test and measurement markets. The firm's core competencies include epitaxial growth, photodetector design and microfabrication, high-speed microwave packaging, hybrid circuit assembly and high-speed testing. Picometrixs products can address the entire range of 10 Gbps and 40 Gbps optical communication applications utilizing proprietary PIN, APD and waveguide photodiodes. Bandwidths range from 2 GHz to 60 GHz, with sensitivities up to -28 dBm at 10 Gbps, and cover wavelengths from 400 nm to 1650 nm. In addition to high-speed optical receivers and detectors, the firms ultrafast instrumentation products include time-domain terahertz (T-Ray) instrumentation for imaging and spectroscopy applications as well as ultrafast photoconductive probes for high-speed semiconductor diagnostics.