Welcome to our dedicated page for Poet Technologies news (Ticker: POET), a resource for investors and traders seeking the latest updates and insights on Poet Technologies stock.
POET Technologies Inc (POET) drives innovation in photonic integration through its patented Optical Interposer Platform, enabling advanced optical engines for AI systems and hyperscale data centers. This page provides official updates on technological milestones, financial developments, and strategic initiatives shaping the company's position in high-speed optical solutions.
Access curated press releases and news covering product launches, partnership announcements, and financial results. Investors will find essential updates on POET's progress in addressing integration challenges for data communication and computing applications, while analysts gain insights into market expansion within telecommunications and sensing technologies.
Key content includes earnings reports, intellectual property developments, and manufacturing advancements related to wafer-level semiconductor integration. Bookmark this page for real-time updates on POET's role in advancing optical interposer applications across global tech ecosystems.
POET Technologies (NASDAQ: POET), a leader in optical engines and light sources for AI networks, has successfully completed a US$25 million non-brokered public offering. The offering consisted of 5 million units priced at US$5.00 per unit, with each unit comprising one common share and one warrant.
The warrants are exercisable at C$8.16 for a five-year period. The company plans to utilize the proceeds for working capital and general corporate purposes. The offering was fully subscribed by institutional investors qualifying as accredited investors, with no commission or finder's fee paid.
POET Technologies (NASDAQ: POET) has appointed Sohail Khan as a new director and member of the Corporate Governance & Nominating Committee, effective July 7, 2025. Khan brings extensive experience in high-tech firms, including leadership roles at Coherent Corp and significant M&A expertise from his time at Agere Systems.
The appointment follows the retirement of Chris Tsiofas, who served as Audit Committee Chair for thirteen years. The Board now consists of six members. As part of his appointment, Khan was granted 21,200 RSUs vesting on the first anniversary, valued at CAD$7.70 per share.
POET Technologies (NASDAQ: POET) has announced a non-brokered public offering of 5,000,000 units at US$5.00 per unit, aiming to raise US$25 million. Each unit includes one common share and one warrant, with warrants exercisable at C$8.16 for five years.
The offering price represents a 12% discount to the July 4, 2025 closing price. The offering is expected to be fully subscribed by a single Canadian institutional investor. The company plans to use proceeds for working capital and general corporate purposes. POET has successfully raised over US$100 million in equity capital over the past year.
POET Technologies (NASDAQ: POET; TSX Venture: PTK) held its 2025 Annual General and Special Meeting on June 27, 2025, where shareholders approved all proposed measures. The meeting resulted in the re-election of all five directors with each receiving over 94% approval, the reappointment of Davidson & Company LLP as auditors with 95.67% support, and the approval of the Omnibus Equity Incentive Plan with 84.39% of votes in favor.
The amended Omnibus Plan increased the number of available awards to 17,007,771, representing 20% of the company's 85,022,787 common shares outstanding. Following the meeting, the Board granted directors a total of 72,340 Restricted Stock Units (RSUs), vesting on the first anniversary, based on a share price of CAD$7.23.
POET Technologies specializes in designing and developing Photonic Integrated Circuits (PICs), light sources, and optical modules for AI and data center markets, offering solutions for high-speed optical engines and modules for AI clusters and hyperscale data centers at 800G, 1.6T, and above speeds.
POET Technologies (NASDAQ: POET) has won the prestigious "AI Hardware Innovation Award" at the 2025 AI Breakthrough Awards for its Teralight™ line of optical engines. The award recognizes POET's ultra-high-performance technology that powers AI and hyperscale data-center connectivity.
The Teralight™ system-on-chip features a 1.6T transmit and receive optical engine, each measuring 12x12 mm. The innovative design incorporates 2x200G EML lasers from Mitsubishi Electric, enabling a 1.6T engine with only four laser chips instead of the conventional eight. The technology's chip-scale architecture, without wire bonds, delivers superior signal-to-noise ratios and high energy efficiency.
This marks POET's second consecutive recognition from AI Breakthrough Awards and its sixth notable award in the past 12 months. The competition attracted over 5,000 nominations from more than 20 countries.
POET Technologies (NASDAQ: POET) has signed a manufacturing agreement with NationGate Solutions in Penang, Malaysia for optical engine assemblies. The agreement includes a Master Agreement, Module Purchase Agreement, and Deed of Consignment for assembling and testing optical engines with custom-designed fiber-attach units.
The company has successfully cleared its backlog of 800G optical engine samples to customers in early June, with plans to ship 1.6T samples in Q3 2025. This agreement complements POET's existing manufacturing partnership with Globetronics announced in December 2024, strengthening its Malaysia-centered manufacturing ecosystem for advanced optoelectronics products targeting AI networks, data centers, and telecom applications.
POET Technologies (NASDAQ: POET) has successfully closed a US$30 million private placement with a single strategic investor. The offering included 6,000,000 common shares and one warrant exercisable until May 22, 2030, to acquire up to 6,000,000 additional shares at C$8.32 per warrant share. The combined price per share and warrant was US$5.00.
The company, which specializes in designing optical interposers and photonic integrated circuits for data centers, telecommunications, and AI markets, plans to use the proceeds for working capital and general corporate purposes. No commission, finder's fee, or underwriter was involved in the transaction. The offering, made to a non-Canadian purchaser, is pending final TSX Venture Exchange acceptance.
POET Technologies (NASDAQ: POET) reported its Q1 2025 financial results, showing revenue of $166,760, up from $8,710 in Q1 2024. The company posted a net income of $6.3 million ($0.08 per share), compared to a net loss of $5.7 million in Q1 2024, largely due to a non-cash gain of $15.4 million from derivative warrant liability adjustments.
Key operational highlights include shipping final design samples of POET Infinity transmit products for 400G and 800G applications, demonstrating POET Teralight™ for 1.6T optical engines, and partnering with Lessengers for 800G DR8 transceivers. The company successfully transitioned production to a new 10,000 square foot clean room facility in Malaysia through partner Globetronics, positioning for volume orders from AI and cloud data center customers.
R&D costs increased to $4.3 million from $1.9 million year-over-year, while operating cash flow was ($8.9) million compared to ($4.6) million in Q1 2024.
POET Technologies (NASDAQ: POET) has appointed Dr. Ghazi M. Chaoui as Senior Vice President of Global Manufacturing and Digital Transformation. Dr. Chaoui, former Chief Procurement Officer of Coherent Corp with nearly 40 years of industry experience, will be stationed in Penang, Malaysia, overseeing operations for order fulfillment and implementing systems for 800G and 1.6T transceiver production.
The company has established POET Technologies Sdn. Bhd. as a wholly owned subsidiary in Malaysia, where manufacturing operations with Globetronics are already operational with wafer-level assembly and test equipment. Full production capacity is expected to be online this quarter. Sundar Natarajan Yoganandan, POET's Director of External Manufacturing and NPI, will report directly to Dr. Chaoui.
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