Poet Technologies Inc Stock Price, News & Analysis

POET Technologies has partnered with Lumentum Holdings to utilize high-speed directly modulated laser technology in its optical engines, targeting the 400G, 800G, and 1.6T transceiver markets. Expected sampling of the 400G FR4 optical engines will commence in H1 2023, with production slated for H2 2023. This innovative solution aims to disrupt the current market by offering lower costs and power requirements compared to traditional methods. The 400G/800G/1.6T transceiver market is projected to grow from $2B in 2023 to $6.5B by 2027.

POET Technologies has announced its integration of Directly Modulated Lasers (DMLs) for optical engines targeting the 400G, 800G, and 1.6T data center markets. This innovation is expected to enhance power efficiency and scalability for hyperscale data centers. The company will sample its 800G/1.6T optical engines in the first half of 2023. POET's optical engines will be the first to utilize DMLs at such high data rates, facilitating simplified transceiver designs without costly active alignments. This technological advancement is poised to significantly improve transceiver performance.

POET Technologies announced its Annual and Special Meeting of Shareholders will be held virtually on October 14, 2022, at 1:00 p.m. Eastern Time. Shareholders as of August 30, 2022, can vote via proxy or attend the live audio webcast. A detailed management circular has been sent to shareholders. Online check-in starts at 12:00 p.m. Management will provide a business update followed by a Q&A session. POET specializes in the POET Optical Interposer technology for high-growth sectors including AI and IoT, enhancing the integration of electronic and photonic devices.

POET Technologies Inc. will participate in the 2022 European Conference on Optical Communication (ECOC) in Basel, Switzerland, from September 18-22, 2022. The company will exhibit at booth 578 and feature key presentations, including Dr. Simon Goh discussing laser alignment on the POET Optical Interposer on September 22 at 10:45 am CEST. CEO Dr. Suresh Venkatesan emphasizes the importance of hybrid integration in photonics, addressing industry challenges in scalability and cost. POET's Optical Interposer offers innovative integration solutions for high-demand sectors like AI and IoT.

POET Technologies reported its unaudited financial results for Q2 2022, highlighting significant milestones in product development and business collaboration. The company achieved $120,000 in non-recurring engineering revenue, compared to $209,000 in Q2 2021, and incurred a net loss of $5.3 million, down from $4.4 million in the previous year. POET is focused on further integration of its Optical Interposer™ technology, aiming to capture a growing market with an expected 800G optical engine introduction. Market opportunities could exceed $4 billion by 2027, driven by demand in AI and telecommunications.

POET Technologies, a leader in optical technology, announced its participation in the 25^th Annual Oppenheimer Technology, Internet & Communications Conference as a virtual event on August 9, 2022. The executive team will conduct a fireside chat at 4:35 p.m. ET and be available for meetings with investors on the same day. POET’s innovative Optical Interposer™ integrates electronic and photonic devices for applications in AI, IoT, and high-speed networking, enhancing efficiency in data centers and telecommunication markets.

POET Technologies Inc. (NASDAQ: POET) announced the sampling of its 200G FR4 Transmit and Receive Optical Engines, utilizing its Optical Interposer technology. These Optical Engines will enable cost-effective and scalable solutions for 200GBASE-FR4 transceivers, with production expected by year-end 2022. The 200G TX integrates four high-speed lasers and the RX incorporates four photodetectors, both designed for cloud data centers and telecom markets. POET has shipped samples to multiple lead customers through its joint venture, Super Photonics.

POET Technologies announced the launch of its 400G FR4 and 800G Receive Optical Engines, utilizing their advanced Optical Interposer™ technology. The company has already shipped samples to lead customers, anticipating production at Super Photonics by the end of Q3 2022. These optical engines are designed for data centers and telecoms, featuring high-speed photodetectors and a compact form factor, making them cost-effective solutions for cloud applications. This marks a significant milestone in POET's product commercialization efforts.

POET Technologies has appointed Michal Lipson as an advisor to its Board of Directors, planning to nominate her for a directorship at the upcoming Annual General Meeting on October 6, 2022. Lipson is a renowned expert in silicon photonics and has over 45 patents. Dr. Suresh Venkatesan expressed confidence in her ability to enhance the Board's expertise. In addition, Lipson will receive 5,194 stock options and a cash payment of US$7,500 for her advisory role. This strategic move is aimed at strengthening the company’s position in the photonics market.