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. (NASDAQ: POET) is a design and development company focused on high-speed optical engines, optical modules and light source products for the artificial intelligence systems market and hyperscale data centers. The POET news feed on Stock Titan aggregates company-issued press releases and related coverage so readers can follow how the business is progressing in AI connectivity and integrated photonics.
News about POET often centers on product and technology announcements, such as the launch of 1.6T receiver optical engines that integrate Semtech’s FiberEdge technology on the POET Optical Interposer™ platform, or the introduction of POET Infinity™ 400G optical engines that can be configured for 800G, 1.6T and higher data rates. The company also reports on strategic collaborations, including partnerships with Sivers Semiconductors to develop external light source modules for co-packaged optics and with Quantum Computing Inc. to co-develop 3.2 Tbps optical engines for next-generation AI connectivity.
Investors and industry followers will also find capital markets updates, such as non-brokered private placements and oversubscribed registered direct offerings, along with quarterly financial results furnished through Form 6-K filings and SEDAR+ disclosures. These items provide insight into POET’s funding, research and development spending, and progress toward commercialization of its optical engines and light source products.
By monitoring this page, readers can track POET’s announcements on AI networking products, ecosystem partnerships, financing activities and operational milestones, all drawn from the company’s own news releases and regulatory filings.
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 25th 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.
POET Technologies has appointed Theresa Lan Ende, Chief Procurement Director of Arista Networks, as an advisor to its Board of Directors. She is expected to be nominated as a director at the upcoming Annual General Meeting on October 6, 2022. Her extensive experience in supply chain management from leading companies like Cisco Systems and JDS Uniphase is anticipated to provide valuable insights as POET expands. Additionally, the Board approved an option grant of 4,745 options to Ende at a price of CAD$7.16, along with a cash payment of US$7,500 for her advisory role.