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. develops photonic integrated circuits, high-speed optical engines, light-source products and custom optical modules for AI systems and hyperscale data centers. News about POET centers on commercialization of its POET Optical Interposer platform, POET Infinity optical engines, POET Blazar external light source and other optical connectivity products for high-bandwidth data-center networks.
Recurring updates include customer purchase orders and cancellations, product demonstrations, joint development work with optical-component partners, manufacturing scale-up, equity financings, quarterly operating results, shareholder voting matters and governance disclosures.
POET Technologies Inc. has joined the Singapore Hybrid-Integrated Next Generation micro-Electronics (SHINE) Center at the National University of Singapore. This partnership aims to develop advanced processes for hybrid integration of photonic devices. POET plans to leverage the SHINE Center for designing Optical Interposer-based solutions for emerging verticals, including IoT applications. The consortium, which includes top universities and industry players, emphasizes collaborative research to translate technologies into practical applications for microelectronics.
POET Technologies Inc. announced that its Shenzhen operations will temporarily shut down due to a COVID-19 outbreak, effective March 13, 2022. The company has established contingency plans, shifting critical development activities to Singapore and other locations, ensuring no impact on delivery schedules. The CEO, Dr. Suresh Venkatesan, emphasized that the company is well-prepared for such disruptions and expects to maintain operations smoothly. POET specializes in innovative photonic integration solutions for data centers and telecommunications, integrating electronic and photonic devices.
On March 15, 2022, POET Technologies showcased its innovative 200G FR4 Transmit and 400G FR4 Receive Optical Engines at the Optical Fiber Conference (OFC) in San Diego. The company reported overwhelming interest, with 40-50 meetings with potential customers, including data center operators and AI vendors. POET's technology, enabling chip-scale integration, was commended for its compact design and efficiency compared to traditional options. CEO Dr. Suresh Venkatesan noted that the event was particularly significant as it coincided with their Nasdaq listing. Industry expert Stephen Hardy recognized POET's impact in the photonics sector.
POET Technologies Inc. announced on March 14, 2022, that its shares began trading on the Nasdaq Capital Market under the symbol POET. This listing is seen as a significant milestone, aimed at expanding institutional investor access and enhancing visibility for the company’s POET Optical Interposer platform. CEO Suresh Venkatesan emphasized the listing's potential to boost market awareness and support ongoing customer engagement efforts. The company will also maintain its listing on the TSX Venture Exchange with the symbol PTK.