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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) 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.
POET Technologies 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 exercisable at C$8.32 for five years. The offering price represents a 21.8% premium over the closing price on April 25, 2025.
The offering is expected to be fully subscribed by a single Canadian institutional investor and should close around May 15, 2025. This follows the completion of POET's acquisition of San'an Optical's 24.8% stake in Super Photonics Integrated Circuit Xiamen (SPX) and progress in Malaysian manufacturing expansion. The proceeds will be used for working capital and general corporate purposes, strengthening POET's position in optical engines and light sources for AI systems.
POET Technologies (TSX: PTK; NASDAQ: POET) has announced increased customer engagement following demonstrations of its POET Teralight™ 1.6T optical engines at the 2025 OFC Conference in San Francisco. The company showcased breakthrough performance in partnership with Mitsubishi Electric's 400G EML lasers.
The company also introduced POET Blazar™, a revolutionary external light source designed to significantly reduce costs in AI connectivity. According to CEO Dr. Suresh Venkatesan, Blazar represents a new class of laser that could transform AI connectivity economics through improved cost efficiency, scalability, and manufacturing capabilities.
The solution is particularly targeted at co-packaged optics applications and chip-to-chip light-based connectivity in AI clusters. The company's Chief Revenue Officer, Raju Kankipati, indicated strong post-conference customer engagement and projected substantial revenue growth for 2026.
POET Technologies (TSX: PTK; NASDAQ: POET) has announced a strategic partnership with South Korea's Lessengers to develop 800G DR8 transceivers for AI and hyperscale data center applications. The collaboration combines POET's Infinity™ transmit and receive optical engines with Lessengers' Direct Optical Wiring (DOW) technology to create a cost-effective solution.
Under the partnership, POET will provide highly integrated optical engines configured in an 800G DR8 architecture, incorporating both electronic and photonic components. Lessengers plans to have transceiver samples available for customer review in the second half of 2025.
POET Technologies (TSX: PTK; NASDAQ: POET) has received the Elite Score award from Lightwave+BTR Innovation Reviews for its Optical Interposer™ technology at the OFC Conference in San Francisco. The award recognizes the innovative advancement in optical communications and broadband technology.
The company is showcasing its latest innovations, including POET Teralight™, a line of 1.6T integrated transmit and receive optical engines, and POET Blazar™, an advanced light source solution. Notably, Adtran is demonstrating its Quattro 100G LR4 module featuring POET's optical engines in its private demo room.
POET's silicon-based optical engines and light sources are designed to enhance AI hardware applications and data center hyperscalers' speed and performance. The company's exhibition continues at OFC Booth #5315 through April 3, 2025.
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