Ankündigung • Aug 28
POET Technologies Inc.(TSXV:PTK) dropped from S&P/TSX Venture Composite Index POET Technologies Inc.(TSXV:PTK) dropped from S&P/TSX Venture Composite Index Ankündigung • Jul 18
POET Technologies Inc. has completed a Composite Units Offering in the amount of $25 million. POET Technologies Inc. has completed a Composite Units Offering in the amount of $25 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 5,000,000
Price\Range: $5
Discount Per Security: $0 Recent Insider Transactions Derivative • Jul 11
Executive VP exercised options to buy CA$1.1m worth of stock. On the 3rd of July, Thomas Mika exercised options to buy 111k shares at a strike price of around CA$1.52, costing a total of CA$169k. This transaction amounted to 80% of their direct individual holding at the time of the trade. Since March 2025, Thomas has owned 138.61k shares directly. Company insiders have collectively sold CA$118k more than they bought, via options and on-market transactions in the last 12 months. Ankündigung • Jul 08
Poet Technologies Inc. Announces Board Changes POET Technologies Inc. announced the appointment of Sohail Khan as director and member of the Corporate Governance & Nominating Committee. Mr. Khan’s appointment was effective as of July 7, 2025 and, along with the incumbent five directors of the Company, he will serve until the next annual meeting of shareholders of the Company or until his successor is duly elected or appointed. The size of POET’s Board was reduced to five members with the retirement of Chris Tsiofas, Chair of the Audit Committee, who decided not to stand for re-election at the recent Annual and Special Meeting of the Shareholders on June 27, 2025.Mr. Khan is a seasoned business executive in high technology firms with wide ranging experience, from leading startups to running multi-billion-dollar enterprises. A strong leader with a track record of anticipating and developing new technologies Mr. Khan has extensive M&A experience, having negotiated sale/purchase of multiple companies as CEO and Head of Strategy at Agere Systems. Most recently, Mr. Khan served as Executive Vice President, Wideband Gap Electronics and President of SiC, LLC, divisions of Coherent Corp. He was a member of the Board of Directors of LightPath Technologies for 16 years, Managing Partner of K5 Innovations LLC, and President & CEO of ViXS Systems Inc., a global fabless semiconductor company, and member of the Board of Intersil Corporation. Experienced in Corporate Governance, Mr. Khan has served on the Audit, Compensation and Finance committees of several private and public company boards. Following the appointment of Mr. Khan the Board will consist of six members, being Dr. Suresh Venkatesan (Chair), Jean-Louis Malinge (Lead Independent Director), Theresa Lan Ende, Glen Riley, Robert Tirva and Sohail Khan. New Risk • May 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (US$199k revenue). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$6.0m net loss in 2 years). Ankündigung • May 21
POET Technologies Inc. has filed a Follow-on Equity Offering. POET Technologies Inc. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: $5
Security Name: Warrant
Security Type: Equity Warrant
Securities Offered: 6,000,000 New Risk • May 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$45m Forecast net loss in 2 years: US$5.6m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m (US$199k revenue). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$5.6m net loss in 2 years). Reported Earnings • May 15
First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2025 results: EPS: US$0.08 (up from US$0.12 loss in 1Q 2024). Net income: US$6.34m (up US$12.1m from 1Q 2024). Revenue missed analyst estimates by 58%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 95% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in North America. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Ankündigung • Apr 28
POET Technologies Inc. has completed a Composite Units Offering in the amount of $25 million. POET Technologies Inc. has completed a Composite Units Offering in the amount of $25 million.
Security Name: Unit
Security Type: Equity/Derivative Unit
Securities Offered: 5,000,000
Price\Range: $5
Discount Per Security: $0 Ankündigung • Apr 24
POET Technologies Inc., Annual General Meeting, Jun 20, 2025 POET Technologies Inc., Annual General Meeting, Jun 20, 2025. Ankündigung • Apr 15
Poet Technologies Inc. Debuts Poet Blazar POET Technologies Inc. announced significant new customer engagement in response to live demonstrations of the POET Teralight line of 1.6T transmit and receive optical engines that broke performance expectations at the 2025 Optical Fiber Communications Conference at the Moscone Center in San Francisco, California. POET also debuted POET Blazar, a external light source that promises to shrink costs by an order of magnitude with the potential to disrupt the AI connectivity ecosystem at a time when the industry is in need of viable new solutions. Blazar represents a new class of laser and is designed to drive AI connectivity to the next level. It can transform the economics of AI connectivity with an architecture that reduces costs and increases scale and manufacturing efficiency. With the massive amount of compute power that AI demands, the company believe that Blazar offers an economically superior solution for co-packaged optics applications and, more importantly, for chip-to-chip, light-based connectivity in AI clusters. Ankündigung • Jan 02
POET Technologies Inc. (TSXV:PTK) acquired remaining 24.80% stake in Super Photonics Xiamen from Quanzhou Sanan Optical Communication Technology Co., Ltd for $6.5 million. POET Technologies Inc. (TSXV:PTK) signed a binding Memorandum of Understanding to acquire remaining 24.80% stake in Super Photonics Xiamen from Quanzhou Sanan Optical Communication Technology Co., Ltd. on November 25, 2024.
The transaction is subject to definitive agreement, which are expected to be signed by the end of November, 2024.
POET Technologies Inc. (TSXV:PTK) completed the acquisition of remaining 24.80% stake in Super Photonics Xiamen from Quanzhou Sanan Optical Communication Technology Co., Ltd. for $6.5 million on December 31, 2024. Sanan's 24.8% equity position in SPX to POET at closing for total consideration of $6.5 million to be paid over a period of 5 years, interest free, with the first and smallest payment due on October 31, 2025. Annual payments increase year by year over the five-year term, with the last payment due on October 31, 2029. The Company also provided to Sanan the option over the term, subject to certain conditions and notice, to convert any portion of the purchase price into common shares of the Company at a deemed issue price per Common Shares to be determined at the time of conversion, which shall be equal to the greater of (i) the prior 30-day volume weighted average trading price of the Common Shares on the NASDAQ for the period ending immediately prior to the conversion date, or (ii) the closing price of the Common Shares on the NASDAQ on the date immediately preceding the applicable conversion date. Any Common Shares of POET that may be issued pursuant to the conversion election under the Equity Transfer Agreement will be subject to a statutory hold period under applicable Canadian securities laws. Breakeven Date Change • Dec 31
Forecast to breakeven in 2027 The 3 analysts covering POET Technologies expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$15.0m in 2027. Average annual earnings growth of 53% is required to achieve expected profit on schedule. Ankündigung • Dec 05
POET Technologies Inc. Announces Appointment of Bob Tirva as Director and Member of the Audit Committee POET Technologies Inc. announced the expansion of the Company’s Board of Directors to six members with the appointment of Bob Tirva as director and member of the Audit Committee. Mr. Tirva’s appointment will be effective December 5, 2024 and, along with the incumbent five directors of the Company, he will serve until the next annual meeting of shareholders of the Company or until his successor is duly elected or appointed. Mr. Tirva brings over 30-years of executive experience in the technology industry and several years of advisory experience as a director of companies advancing semiconductor technology. Throughout his career, Mr. Tirva held various management positions at IBM, Broadcom Corporation, Dropbox and Intermedia Cloud Communications Inc. before assuming the role of President, Chief Operating Officer and Chief Financial Officer of Sonim Technologies Inc. until it was acquired by AJP Holding Company in 2022. Mr. Tirva currently serves on the board of Skyworks Aeronautics and was recently on the boards of Costar Technologies and Resonant Inc. Following the appointment of Mr. Tirva, the Board will consist of six members, being Dr. Suresh Venkatesan (Chair), Jean-Louis Malinge (Lead Independent Director), Theresa Lan Ende, Glen Riley, Chris Tsiofas, and Bob Tirva. Ankündigung • Dec 04
POET Technologies Inc. has completed a Follow-on Equity Offering in the amount of $25.000002 million. POET Technologies Inc. has completed a Follow-on Equity Offering in the amount of $25.000002 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 5,555,556
Price\Range: $4.5
Discount Per Security: $0
Security Name: Warrant
Security Type: Equity Warrant
Securities Offered: 2,777,778
Transaction Features: Registered Direct Offering New Risk • Nov 18
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Revenue is less than US$1m (US$120k revenue). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Breakeven Date Change • Oct 09
No longer forecast to breakeven The 2 analysts covering POET Technologies no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$5.66m in 2026. New consensus forecast suggests the company will make a loss of US$8.90m in 2026. Ankündigung • Sep 26
POET Technologies Inc. announced that it has received $15 million in funding from MM Asset Management Inc POET Technologies Inc. announced that it entered into a securities purchase agreement with MMCAP International Inc. SPC to issue securities consisting of an aggregate of 4,000,000 common shares, without par value and a warrant exercisable for an aggregate of up to 2,000,000 Common Shares at an exercise price of $5 per Common Share; aggregate gross proceeds of $15,000,000 on September 25, 2024. The Common Shares and the accompanying Warrant can only be purchased together in this Offering but will be issued separately. The price for each Common Share and accompanying Warrant in respect of one-half Common Share was $3.75. No placement agent is involved in this Offering. Warrant is exercisable, in whole or in part, for a period of five years from the date of issuance. New Risk • Sep 11
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$24m Forecast net loss in 2 years: US$331k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m (US$116k revenue). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$331k net loss in 2 years). Ankündigung • Sep 11
Chengdu Insiga Semiconductor Technology Co., Ltd. and POET Technologies Inc. to Demonstrate Laser Driver and Optical Engine Combinations for 800G and 1.6T Optical Modules At Cioe Chengdu InSiGa Semiconductor Technologies Co., Ltd. and POET Technologies Inc. announced that they have developed and will showcase in a live demonstration the combination of POET's 200Gx4 transmit optical engine using InSiGa's 200G/lane EML driver ISG-D9616 for 800G and 1.6T modules at the 2024 China International Optoelectronic Expo (CIOE) from September 11-13 at POET booth 11B59. AI and big data have led to significant increase in bandwidth in recent times and this higher bandwidth requirement can be supported by next generation 800G/1.6T optical modules. 200Gbs/lane requirement is now required to achieve the highest bandwidth modules that can be used to support AI and emerging datacenter applications. POET and InSiGa have developed a unique solution for 200Gx4 applications based on POET’s revolutionary Silicon based optical interposer technology using InSiGa’s patented DC coupled 200G/lane EML driver. This approach provides the most compact solution and allows for optimal performance as no external components are required between the EML and the driver. This design is built upon the successful implementation of similar optical engines using 100G/lane EML driver ISG-D5616 used in 400G optical engines designed by POET. ISG-D9616 is a single channel DC coupled EML driver that can be flip-chipped or wire bonded directly to the EML. This differential input and single ended output driver does not need any bias-T or capacitor between the driver and the EML. The differential input to the driver also offers cross-talk immunity especially for 112Gbaud/s applications. The driver is very compact with a die size of 0.7x0.9mm. The driver needs no external 50ohm termination for the EML making the design very simple and eliminating RF degradation due to extra bond wire inductance between the EML and the 50ohm termination. ISG-D9616 is sampling to customers now. POET’s 800G FR4 and DR4 transmit optical engines (OE) consist of high-speed externally modulated lasers (EMLs), integrated EML drivers (ISG-D9616) and optical multiplexer (for FR4) assembled on POET’s optical interposer. The drivers and lasers are flip chip attached at wafer scale and passively aligned to waveguides and multiplexer. The OEs have been designed specifically for use in 800G FR4 & 1.6T 2xFR4 and 800G DR4 & 1.6T DR8 OSFP and QSFP-DD pluggable transceivers. Reported Earnings • Aug 16
Second quarter 2024 earnings released: US$0.14 loss per share (vs US$0.11 loss in 2Q 2023) Second quarter 2024 results: US$0.14 loss per share (further deteriorated from US$0.11 loss in 2Q 2023). Net loss: US$7.98m (loss widened 82% from 2Q 2023). Revenue is forecast to grow 136% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in North America. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Breakeven Date Change • Jun 11
Forecast to breakeven in 2026 The 2 analysts covering POET Technologies expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$20.0m in 2026. Average annual earnings growth of 81% is required to achieve expected profit on schedule. New Risk • May 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (US$294k revenue). Reported Earnings • May 17
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: US$0.12 loss per share. Net loss: US$5.72m (loss widened 8.4% from 1Q 2023). Revenue missed analyst estimates by 99%. Earnings per share (EPS) also missed analyst estimates by 10%. Ankündigung • May 12
POET Technologies Inc. announced that it has received CAD 19.999997 million in funding On May 10, 2024, POET Technologies Inc closed the transaction. The company issued 3,448,275 units at issue price CAD 2.90 per unit for gross proceeds CAD 9,999,997.5 in its final tranche. Ankündigung • Apr 30
POET Technologies Inc. announced that it expects to receive CAD 19.999997 million in funding POET Technologies Inc. announced a non-brokered private placement of up to 3,258,390 units at a price of CAD 3.069 per unit for the gross proceeds of CAD 9,999,999 on April 29, 2024. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one common share of the company for a period of 60 months following the closing date of the offering at an exercise price of CAD 4.26 per warrant share. No brokers or finders were engaged in this transaction.
On the same day, the company announced that the company will issue additional 3,448,275 units at a price of CAD 2.90 per unit for the gross proceeds of CAD 9,999,997.5. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the company for a period of 60 months following the closing date of the PP offering at an exercise price of CAD 4.26 per warrant share. The common shares forming a part of the units, the warrants, and the warrant shares are each subject to a 4-month holding period. The PP offering is scheduled to close on or about May 10, 2024 and completion of the PP offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The closing of the PP Offering is not conditional upon the closing of the LIFE Offering announced earlier today. Ankündigung • Apr 18
POET Technologies Inc. Announces Change in Role of Vivek Rajgarhia POET Technologies Inc. announced a change in the role of Vivek Rajgarhia, who has served as the Company’s President & General Manager since November 2019. Mr. Rajgarhia will remain an employee of POET but will transition from executive officer to the role of Corporate Development Advisor to the CEO, effective immediately. This scope change, initiated by Mr. Rajgarhia, will provide him with the time that he has requested to attend to certain personal matters, but will also allow him to continue his important role in providing both strategic advice to the CEO and management team. Ankündigung • Apr 13
POET Technologies Inc., Annual General Meeting, Jun 21, 2024 POET Technologies Inc., Annual General Meeting, Jun 21, 2024. Ankündigung • Mar 27
POET Technologies Inc. Enters Optical Module Market with 800G Transceiver for Artificial Intelligence Networks POET Technologies Inc. announced its first entry into the optical module market for artificial intelligence and cloud data center markets with an 800G pluggable transceiver. The Wavelight is an 800G 2xFR4 OSFP module that incorporates the Company's POET Optical Interposer technology and related optical engine products. Wavelight is the Company's first POET-branded module and its initial entry into the pluggable optical module market, representing a key milestone in its commercialization roadmap. POET debuts in the module market at the leading edge of module designs at a speed and performance that is highly sought after by AI network operators such as Google, Meta, Nvidia and AWS. The Company will showcase Wavelight modules at the OFC 2024 conference in San Diego from March 26-28 (Booth #5001) and customer sampling will begin in third quarter 2024. Wavelight has 8 lanes of electrical input and output channels operating at 106.25Gbps per channel. The Wavelight product line is complementary to POET's optical engine sales. POET is committed to continue its optical engine sales both directly and through its joint venture, Super Photonics Xiamen (SPX), and serve pluggable transceiver customers for 100Gbps to 800Gbps speeds. Ankündigung • Mar 23
POET to Demo AI Hardware Products for 800G and Beyond at OFC 2024 POET Technologies Inc. announced it will expand on its leadership role in deploying next-generation silicon photonics products when it features live demonstrations of new modules and optical engines during the 2024 Optical Fiber Communications (OFC) Conference Exhibition to be held in San Diego, California from March 26 – 28, 2024. The products that POET is scheduled to demonstrate include: 800G Optical Engines: An 800G 2xFR4 OSFP Module with integrated POET Optical Engines will be demonstrated to showcase the superior error free performance after transmission over 2km of single mode fiber. The module consists of two 400G silicon photonics transmitters and one integrated 800G receiver, operating on four ITU-defined CWDM wavelengths. POET Starlight™: An 8-channel packaged light source for C-Band and O-Band wavelengths for chip-to-chip AI applications and co-packaged optics for the data center market. Starlight can be integrated on a host board and connected to chips and ASICs with built-in silicon photonics. It is ready for scalable manufacturing using individually mounted lasers rather than expensive laser arrays, driving lower cost and expandability to 64 channels and above. 200G/lane Optical Engines: OFC attendees will get a first look at POET’s groundbreaking 200G/lane transmitter and receiver engines, fundamental building blocks for enabling pluggable transceivers at 1.6T and 3.2T data rates. EML-based 100G/lane Transmit Optical Engine with integrated driver: The latest version of POET’s Infinity chiplet incorporates externally modulated lasers (EMLs) and EML drivers that offer a highly integrated transmit solution with superior performance and at a lower cost for 400G and 800G FR4 applications. Pluggable transceivers from module partners: POET will showcase pluggable transceivers from module partners like Luxshare-TECH, ZKTel and Fibertop from 100G to 800G speeds that use POET’s Optical Interposer and Optical Engine technology. The 2024 OFC Conference takes place at the San Diego Convention Center from March 26-28. Visit POET at Booth #5001 to see demonstrations. Reported Earnings • Mar 19
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: US$0.51 loss per share (improved from US$0.57 loss in FY 2022). Net loss: US$20.3m (loss narrowed 3.7% from FY 2022). Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Ankündigung • Mar 18
POET Technologies Inc. Announces Changes to its Board POET Technologies Inc. announced that effective March 14, 2024, Peter Charbonneau, lead independent director and chairman of the Corporate Governance and Nominating Committee is stepping down from the Board of Directors for personal reasons. Jean-Louis Malinge has been appointed as lead director and chairman of the Corporate Governance and Nominating Committee effective March 15, 2024 and Michal Lipson has been appointed to the vacancy in the Audit Committee left by Mr. Charbonneau. Ankündigung • Jan 26
POET Technologies Inc. to Report Fiscal Year 2023 Results on Mar 30, 2024 POET Technologies Inc. announced that they will report fiscal year 2023 results at 4:00 PM, US Eastern Standard Time on Mar 30, 2024 Ankündigung • Jan 25
POET Technologies Inc. announced that it has received CAD 6.219667 million in funding On January 25, 2024, POET Technologies Inc., closed the transaction. The company issued 5,098,088 units at a price of CAD 1.22 per unit for the gross proceeds of CAD 6,219,667.36. As a part of the transaction, the company paid CAD 43,829 as finder fee in the transaction. Ankündigung • Dec 12
POET Technologies Inc. announced that it expects to receive CAD 4.999999 million in funding POET Technologies Inc. announced a non-brokered private placement of 4,098,360 units at a price of CAD 1.22 for the gross proceeds of CAD 4,999,999 on December 11, 2023. Each Unit will be comprised of one common share and one common share purchase warrant. Each warrant entitling the holder thereof to purchase one common share at a price of CAD 1.52 per common share. The company may conduct multiple closings at its discretion with the final closing of the Offering is expected to take place on or around January 15, 2024. Closing of the Offering is subject to the satisfaction or waiver of a number of customary closing conditions, including the approval of the TSX Venture Exchange. The securities issued pursuant to the offering will be subject to applicable hold periods, including the statutory four month hold period from the date of closing of the Offering. As a part of the transaction, the company may pay cash fees to certain finders in respect of subscriptions received from certain investors in connection with the offering, subject to entering into customary arrangements with such finders and subject to the approval of the TSXV. Ankündigung • Dec 01
POET Technologies Inc. has completed a Follow-on Equity Offering. POET Technologies Inc. has completed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 1,600,000
Price\Range: $0.9
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 1,600,000 Reported Earnings • Nov 17
Third quarter 2023 earnings released: US$0.13 loss per share (vs US$0.11 loss in 3Q 2022) Third quarter 2023 results: US$0.13 loss per share (further deteriorated from US$0.11 loss in 3Q 2022). Net loss: US$5.14m (loss widened 27% from 3Q 2022). Revenue is forecast to grow 206% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in North America. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Ankündigung • Nov 07
POET Technologies Inc. to Report Q3, 2023 Results on Nov 15, 2023 POET Technologies Inc. announced that they will report Q3, 2023 results on Nov 15, 2023 Ankündigung • Nov 03
POET Technologies Inc. has filed a Follow-on Equity Offering. POET Technologies Inc. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Security Name: Warrants
Security Type: Equity Warrant New Risk • Nov 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$16m free cash flow). Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. Revenue is less than US$1m (US$791k revenue). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$19m net loss next year). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). New Risk • Sep 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$16m free cash flow). Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. Revenue is less than US$1m (US$791k revenue). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$19m net loss next year). Shareholders have been diluted in the past year (11% increase in shares outstanding). Ankündigung • Aug 17
POET Technologies Inc. Creates Platform for 1.6T Transceivers Using 200G Per Lane Technology POET Technologies Inc. announced its development of an optical interposer platform for 1.6T transceivers and beyond using 200G per lane technology for next generation data center and AI networks. Migrating from 100G per lane to 200G per lane doubles the bandwidth with the same face plate density as 100G per lane, lowers the overall system power consumption and reduces the solution cost. Cloud and other service providers can continue to reap the benefits of pluggable transceivers in their networks and deploy pluggable solutions at bandwidths of 1.6T (and beyond) with 200G per lane technology utilizing POET’s enhanced interposer-powered optical engines. Enhancements to the Optical Interposer now support 200Gbps per lane speed for both the transmitter and the receiver. The transmit optical engine has been modified for externally modulated lasers (EML), EML drivers and monolithically integrated multiplexers for single mode fiber applications for up to 10km reach. The receive optical engine can now incorporate the next generation higher speed photodiodes, trans-impedance amplifiers and monolithically integrated low-loss polarization-insensitive demultiplexers for 1.6T transceivers and beyond. The newly-designed Optical Interposer architecture enables seamless wafer-scale passive assembly of externally modulated lasers from multiple suppliers, providing maximum flexibility for customer requirements. Among the new features of the Optical Interposer, the most important include: Novel transmission line designs to supply low-loss, high-speed electrical interconnects with bandwidth greater than 75GHz, a requirement of next generation of high-speed lasers and drivers. Adaptations to support the integration of conventional surface mount device (SMD) components, which improve RF performance that is crucial at such high speeds. New, proprietary demux architectures and assembly techniques to allow passive, wafer-level assembly of the next generation of high-speed photodiodes. Through-Silicon-Vias (TSVs) on the Optical Interposer platform for integration of high-speed electrical and optical components while eliminating wire bonds – one of the primary sources of signal noise and interference in transceivers. The overall effect of these improvements to the Optical Interposer platform is to achieve superior performance in a power-optimized solution at 200G per lane that can be included in 1.6T pluggable transceivers. The small form factor of POET Optical Engines makes the solution scalable to 3.2T pluggable transceivers in current industry standard form factors. POET expects to complete the design of 1.6T Transmit and Receive optical engines with 200Gbps per lane technology based on the new generation of Optical Interposer designs by early 2024. It plans to demonstrate these products at major tradeshows and start customer sampling by first half of 2024. Ankündigung • Jul 27
POET Technologies Announces Sample Availability of 100G LR4 Optical Engines and Testing with Three Lead Customers POET Technologies Inc. announced sample readiness of 100G LR4 Transmit and 100G LR4 Receive optical engines that are part of “POET Legacy™” product family. Three lead customers have received samples and started product evaluation and two others have requested samples. The POET 100G LR4 Transmit and Receive optical engines are designed using POET’s Optical Interposer technology and known good optical components, including high-speed DML lasers and photodiodes. The engines meet the IEEE 100GBASE-LR4 standard for transmission up to 10km and are suitable for use in QSFP28, CFP, CFP2 and other high density form factors. 100G LR4 transceivers are a mainstay of the telecom industry, providing key links from data centers to trunk lines. The chip-on-board, non-hermetic architecture of POET’s optical engines eliminates the costly TOSA (Transmit Optical Subassembly) and ROSA (Receive Optical Subassembly) that are prevalent in most 100G LR4 transceivers today. The engines are assembled using standard pick and place attach process without any need for micro-optic lenses and isolators. No active alignment enables wafer-scale assembly and testing of the engines. The small size 100G LR4 Transmit optical engine is about 9mm by 4mm and incorporates four DML lasers operating at the LAN-WDM wavelengths as defined by the IEEE 802.3ba standards. The Optical Multiplexer, monitor photodiodes and an FAU (Fiber Array Unit) are included on the engine. The Receive optical engine is 7.5mm by 4.5mm and includes high-speed photodiodes, a demultiplexer and FAU. POET expects to complete the qualification of 100G LR4 Transmit and Receive optical engines and start volume production at its joint venture partner, Super Photonics, by First Quarter 2024. The ethernet transceiver market for 100G LR4 is projected by LightCounting to sustain a steady run rate with estimated cumulative sales of $1.6 billion over the 2024-2028 period. Ankündigung • Jun 15
POET Technologies Inc. Announces Sample Availability of “POET Infinity” and Testing with Two Lead Customers POET Technologies Inc. announced alpha sample readiness of “POET Infinity™”, a chiplet-based transmitter platform for 400G, 800G and 1.6T pluggable transceivers and co-packaged optics solutions. Two lead customers have agreed to partner with POET to test the alpha version of the Infinity chiplet. The POET Infinity chiplet complements the POET 800G 2xFR4 Receiver optical engine that the Company announced in February 2023, and completes the 800G chipset for 2xFR4 QSFP-DD or OSFP applications with two Infinity chiplets and one Receiver optical engine. Both customers intend to develop 800G 2xFR4 QSFP-DD and OSFP transceiver solutions using the POET Optical Engine chipsets. The Infinity chiplet is the industry’s first implementation of directly modulated lasers (DMLs) for 100G/lane applications. DMLs are power efficient, cost effective and become a highly scalable solution when paired with the POET Optical Interposer™ platform. The chiplet incorporates 100G PAM4 DMLs, DML Drivers and an integrated optical multiplexer for a complete 400GBASE-FR4 transmitter solution on a chip. The small size of the chiplet and a daisy-chain architecture enables side-by-side placement of multiple instances to achieve 800G and 1.6T speeds. The POET Infinity product line carries forward the POET differentiation of all passive alignments and monolithically integrated waveguides, multiplexers and demultiplexers, which translates to lower cost, lower power consumption and ease-of-assembly benefits for customers. The development of a production version of the POET Infinity chiplet is on track and POET expects to deliver beta samples by Fourth Quarter of 2023 and start production by the first half of 2024. The ethernet transceiver market for 400G and above data rates is projected by Lightcounting to exceed $6 billion by 2028. Recent Insider Transactions Derivative • Apr 16
Independent Director exercised options to buy CA$130k worth of stock. On the 7th of April, Chris Tsiofas exercised options to buy 25k shares at a strike price of around CA$5.00, costing a total of CA$125k. This transaction amounted to 143% of their direct individual holding at the time of the trade. Since December 2022, Chris has owned 17.50k shares directly. Company insiders have collectively bought CA$393k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Apr 06
Lead Independent Director exercised options to buy CA$129k worth of stock. On the 3rd of April, Peter Charbonneau exercised options to buy 25k shares at a strike price of around CA$5.00, costing a total of CA$125k. This transaction amounted to 100% of their direct individual holding at the time of the trade. Since June 2022, Peter has owned 25.00k shares directly. Company insiders have collectively bought CA$268k more than they sold, via options and on-market transactions, in the last 12 months. Ankündigung • Feb 16
POET Technologies to Demonstrate 800G Optical Engines and Light Source Products at OFC 2023 POET Technologies Inc. announced that it will be hosting live demonstrations of its advanced optical engine and light source products at the 2023 Optical Fiber Communication Conference and Exhibition (OFC). POET's executive leadership will be at OFC, March 7 March 9, to showcase the Company's latest technology in Booth #5311. Customers and attendees can view mechanical samples and live demonstrations of the following products: 800G 2xFR4 receive optical engines with integrated DMUX, photodiodes and trans-impedance amplifier; 100G LR4 transmit and receive optical engines for 10km transmission applications; O-Band LightBarTM products with high-power CW lasers for co-packaged optics and artificial intelligence/machine learning (AI-ML) GPUs; Mechanical demo of 800G 2xFR4 QSFP-DD transceiver showcasing the simplicity of a transceiver design utilizing POET's optical engines. Ankündigung • Feb 03
POET Technologies Inc. Partners with Luxsharetech and Announces Availability of 400G and 800G Receive Optical Engines POET Technologies Inc. announced that it has started sampling 400G FR4 and 800G 2xFR4 receive optical engines (RXOEs). POET will partner with Luxshare Technology Co. Ltd. (LuxshareTech). The POET 400G FR4 RXOE, produced by Super Photonics Xiamen, the company’s JV, integrates a quad trans-impedance amplifier (TIA), four high-speed photodiodes and an optical demultiplexer integrated in a single chiplet measuring 12x5mm. The 800G 2xFR4 RXOE consists of an integrated octal trans-impedance amplifier (TIA), eight high-speed photodiodes and two optical demultiplexers in a single chiplet measuring 15x5mm. Customers of POET’s RXOEs have the option to procure the engines with integrated fiber array unit (FAU), which provides an even more complete solution for next-generation data center interconnects. The 400G and 800G RXOEs achieve superior performance through better integration of photodiodes and TIA and exceed the industry standard specifications for 400GBASE-FR4 interfaces. POET expects to complete design verification testing and reliability qualification of the RXOEs in the first half of 2023 and start production in the second half of 2023. Ankündigung • Jan 11
POET Technologies Inc. Announces Production Release of Optical Engines for 100G, 200G and 400G for Telecom and Data Center Market POET Technologies Inc. announced that it has released to production four optical engines, an achievement that advances the Company’s commercialization goals. The small form factor optical engines with integrated directly modulated lasers (DMLs), optical multiplexer, high-speed photodiodes and optical demultiplexer enable low power, cost-efficient and highly scalable 100G CWDM4, 200G FR4 and 400G FR4 pluggable transceivers for telecom and data center markets. POET reached its production release milestones while working with Super Photonics, the joint venture company formed with Sanan IC of Xiamen, China. POET and Super Photonics have jointly completed design verification testing and reliability testing of the optical engines per relevant industry standards. The next step in the commercialization process is for POET’s customers to qualify the products internally with their clients. Purchase orders are expected to follow. The 100G CWDM4 transmit optical engine consists of four high-speed DMLs, monitor photodiodes and an optical multiplexer. The receive optical engines for 100G CWDM4, 200G FR4 and 400G FR4 have four high-speed photodiodes and an optical demultiplexer integrated in a compact form factor. Customers of POET’s optical engines have the option to procure the engines with an integrated fiber array unit (FAU), which provides an even more complete solution for next generation data center interconnects. Super Photonics has received an order from a customer for transceiver prototype builds for end customer qualification. POET and Super Photonics are actively working with at least four other customers to complete transceiver level design and qualification of the optical engines and expect to ramp to high volume in the second half of 2023. POET expects to release more products to production in the first half of the year. Ankündigung • Dec 03
POET Technologies Inc. announced that it has received CAD 4.292479 million in funding On December 2, 2022, POET Technologies Inc. closed the transaction. Under this closing the company raised 1,126,635 units at a price of CAD 3.81 per Unit for aggregate gross proceeds of CAD 4,292,479.35. Each Unit consists of one common share of the and one-half of one common share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 4.95 per common share for a period of three years following the closing date of the Offering. The company paid an aggregate cash finder's fee of CAD 57,897.35. . The Offering is subject to final acceptance of the TSX Venture Exchange. Ankündigung • Nov 19
POET Technologies Inc. announced that it expects to receive CAD 6.852517 million in funding POET Technologies Inc. announced a non-brokered private placement of up to 1,798,561 units at a price of CAD 3.81 per unit, for aggregate gross proceeds of up to approximately CAD 6,850,000 on November 18, 2022. Each Unit will be comprised of one common share of the corporation and one-half of one common share purchase warrant, with each warrant entitling the holder thereof to purchase one additional Common Share at a price of CAD 4.95per Common Share for a period of three years following the closing date of the Offering. In connection with the Offering, the Corporation has entered into binding subscription agreements with certain investors representing expected subscription proceeds totaling approximately CAD 3.75 million. The Corporation is in discussions with other potential investors and may accept further subscriptions from other investors up to a total, when combined with the existing CAD 3.75 million committed subscriptions, of approximately CAD 6.85 million. The closing of the transaction is expected to take place on or around December 2, 2022. Closing of the transaction is subject to the satisfaction or waiver of a number of customary closing conditions, including the approval of the TSX Venture Exchange ("TSXV"). The securities issued pursuant to the Offering will be subject to applicable hold periods, including the statutory four month hold period from the date of closing of the transaction. In connection with the closing, the Corporation may pay cash commissions and or finder's fees to certain finders in respect of subscriptions received from certain investors in connection with the Offering, subject to entering into customary arrangements with such finders and subject to the approval of the TSXV. Ankündigung • Oct 28
POET Technologies Inc. Announces 800G & 1.6T Optical Engines for Hyperscale Data Center Market POET Technologies Inc. announced that it will use Directly Modulated Lasers (DMLs) with integrated drivers in POET’s transmit optical engines and high-speed photodiodes and integrated Transimpedance Amplifiers (TIAs) in receive optical engines, to enable low power, cost-efficient and highly scalable 800G and 1.6T pluggable transceivers for hyperscale data centers. Working with a market-leading designer and manufacturer of lasers, POET’s optical engines will be the industry’s first implementation of DMLs at these data rates. POET will use the breakthrough DMLs for its modulator-free design of the POET 400G transmit engine. Its small size and chip-on-board design will allow 800G and 1.6T designs to easily fit in an industry-standard 1.6T OSFP-XD form factor. DML technology has a proven track record of enabling high volume transceiver deployments at every generation of speeds in hyperscale data centers. The 100G PAM4 DML passively integrated on the POET optical engine not only addresses current 400G solutions at mass volume but also enables future intra-data center interconnects as the industry moves to higher speeds. Pluggable transceiver customers will benefit from POET’s proven optical engine platform with chip-scale assembly, monolithically integrated multiplexer/demultiplexer and passive alignments for use in 400G, 800G and 1.6T FR4 modules. The optical engine solutions will simplify the transceiver design and eliminate the need for cumbersome and costly active alignments. POET expects to start sampling 800G/1.6T optical engines in the first half of 2023. Ankündigung • Jul 07
Poet Technologies Announces Sampling of 200G Fr4 Transmit and Receive Optical Engines for QSFP56 Transceivers for Cloud Data Centers and 5G Connectivity POET Technologies Inc. announced sampling of its 200G FR4 Transmit (TX) and Receive (RX) Optical Engines. The Optical Engines are based on the POET Optical Interposer, a unique hybrid integration photonics packaging platform. The Company has shipped samples to multiple lead customers through Super Photonics, its joint venture with Sanan IC, and expects the 200G FR4 TX and RX Optical Engines to be in production at Super Photonics by the end of 2022. The 200G FR4 Transmit Optical Engine integrates four high-speed directly modulated lasers (“DMLs”) each operating at 50 Gigabits/second speed with a low-loss AWG (Arrayed Waveguide Grating)-based multiplexer that is monolithically integrated on the Optical Interposer. Monitor photodiodes are built into the Optical Engine for active power monitoring. The 200G FR4 Receive Optical Engine integrates four high-speed photodetectors each operating at 50 Gigabits/second speed with a low-loss AWG (Arrayed Waveguide Grating)-based demultiplexer that is monolithically integrated on the Optical Interposer. A single mode optical fiber with LC connector is attached to the TX and RX Optical Engines for seamless integration in a 200GBASE-FR4 transceiver module. 200G FR4 Transmit and Receive Optical Engine Key Features: Supports 200GBASE-FR4 (4x50Gbps) PAM-4 transmission; Uncooled DFB lasers (CWDM wavelengths) and PIN photodetectors; A low-loss AWG (Arrayed Waveguide Grating)-based quad-wavelength multiplexer and demultiplexer that are temperature independent and monolithically integrated into the optical waveguide layer of the Optical Interposer; A small size form factor, which enables an 200GBASE-FR4 and 2x200GBASE-FR4 in a QSFP56 optical transceiver module and; LC connectorized single mode fiber attached to the engines. Ankündigung • Jun 30
POET Technologies Inc. Announces Availability of 400G Fr4 and 800G (2X400g Fr4) Receive Optical Engines for Qsfp-Dd and Osfp Transceivers for Cloud Data Centers POET Technologies Inc. announced the availability of its 400G FR4 and 800G (2x400G FR4) Receive (RX) Optical Engines based on the POET Optical Interposer, a unique hybrid integration photonics packaging platform. The company has shipped samples to multiple lead customers and expects the 400G FR4 Receive Optical Engine to be in production at Super Photonics, its JV with Sanan IC, by the end of Third Quarter 2022. The 400G FR4 Receive Optical Engine integrates four 56 Gigabaud photodetectors each operating at 100 Gigabits/second speed with a low-loss AWG (Arrayed Waveguide Grating)-based demultiplexer that is monolithically integrated on the Optical Interposer. A single mode optical fiber with LC connector is attached to the Optical Engine for seamless integration in a 400GBASE-FR4 transceiver module. 400G FR4 Receive Optical Engine Key Features: Four 56 Gigabaud photodetectors each operating at 100 Gigabits/second speed, flip-chipped onto the Optical Interposer and coupled passively to vertical mirrors embedded in the Optical Interposer; A low-loss AWG (Arrayed Waveguide Grating)-based quad-wavelength demultiplexer that is polarization independent, temperature independent and is monolithically integrated into the optical waveguide layer of the Optical Interposer; A small size (3.8mm x 10mm) form factor, which enables an 800G Optical Engine in a 2x400G configuration in both QSFP-DD800 and OSFP optical transceiver modules; and LC connectorized single mode fiber attached to the Optical Engine. Ankündigung • Jun 22
POET Technologies Inc. Appoints Renowned Industry Expert Michal Lipson as Board Advisor POET Technologies Inc. announced that it has appointed Michal Lipson, a pioneer and thought leader in silicon photonics as well as a highly-published researcher in physics, as an advisor to the Company’s Board of Directors. The company also plans to nominate Lipson as a director at its upcoming Annual General Meeting currently scheduled for October 6, 2022. Lipson currently serves as aEugene Higgins Professor of Electrical Engineering and Professor of Applied Physics at Columbia University. Her research focus is on Nanophotonics and includes the investigation of novel phenomena, as well as the development of novel devices and applications. Prof. Lipson pioneered critical building blocks in the field of Silicon Photonics, which is recognized as one of the most promising directions for solving the major bottlenecks in microelectronics. She is the inventor of over 45 issued patents and has co-authored more than 250 scientific publications. In recognition of her work in silicon photonics, she was elected as a member of the National Academy of Sciences and the American Academy of Arts and Sciences. She was also awarded the NAS Comstock Prize in Physics, the MacArthur Fellowship, the Blavatnik Award, the Optical Society’s R. W. Wood Prize, the IEEE Photonics Award, and has received an honorary degree from Trinity College, University of Dublin. In 2020, she was elected the 2021 Vice President of The Optical Society and will serve as OSA President in 2023. Since 2014, every year, she has been named by Thomson Reuters as a top 1% highly cited researcher in the field of Physics. Lipson’s work has been cited in top high-impact journals such as Nature, Nature Photonics, Nature Physics, IEEE Photonics Technology Letters, Nanoletters, Lab on a Chip, Physical Review Letters and IEEE Journal of Lightwave Technologies. Ankündigung • Apr 22
POET Technologies Inc. to Report Q4, 2021 Results on Apr 26, 2022 POET Technologies Inc. announced that they will report Q4, 2021 results After-Market on Apr 26, 2022