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POET Technologies Eyes Expansion With $400 Million Raise and $500 Million Lumilens Deal POET Technologies completed a US$400m registered direct offering of roughly 19 million shares and the same number of warrants to fund a planned ten-fold manufacturing expansion, targeted acquisitions, R&D and its light source business for AI and data center photonics.
The company signed a joint development and supply agreement with Lumilens that includes an initial US$50m order for optical engines and a framework that could reach more than US$500m in purchases over five years, alongside Lumilens warrants for about 22.9 million shares.
POET’s stock has seen sharp swings after Marvell canceled all Celestial AI-related orders over alleged confidentiality breaches, followed by multiple federal class action lawsuits that also question the company’s prior statements on its PFIC tax status.
The picture here is of a company trying to scale aggressively into AI data center photonics while dealing with heavy dilution, legal overhangs and the loss of a key customer contract.
For investors, the trade-off is between the size of the Lumilens opportunity and capacity build-out on one side, and execution risk, shareholder dilution and litigation uncertainty on the other. Announcement • May 20
POET Technologies Inc. has completed a Follow-on Equity Offering in the amount of $400.00002 million. POET Technologies Inc. has completed a Follow-on Equity Offering in the amount of $400.00002 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 19,047,620
Price\Range: $21
Security Name: Warrant
Security Type: Equity Warrant
Securities Offered: 19,047,620
Transaction Features: Registered Direct Offering Announcement • May 15
POET Technologies Inc. has filed a Follow-on Equity Offering in the amount of $400.00002 million. POET Technologies Inc. has filed a Follow-on Equity Offering in the amount of $400.00002 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 19,047,620
Price\Range: $21
Security Name: Warrant
Security Type: Equity Warrant
Securities Offered: 19,047,620
Transaction Features: Registered Direct Offering Announcement • May 14
POET Technologies Inc. Announces Appointment of Sandeep Kumar as Chief Operating Officer, Effective May 11, 2026 POET Technologies Inc. announced the appointment of Sandeep Kumar as Chief Operating Officer reporting to the Chief Executive Officer. Dr. Kumar’s appointment was effective as of May 11, 2026. Dr. Sandeep Kumar is an experienced executive in the semiconductor industry. In his last position at Silicon Labs based in Austin, TX where he worked for over 18 years, he was Senior Vice President of Worldwide Operations. He has managed manufacturing teams, supply chain, planning, CAD, process engineering, package engineering, product and test engineering, quality assurance, failure analysis, as well as prototype production and reliability test labs. Sandeep has experience working closely with the design, marketing, sales teams, and customers addressing their geopolitical concerns. Prior to joining Silicon Labs, Sandeep was responsible for worldwide product and test engineering for the storage business at Agere Systems, Lucent Technologies and AT&T Bell Labs working closely with the internal factories in the United States and Asia. As a member of the Bell Labs technical staff, Sandeep was part of the group that designed ISDN U-interface chips, Speaker Phone Codec and Sigma-Delta A/D converters. Sandeep has a bachelor’s in electrical engineering from the Indian Institute of Technology in Bombay, India, a M.S. in Electrical Engineering from the University of Evansville in Indiana and a Ph.D. in Electrical Engineering from Lehigh University in Pennsylvania. Sandeep also attended and completed Wharton’s Leadership Development Program at the University of Pennsylvania. Announcement • Apr 29
Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of POET Technologies Inc Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of POET Technologies Inc. between April 1, 2026 and 08:57 AM ET on April 27, 2026, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Poet Technologies investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies’ business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Announcement • Mar 10
POET Technologies Inc. Demonstrates Extraordinary Hybrid Laser and Next-Generation High-Powered Light Sources for AI Applications POET Technologies Inc. announced it plans to perform live demonstrations of its two leading external light source (ELS) products at the annual Optical Fiber Communications (OFC) Conference, which will be held at the Los Angeles Convention Center from March 16-19, 2026. POET’s executive management team and engineers will be meeting customers and industry analysts at the Company’s Booth No. 339 during the exhibition. The products to be demonstrated include: POET Blazar™: A ground-breaking ELS solution, Blazar is a highly integrated hybrid laser that exemplifies the Company’s “semiconductorization of photonics” mission. Designed to power both co-packaged optics (CPO) and high-bandwidth, chip-to-chip, light-based data communications links, Blazar has rapidly advanced since it was first showcased in private meetings at last year’s OFC Conference. POET’s high-power, multi-channel light source is proving to be a viable alternative to traditional DFB laser-based solutions. Wafer-level chip-scale technology significantly lowers the cost of the light source, provides larger scale and better reliability, and increases the effective supply of Indium Phosphide. POET plans to demonstrate the high output power and multi-wavelength capabilities of Blazar. POET Starlgiht™: The next generation of POET’s first ELS solution will be revealed alongside Blazar. The POET Starlight demo will feature a compact engine solution with eight-channel high power lasers at multiple wavelengths. Starlight will be integrated into a working optical engine to show the commercial applicability of the solution to the industry standard ELSFP module. Lightwave Award: In addition, Company representatives will attend a ceremony to accept the recently announced Elite Score award at the Lightwave Innovations Reviews reception, which is scheduled to be held on March 16. POET earned the recognition for POET Teralight™, the Company’s multiple award-winning line of 1.6Tbps transmit and receive optical engines. In February, Lightwave Innovation Reviews announced its judges had given POET Teralight a score of 4.5, one of the highest received among winning entries. The 2026 OFC Conference will feature the Company’s largest booth presence in the history of its attendance. Meetings with current and prospective clients, analysts, media, and institutional investors will take place throughout the duration of the exhibition. Announcement • Jan 24
POET Technologies Inc. has completed a Follow-on Equity Offering in the amount of $150.000006 million. POET Technologies Inc. has completed a Follow-on Equity Offering in the amount of $150.000006 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 20,689,656
Price\Range: $7.25
Discount Per Security: $0.3625
Transaction Features: Registered Direct Offering Announcement • Jan 22
POET Technologies Inc. has filed a Follow-on Equity Offering in the amount of $150.000006 million. POET Technologies Inc. has filed a Follow-on Equity Offering in the amount of $150.000006 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 20,689,656
Price\Range: $7.25
Discount Per Security: $0.3625
Transaction Features: Registered Direct Offering Announcement • Oct 29
POET Technologies Inc. has completed a Follow-on Equity Offering in the amount of $149.999999 million. POET Technologies Inc. has completed a Follow-on Equity Offering in the amount of $149.999999 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 20,689,655
Price\Range: $7.25
Discount Per Security: $0.36
Transaction Features: Registered Direct Offering Announcement • Oct 27
POET Technologies Inc. has filed a Follow-on Equity Offering in the amount of $149.999999 million. POET Technologies Inc. has filed a Follow-on Equity Offering in the amount of $149.999999 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 20,689,655
Price\Range: $7.25
Discount Per Security: $0.36
Transaction Features: Registered Direct Offering Announcement • Oct 08
POET Technologies Inc. announced that it has received $75.000002 million in funding POET Technologies Inc announced that it has completed a non-brokered private placement and entered into a purchase agreement with a single Institutional Investor pursuant to which it issued 13,636,364 common shares at a price of $5.5 and warrants for aggregate gross proceeds of $75,000,002 on October 7, 2025. The warrants have an exercise price of $7 and a maturity date of October 7, 2030. Announcement • Oct 01
POET Technologies and Semtech Launch 1.6T Optical Receivers for AI Networks POET Technologies Inc. announced with Semtech Corporation, the immediate availability for customer sampling of high-performance 1.6T Receiver Optical Engines for AI and cloud networks. The breakthrough optical engine products leverage POET's Optical Interposer™ platform to integrate Semtech’s FiberEdge 200G-per-lane receiver technologies, creating highly integrated, chip-scale receive (Rx) engines that simplify module assembly while improving performance and manufacturability. The state-of-the-art optical engines include DR8 for short-reach AI cluster links and 2×FR4 for longer-reach intra-datacenter connectivity and are available immediately for customer sampling. The collaboration demonstrates how POET's Optical Interposer platform enables seamless integration of high-performance electronic and photonic components with Semtech's tested FiberEdge technology, delivering:N×200G/lane: receive path using Semtech FiberEdge transimpedance amplifiers (TIAs), integrated on POET’s Optical Interposer for compact, chip-scale assembly.Module targets: 1.6T DR8 and 2×FR4 receiver engines for AI cluster and intra-DC links. The 2xFR4 Receiver Optical Engine comes with integrated demultiplexers.Integration advantages: lower power, higher sensitivity, reduced BOM and assembly steps, and improved electrical/optical signal integrity at 200G/lane.Status: now sampling to qualified customers through POET. Evaluation units of the 1.6T DR8 and 1.6T 2×FR4 Receiver Optical Engines are available now for qualified customers. Major Estimate Revision • Sep 08
Consensus revenue estimates fall by 59% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$3.48m to US$1.44m. Forecast losses increased from -US$0.26 to -US$0.32 per share. Semiconductor industry in the US expected to see average net income growth of 24% next year. Consensus price target of US$6.63 unchanged from last update. Share price was steady at US$5.28 over the past week. Announcement • Sep 04
POET Technologies to Showcase Breakthrough Light Source and 1.6T Optical Engines for AI and Cloud Markets at CIOE 2025 POET Technologies Inc. announced that it will be showcasing live demonstrations of its latest optical products at the 2025 China International Optoelectronic Expo (CIOE), taking place September 10-12 at the Shenzhen World Exhibition and Convention Center. At CIOE 2025, POET will highlight two breakthrough demonstrations designed for AI scale-up networks and hyperscale data centers: Groundbreaking light source for Co-Packaged Optics (CPO) and high-bandwidth chip-to-chip communications, the POET BlazarTM, addressing the urgent bandwidth and latency challenges of AI scale-up networks. Blazar utilizes POET's wafer-level chip-scale packaging technology to create a high-power, multi-channel light source as an alternative to traditional DFB laser-based solutions. A line of 1.6T transmit and receive optical engines, called POET TeralightTM, that delivers performance and cost-optimized solutions for high-volume 1.6T pluggable transceivers, enabling scalable, next-generation interconnect solutions for data center and AI infrastructure. CIOE is the largest optoelectronics conference in the world, expecting more than 120,000 attendees from over 30 countries. POET will be stationed at Hall 11, Booth 11A59. Announcement • 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 Announcement • 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 New Risk • Jul 10
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 American stocks, typically moving 11% 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 Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m (US$199k revenue). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$20m net loss next year). Share price has been volatile over the past 3 months (11% average weekly change). Announcement • 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 Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$6.0m net loss in 2 years). Share price has been volatile over the past 3 months (12% average weekly change). Announcement • 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 Price Target Changed • May 16
Price target increased by 11% to US$6.63 Up from US$5.96, the current price target is provided by 1 analyst. New target price is 41% above last closing price of US$4.71. Stock is up 113% over the past year. The company is forecast to post a net loss per share of US$0.26 next year compared to a net loss per share of US$0.94 last year. 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 Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$5.6m net loss in 2 years). Share price has been volatile over the past 3 months (12% average weekly change). 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 the US. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year. Announcement • 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 Announcement • Apr 24
POET Technologies Inc., Annual General Meeting, Jun 20, 2025 POET Technologies Inc., Annual General Meeting, Jun 20, 2025. Announcement • 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. New Risk • Mar 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m (US$120k revenue). Announcement • 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. Announcement • 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. Announcement • 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 Price Target Changed • Nov 22
Price target increased by 7.3% to US$5.96 Up from US$5.55, the current price target is provided by 1 analyst. New target price is 49% above last closing price of US$4.01. Stock is up 199% over the past year. The company is forecast to post a net loss per share of US$0.26 next year compared to a net loss per share of US$0.51 last year. 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). Price Target Changed • Oct 09
Price target decreased by 11% to US$4.94 Down from US$5.55, the current price target is provided by 1 analyst. New target price is 25% above last closing price of US$3.96. Stock is up 31% over the past year. The company is forecast to post a net loss per share of US$0.41 next year compared to a net loss per share of US$0.51 last year. 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. Announcement • 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 (17% 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). Announcement • 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 the US. 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. 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 (22% 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 9.1%. Announcement • 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. Announcement • 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. Announcement • 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. Announcement • Apr 13
POET Technologies Inc., Annual General Meeting, Jun 21, 2024 POET Technologies Inc., Annual General Meeting, Jun 21, 2024. Announcement • 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. Announcement • 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 49% per year, which means it is significantly lagging earnings. Announcement • 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. Announcement • 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 Announcement • 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. Announcement • 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 Price Target Changed • Nov 28
Price target decreased by 40% to US$6.55 Down from US$10.87, the current price target is provided by 1 analyst. New target price is 455% above last closing price of US$1.18. Stock is down 60% over the past year. The company is forecast to post a net loss per share of US$0.50 next year compared to a net loss per share of US$0.57 last year. 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 the US. 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 31% per year, which means it is performing significantly worse than earnings. Announcement • 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 Announcement • 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 American stocks, typically moving 12% 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 (12% 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). Announcement • 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. Price Target Changed • Aug 07
Price target increased by 23% to US$11.00 Up from US$8.94, the current price target is provided by 1 analyst. New target price is 176% above last closing price of US$3.98. Stock is down 8.0% over the past year. The company is forecast to post a net loss per share of US$0.53 next year compared to a net loss per share of US$0.57 last year. Announcement • 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. Announcement • 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. Announcement • 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. Announcement • 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. Announcement • 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. 