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POET Technologies Inc.

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  4. [verwijderd] 9 september 2020 15:18

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    TORONTO, Sept. 09, 2020 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, announced today that it has signed a development and supply agreement with a leading European optical systems company with global operations for a 400G data center application.

    The contract includes a nominal amount of Non-Recurring Engineering (NRE) funding to design optical engines based on the POET Optical Interposer for a 400G application, along with a Purchase Order for initial production units. The design and development stage is expected to extend through March 2021, with production planned for June 2021, consistent with the Company’s recently updated roadmap presented at its shareholder meeting held on August 26, 2020. The customer is a leading provider of optical networking systems for data center and enterprise applications. However, due to confidentiality, the name of the customer and the specifics of the end application cannot be disclosed.

    Also highlighted at the recent shareholder meeting by Dr. Suresh Venkatesan, POET’s Chief Executive Officer, unprecedented levels of demand are driving massive investments in global internet infrastructure. 400G represents the next generation of optical interconnect solutions for data communications, now in the initial stages of adoption by cloud data center operators. Such demand translates directly to fiber and related optical devices, including for optical engines based on the POET Optical Interposer, a platform that integrates diverse components into a single chip-scale device at lower cost and higher performance.

    “The agreement is further evidence of the expanding customer interest in POET’s optical engines and the pace at which our product development is progressing,” said Vivek Rajgarhia, POET’s President & General Manager. “Over the next several months, we expect demand from additional customers will increase further as we continue to demonstrate the full capabilities of the Optical Interposer. Our platform utilizes a novel approach to integrating key electronic, photonic and optical components into a full transmit and receive optical engine, broadly applicable to data center and telecommunications products. We look forward to reporting our progress on a regular basis and announcing additional customer engagements and partnerships as we are able.”

    www.globenewswire.com/news-release/20...

  6. $emi 10 september 2020 03:52

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    H.C. Wainwright 22nd Annual Global #Investment Conference, September 14th & 15th 2020 at 2:30 PM.
    Fireside Chat Presenters: Vivek Rajgarhia, President & General Manager Thomas Mika, Executive Vice President & CFO POET Technologies $PTK #TSXV $POETF #OTCQX
    poet-technologies.com/news/2020-aug-2...
  7. forum rang 10 DeZwarteRidder 10 september 2020 09:54

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    quote:

    $emi schreef op 10 september 2020 03:52:

    H.C. Wainwright 22nd Annual Global #Investment Conference, September 14th & 15th 2020 at 2:30 PM.
    Fireside Chat Presenters: Vivek Rajgarhia, President & General Manager Thomas Mika, Executive Vice President & CFO POET Technologies $PTK #TSXV $POETF #OTCQX
    poet-technologies.com/news/2020-aug-2...
    Waar is de oorspronkelijke uitvinding van Poet gebleven....???

    Hun nieuwe optische galliumchips zouden de wereld gaan veranderen.........
  8. forum rang 10 DeZwarteRidder 10 september 2020 10:00

    • DeZwarteRidder

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    Dit FLUT-bedrijf heeft in totaal al ca 142 miljoen verlies geleden en heeft nog steeds NIHIL omzet.

    Binnen ca 1 jaar is al het geld op en komt er weer een nieuwe emissie.
  9. $emi 12 september 2020 00:03

    • $emi

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    Listen to one of the presentations, ol' GaAs was addressed, VCSEL's are still possible, if needed.
    Not on the roadmap for now, but perhaps later on it may come to pass. The Optical interconnect - Data centers and network infrastructure need to be adjusted worldwide in the next decade to implement 5G, or by then even 6G. Either way The Optical Interposer, Receive & Transmit Transceivers, Optical Engines and other components will be in hot demand, no matter how you try to badmouth it down. People see right thru it man, give it a rest will ya?!

    Revenue projections are on target for summer next year, with NRE to specific projects in the meantime, to build those products, to be precise. With NRE in combination with Warrant conversion between now and then the company should be able to operate itself to a more heavier increasing revenue stream! One European contract in our pocket, a deal with Sanan is imminent (Asia region) and a Tier-1 USA Telecom operator following suit, so you won't catch any flies with vinegar son...

    Open your eyes and see... you gotta be in it to win it, good luck!
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