POET | Jotup

Biofuels Market size is set to grow by USD 26.6 billion from 2024-2028, Increased adoption of renewable sources of energy to boost the market growth, Technavio

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金曜日, 6月 14, 2024

The biofuels market is experiencing significant growth due to the advancement of third-generation biofuels derived from algae.

Key Points:

The biofuels market is experiencing significant growth due to the advancement of third-generation biofuels derived from algae.
The shift towards non-food feedstocks like algae is driving market growth by improving fuel performance and reducing reliance on traditional food-related feedstocks.
The biofuels market is experiencing significant growth, with various types of biofuels such as biodiesel and fuel ethanol in high demand.
The market also faces competition from traditional fossil fuels, making it essential to find cost-effective and sustainable solutions for biofuel production.

Poet Technologies Announces the Amendment and Acceleration of Warrants

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木曜日, 5月 30, 2024

Warrant, Exchange, News, Die (integrated circuit), Indian stock exchange, Programmable interrupt controller, Calendar, PTK, POET, Acceleration, TSX Venture Exchange, Security (finance)

The Amended Warrants are now exercisable to acquire one common share of the Corporation (each, a "Common Share") at an exercise price of C$1.80 per Common Share.

Key Points:

The Amended Warrants are now exercisable to acquire one common share of the Corporation (each, a "Common Share") at an exercise price of C$1.80 per Common Share.
In addition, as required by the policies of the Exchange, an acceleration clause was also added to the Amended Warrants such that, if for any 10 consecutive trading days during the unexpired term of the Amended Warrants, the closing price of the Common Shares on the Exchange is equal to or greater than C$2.16, the expiry date will be accelerated to 30 calendar days (the "Warrant Acceleration").
As of the close of markets on May 29, 2024, the closing price of the Common Shares on the Exchange has exceeded C$2.16 per Common Share for at least 10 consecutive trading days.
In accordance with the approval of the Exchange for the Amended Warrants, the expiry date of all unexercised Amended Warrants has been accelerated such that all Amended Warrants will expire at 5:00 p.m. (Toronto time) on June 28, 2024 (being 30 calendar day following the triggering of the Warrant Acceleration).

POET Technologies Reports First Quarter 2024 Financial Results

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水曜日, 5月 15, 2024

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its unaudited condensed consolidated financial results as of and for the three months ended March 31, 2024.

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TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its unaudited condensed consolidated financial results as of and for the three months ended March 31, 2024.
Non-cash expenses in the first quarter of 2024 included stock-based compensation of $0.9 million and depreciation and amortization of $0.5 million.
Cash flow from operating activities in the first quarter of 2024 was ($4.6) million, compared to ($3.6) million in the first quarter of 2023 and ($2.9) million in the fourth quarter of 2023.
These non-IFRS financial performance measures are included because management has used the information to analyze the business performance and financial position of POET.

Invizyne Technologies Expands Leadership Team Ahead of Proposed Offering and Listing on Nasdaq

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火曜日, 5月 7, 2024

Sale, Prospectus, Executive, IP, MDB, Verenium Corporation, AI, BASF, Business development, QIAGEN, Business, Life, CLC, Form, IPO, DNA, Science, Synthetic biology, SABS, QGEN, Electronics, POET, Person, Energy, Management

MONROVIA, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Invizyne Technologies, Inc., a leading designer of cell-free, enzyme-based biomanufacturing systems to produce commercially important molecules and chemicals for everyday life, today announced the appointment of Michael Heltzen as CEO, and the recent hirings of additional seasoned industry executives for its leadership team.

Key Points:

He also currently serves as Chairman of the Board for EXO Incubator Inc. (private) and BlueSEQ Innovations Inc. (private).
"Invizyne’s SimplePathTM platform represents the first biomanufacturing technology that I have come across that overcomes the issues of other cell-based synthetic biology approaches,” said Michael Helzten, CEO of Invizyne.
The offering will be for 4,300,000 shares of common stock at a price per share of $4.00, for gross proceeds of $17.2 million.
Invizyne has applied to list its common shares on The Nasdaq Stock Market under the ticker symbol "IZTC."

Invizyne Technologies Expands Leadership Team Ahead of Proposed Offering and Listing on Nasdaq

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火曜日, 5月 7, 2024

Sale, Prospectus, Executive, IP, MDB, Verenium Corporation, AI, BASF, Energy transition, Business development, QIAGEN, Business, Life, CLC, Form, IPO, DNA, Science, Synthetic biology, SABS, QGEN, Electronics, POET, Person, Energy, Management

He also currently serves as Chairman of the Board for EXO Incubator Inc. (private) and BlueSEQ Innovations Inc. (private).

Key Points:

He also currently serves as Chairman of the Board for EXO Incubator Inc. (private) and BlueSEQ Innovations Inc. (private).
“By using cell-free enzyme systems to produce biochemicals, we believe Invizyne can also significantly create new useful drugs and chemicals that can be commercially produced at competitive prices.
The offering will be for 4,300,000 shares of common stock at a price per share of $4.00, for gross proceeds of $17.2 million.
Invizyne has applied to list its common shares on The Nasdaq Stock Market under the ticker symbol "IZTC."

POET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional Investor

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金曜日, 5月 3, 2024

WIRE, Sale, NOT, Programmable interrupt controller, PTK, AI, TMX Group, NEWS, TSX, CAD, Die (integrated circuit), POET

TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, today announced the closing of its previously announced offering (the “Offering”) which was taken up entirely by a single institutional investor of CAD$10 million. No brokers or finders were engaged in this transaction.

Key Points:

No brokers or finders were engaged in this transaction.
The Offering was conducted under the Canadian listed issuer financing exemption (LIFE) program.
Each warrant has an exercise price of CAD$4.26 per common share and is exercisable for five years from today’s closing date.
Use of proceeds of this financing is for general working capital purposes aimed at supporting this significant growth phase for the Company.

POET to Present at the AI & Technology Hybrid Investor Conference Presented by Water Tower Research on April 10

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水曜日, 4月 3, 2024

Optics, Conference, Communication, TMX Group, AI, Die (integrated circuit), POET, Programmable interrupt controller, PTK

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for data center, telecommunication and AI markets today announced that Dr. Suresh Venkatesan, Chairman & CEO, will present live at the AI & Technology Hybrid Investor Conference presented by Water Tower Research and hosted by VirtualInvestorConferences.com, on April 10, 2024.

Key Points:

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for data center, telecommunication and AI markets today announced that Dr. Suresh Venkatesan, Chairman & CEO, will present live at the AI & Technology Hybrid Investor Conference presented by Water Tower Research and hosted by VirtualInvestorConferences.com, on April 10, 2024.
This will be a live, interactive online event where investors are invited to ask the Company questions in real time.
POET announced the immediate availability of Wavelight™, the Company’s debut entry into the 800G Optical Module market targeted at AI cluster and data center operators.
Also at OFC, POET demonstrated Starlight™, an 8-channel packaged light source powering chip-to-chip communication in AI clusters and next generation cloud data center networks.

POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks

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水曜日, 3月 27, 2024

IO, DSP, SAN, LPO, TMX Group, AI, Die (integrated circuit), POET, Programmable interrupt controller, Product management, PTK, Video game

POET and MultiLane will focus on jointly developing pluggable transceivers that will reduce cost and improve power efficiency over existing solutions, and address the increasing need for more scalable hardware components for AI and cloud data center markets.

Key Points:

POET and MultiLane will focus on jointly developing pluggable transceivers that will reduce cost and improve power efficiency over existing solutions, and address the increasing need for more scalable hardware components for AI and cloud data center markets.
“Our intent with this collaboration is to design cost-optimized 800G modules that offer superior performance with both the DSP integrated version as well as Linear Pluggable Optics (LPO) variants.
We also want to kick start our designs for 1.6T and 3.2T pluggable transceivers for the most advanced data center and AI network operators,” said Raju Kankipati, POET’s SVP of Product Management.
“We have to plan and develop ahead of market demand and be ready when customers are ready to test these higher speeds.

POET Enters Optical Module Market with 800G Transceiver for Artificial Intelligence Networks

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火曜日, 3月 26, 2024

OSFP, Optics, GM, Intelligence, SAN, Meta, TMX Group, AI, Die (integrated circuit), POET, Senior, AWS, Wavelight, SPX, Programmable interrupt controller, Product management, CWDM, PTK, Silicon

TORONTO and SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center, telecommunication and AI markets, today announced its first entry into the optical module market for artificial intelligence and cloud data center markets with an 800G pluggable transceiver.

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TORONTO and SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center, telecommunication and AI markets, today 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.

Luxshare-TECH Preview for OFC 2024: Collaborating with Ecosystem Partners to Explore Cutting-Edge Technologies

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月曜日, 3月 25, 2024

MACOM Technology Solutions, Communication, Intelligence, Partnership, Risk, Research, AOC, Die (integrated circuit), POET, Interface, Data center, PIC, Luxshare, Lidar, Keysight, Printed circuit board

The company collaborates with industry leaders like Keysight, MACOM, POET, and Spirent to drive innovation and development in optical interconnect technologies.

Key Points:

The company collaborates with industry leaders like Keysight, MACOM, POET, and Spirent to drive innovation and development in optical interconnect technologies.
The rise of artificial intelligence and big data has fueled the widespread adoption of optical interconnect technologies in data centers and communication networks.
As a leading player in the optical communications industry, Luxshare-TECH actively collaborates with industry ecosystem partners to jointly research, develop, and deliver cutting-edge technologies and products.
At the upcoming OFC 2024, Luxshare-TECH will partner with industry leaders like Keysight Technologies, MACOM Technology Solutions, Inc., POET Technologies and Spirent Communications to showcase the latest advancements in optical interconnect technologies.