POET

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

Retrieved on: 
Wednesday, April 3, 2024

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

Retrieved on: 
Wednesday, March 27, 2024

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

Retrieved on: 
Tuesday, March 26, 2024

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.

Key Points: 
  • 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

Retrieved on: 
Monday, March 25, 2024

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.

POET Technologies Announces Intention to Amend Warrant Terms

Retrieved on: 
Friday, March 22, 2024

Each Warrant is currently exercisable by the holder thereof to acquire one common share of the Corporation (each, a "Common Share") at an exercise price of C$4.95 (US$3.61) per Common Share until December 2, 2025.

Key Points: 
  • Each Warrant is currently exercisable by the holder thereof to acquire one common share of the Corporation (each, a "Common Share") at an exercise price of C$4.95 (US$3.61) per Common Share until December 2, 2025.
  • In accordance with the terms of the Warrants and the policies of the Exchange, the Corporation must obtain the consent of all holders of Warrants in order to give effect to the Amendments.
  • Upon the Amendments becoming effective, each Warrant will be exercisable until 5:00 p.m. (Toronto time) on December 2, 2025, at an exercise price of C$1.80 (US$1.33) per Common Share.
  • The amended warrant terms remain subject to the final acceptance of the Exchange.

POET to Demo AI Hardware Products for 800G and Beyond at OFC 2024

Retrieved on: 
Thursday, March 21, 2024

The products that POET is scheduled to demonstrate include:

Key Points: 
  • 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.
  • “We expect the products we showcase at OFC will vault POET to the top of the conversation for AI networking leaders who need more speed, lower cost, and improved power efficiency.

POET Technologies Reports Fourth Quarter 2023 Financial Results

Retrieved on: 
Friday, March 15, 2024

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its audited consolidated financial results for the fourth quarter ended December 31, 2023.

Key Points: 
  • TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its audited consolidated financial results for the fourth quarter ended December 31, 2023.
  • The Company had non-cash finance costs of $14,000 in the fourth quarter of 2023 compared to non-cash finance costs of $12,000 in the fourth quarter of 2022 and non-cash costs of $18,000 in the third quarter of 2023.
  • The Company’s share of loss is approximately 76.1% of the loss of Super Photonics in the fourth quarter of 2023, 80.7% in the fourth quarter of 2022 and 78.4% in the third quarter of 2023.
  • Cash flow from operating activities in the fourth quarter of 2023 was ($2.9) million compared to ($2.7) million in the fourth quarter of 2022 and ($4.1) million in the third quarter of 2023.

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

Retrieved on: 
Thursday, March 14, 2024

SAN DIEGO, March 14, 2024 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • The company collaborates with industry leaders like MACOM, POET, Spirent, and Keysight to drive innovation and development in optical interconnect technologies.
  • 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 join forces with industry leaders like MACOM, POET, Spirent, and Keysight to showcase the latest advancements in optical interconnect technologies.
  • We look forward to welcoming you to booth #3044 to explore the bright future of optical interconnects together!

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

Retrieved on: 
Wednesday, March 13, 2024

SAN DIEGO, March 12, 2024 /PRNewswire/ -- 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.

Key Points: 
  • The company collaborates with industry leaders like MACOM, POET, Spirent, and Keysight to drive innovation and development in optical interconnect technologies.
  • 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 join forces with industry leaders like MACOM, POET, Spirent, and Keysight to showcase the latest advancements in optical interconnect technologies.
  • We look forward to welcoming you to booth #3044 to explore the bright future of optical interconnects together!

POET and Summit Carbon Solutions Announce Carbon Capture Partnership

Retrieved on: 
Monday, January 29, 2024

AMES AND SIOUX FALLS, Jan. 29, 2024 (GLOBE NEWSWIRE) -- In a major step forward for the future of agriculture and biofuels, POET and Summit Carbon Solutions (Summit) announced a groundbreaking partnership connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project.

Key Points: 
  • AMES AND SIOUX FALLS, Jan. 29, 2024 (GLOBE NEWSWIRE) -- In a major step forward for the future of agriculture and biofuels, POET and Summit Carbon Solutions (Summit) announced a groundbreaking partnership connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project.
  • The partnership strategically expands the carbon opportunity across the Midwest by incorporating POET’s 12 facilities in Iowa and five facilities in South Dakota into the Summit project.
  • “POET is excited to partner with Summit Carbon Solutions on this historic project,” said Jeff Broin, POET Founder and CEO.
  • “As the world seeks low-carbon energy solutions, carbon capture ensures that ag-based biofuels will remain competitive for decades to come.