POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.

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POET Technologies Ord Shs

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Comment by rhumpon Apr 01, 2012 12:47pm

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Post# 19744960

RE: cancelled

YES,,,,,,,,,,,,,Kodiak Capital agreement was cancelled because it was "very dilutive and destructive to shareholders" as you said,,, BUT they did pick up a LOC for $ 5 Million US from Silicon Valley Bank out of Massachusetts.

https://opelinc.com/news/wp-content/uploads/2011/11/NR-28Nov11-SVB.pdf

Q4+2011 FY and the Q1-2012 should reveal the direction of their revenues. AND,,,,,,,as Fairchilj alluded to, we are still waiting on the SBIR announcement for $750K.

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