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 fairchijon Nov 27, 2012 4:26pm

218 Views

Post# 20651300

RE: RE: what is you do no hear!!!!!!!1

When they closed the additional financing this statement was made

The company continues to aggressively work to reduce its expenses and debt in support of our strategic decision to divest the solar division to focus on our core business which is ODIS Inc. and the Poet technology. The proceeds of this financing will be used for these initiatives and the development of Poet.

Following this they paid off TCA hired Lee Sheppard closed the corporate office and move to the Lab. They redirected funds to support POET.

Just what they said they would do.

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