RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Banned againWhy has there not been any NRE yet. I think the most logical reason is that they have not received an offer which they deem has high enough value at this stage of development. In other words they want top dollar for POET verticals and the only way to get top dollar is by completing prototypes. Pretty straight forward I think…but who really knows how badly someone wants to use POET. In terms of military applications that side moves really slowly as we all know.
Among the milestones Poet reported achieving since its previous corporate update on Sept. 30, 2015, are the following: - Poet has transferred its proprietary technology to multiple foundry partners.
- Poet has received promising initial results of wafers processed at its newest foundry supplier, Wavetek, using Poet's proprietary technology. The agreement with pure-play foundry services leader Wavetek, announced last month, addresses all of Poet's current manufacturing requirements (including vertical cavity surface emitting lasers) in Poet's continuing commercialization initiative.
- Poet has initiated a process to produce integrated VCSEL prototypes, which the company expects to demonstrate in the second quarter of 2016.
- Poet has completed -- nearly a full quarter ahead of plan -- the consolidation of its Toronto-Connecticut-San Jose operations in Silicon Valley.
- Poet has accelerated its evaluation of an expanded product roadmap to include display and sensing technology to take advantage of what the company believes are increasing market needs for integrated photonics.
- Poet has received specific interest in applications from prospective customers and is in advanced discussions to license, for non-recurring engineering fees, and transfer its proprietary integrated planar opto-electronic technology. Included in the talks is the proposed establishment of a platform for the development of integrated sensing applications.
- Poet is in advanced discussions with a leading institution to enter into a joint development agreement that will evaluate the adaptation of the Poet platform for potential applications in microdisplays for the burgeoning augmented reality market.