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POET Technologies Ord Shs V.PTK

Alternate Symbol(s):  POET

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.


TSXV:PTK - Post by User

Comment by ark88on Nov 14, 2023 7:09pm
115 Views
Post# 35735711

RE:New Press Release - POET Technologies Reports Third Quarter 2023 Financial Results

RE:New Press Release - POET Technologies Reports Third Quarter 2023 Financial ResultsHere's the beef:

2024 should set the stage for what we expect will be accelerated growth in 2025 and 2026, driven by a large projected demand in high-speed transceivers for AI, combined with our innovative product introduction roadmap."

This means serious capex thru 2024....then "expect" growth in 2025 and 2026. 

Meanwhile, at the ranch these boys took $1.3mil in stock based compensation for the quarter. Seriously?
What planet are these guys on?
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