IR dept needs to share the blameLousy communication misleads investors. For example, the deal with Celestial AI. The initial announcement did not mention that optical engine speeds of 1.6T would be required so the mention of a purchase order was premature. Then subsequent announcements of advances in 1.6T devices did not make it clear just what the hell Celestsil AI required. I suspect Celestial AI is delaying a purchase order until Poet stops iterating the design like the latest 200g per lane technology.
Feb 10, 2022 - agreement with Celestial AI
"The agreement includes a contract for continued platform development, along with a purchase order for initial quantities of the advanced modules."
[No mention of the speed of optical engines required.]
Oct 27, 2022 - 1.6T optical engines announced
Mar 2, 2023 - 1.6T pluggable transceivers announced
April 25, 2023 - announces Starlight, a packaged light source for AI
Aug 15, 2023 - announced 1.6T transceivers and beyond using 200G per lane technology