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 > Cash Burn Rate

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Post by wintersun10on Nov 22, 2023 12:49pm

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Post# 35748705

Cash Burn Rate

The cash burn rate is 1 mln per month.
Expenses are higher but those are non cash costs.

So, 12 mln will get em into 2025. With expected NRE. How hard could it be?

Poet makes the interrnet faster, now if Poet really believed it they would drown in cash. 12 mln is supposed to be nothing.

But here Poet is. Broke. How did that ever happen?

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