Patience and Poet's Inflection Points The PIVOT- was the plan in 2015 to move away from GaAs solutions and stay with what the customers wanted in silicon-photonics and InP solutions. Shareholders gasped, "What silicon-based solutions? We thought Poet was moving away from that?" Well, Suresh knew that GaAS was great but not aligned and due to the 4th pin not compatible. If GaAS was the way to go, Poet surveyed that its prospects would want a complete monolithic solution. That change would require huge investment and industry change-over as I understood that.
First inflection point was the announcement of the development of the Interposer in the lab in 2018.
Between 2018 and now, design were announced and/or collaboraions were made like that with Celestial AI, ADVA, Fibertop, etc.
Second inflection point was the announcement of a design win with Foxconn (FIT) a subsidiary of the 20th largest company in the world. This resulted in more significant institutional buying of Poet.
Now this recent quote from Suresh will lead, in my opinion, to the next inflection point; "We’re developing brand-new architectures and concepts around the interposer that can build multiple lanes of lasers on the interposer with frequency spacings down to 50 gigahertz in an uncooled application, which is unheard of. So these are things that we’re working on now, and more to follow."
We've all been validated by Poet's announcements and successes in 2024 thus far. I think it took Poet a long time to gain traction to stay ahead of impatient, frustratred stock holders that seemed not to understand Poet's roadmap, evolution, and opportunites in parallel with what Suresh knows. But Foxconn now knows! Luxshare now knows and without a doubt both of their customers know and more institutions will know!!! Poet seems to have managed to get beyond what seemed like the pacification of impatient stock holders and ready to make good on all of its past generalized claims, like "up to the right". Still a long way to go, but Poet is getting there as they always knew they had the confidence to reach for the potentialities that are there for them and more, imo. The main point is that if Poet's customers and institutional investors know (understand), then Poet has truly risen above the noise on the financial chat boards and now find themselves in a better place in the eyes of its customers (large corporations), a better place for its shareholders that navigated previous rough waters. It takes a good management to get through that, and it is even harder for a developing public company, in my humble opinion.
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