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 > New Press Release - POET Technologies Announces US$25 Million Offering Priced at a Premium to Market

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Comment by lscfaon Dec 12, 2024 2:37pm

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Post# 36359523

RE:New Press Release - POET Technologies Announces US$25 Million Offering Priced at a Premium to Market

Not transparent. Another equity raise for "working capital" should be more detailed. Are the additional funds required because customers are signalling larger orders than originally thought. $68M w/c and 40% gross margins => $113M in revenues.

	Working capital
Sept 30	40,000,000
Nov pp	25,000,000
Dec pp	25,000,000
Malaysia equip	(7,000,000)
Q4 24 overhead	(3,000,000)
2025 overhead	(12,000,000)
Balance	68,000,000