POET Technologies Ord Shs V.PTK

New Press Release - POET's JV, Super Photonics Xiamen, Expands Production Capacity to Support Customer Demand

TORONTO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center, telecommunication and artificial intelligence...read article.

[ark88]

Talk about digging yourself a bigger hole. When the market wants certainty, they deliver fluff. Really surprised at this level of amateurism, even for Suresh and Tom.

[maestrodrumboe]

Whole bunch of Nothing,,Seems like they are kicking the can down the road into 2024..just more uncertainty as they have nothing positive to announce, HOW MUCH ARE THESE ORDERS??? When do they expect to be in a position to Ship and how Much$$$$ “SPX has received purchase orders from customers, and we are excited about the strong demand for the POET engines in 2024 and beyond. Our team has placed

[maestrodrumboe]

Get ready for another haircut fo the SP today..lol

[spygate]

'anticipated customer demand for 2024 and beyond' - so in other words, still have no sales to report...could be another ugly day

[maestrodrumboe]

Yes,2024 and beyond,with the emphasis on Beyond..usual POET dust balls.. always "anticipating"  Big stuff coming our way,but they just don't have the Sales yet..in other words ""Coming SOON""LMSO  

[ark88]

What did I say? 2024-2025 is the pivotal moment for POET.

[maestrodrumboe]

Just need to reset your alarm clock ,from 4th Q 2023, to 2024 and beyond.I  just did just  did so on my smart watch..LMAO

[pennyflipping]

I wonder if pumpers can set their cuckoo clocks alarm that far off.

[lscfa]

Begs the question - what the hell is the capacity of the plant?

[wintersun10]

Highlight of the Poet NR: “Our team is working to improve production efficiencies that will expand capacity well beyond what the equipment itself will provide.” Lost in translation i guess. Another delay announcement. So, you can safely forget about orders in Q4, just like in 2022. In Dec 2023 they will fire off a NR promising that they will be able to ship 10x the production capacity, but this

[wintersun10]

Your target market can be Trillions, but if your market share is ZERO, your sales will be ZERO. As in ZERO % of Trillions. Come on Poet, the NA Tier1 taught us only shipped orders count. Fizzle, fizzle. Where is the sizzle?

[maestrodrumboe]

Sounds like they are adding another couple of machines. Oh well,at least they keep reminding us  of the anticipated market potential expected @ 12 BILLION  by 2028.butt they don't seem to have even a rough clue as to how much of the pie Poet is expected to get  Moving right along...LOL The ethernet transceiver market for the products that SPX and POET expect to be in