POET Technologies (TSX-V:PTK, StockForum), a Toronto-based firm engaged in the development of the POET platform technology for monolithic fabrication of integrated circuit devices containing both electronic and optical elements on a single wafer, announced the availability of the POET Technology Design Kit (POET/TDK) documentation to the industry.
According to the news release, “POET/TDK provides complete documentation for the entire catalog of active electronic and electro-optical devices currently supported by the POET process. It comprises a comprehensive device parameter library, and enables potential customers and partners - including semiconductor foundries and device and library developers - to implement the POET process.”
The aforementioned kit is also expected to assist licensed designs in a POET device ecosystem to propagate and help current complementary metal-oxide semiconductor (CMOS) library functions optimize migration time to POET designs.
Company Executive Chairman and interim CEO, Peter Copetti, commented on the milestone, “Completion of the POET/TDK marks a critical step towards commercialization and monetization of the Company's intellectual property. We're extremely excited to be able to showcase our game-changing technology to potential customers and partners in a context specific to their own manufacturing framework.”
He went on to add, “It's remarkable that the completion of the TDK and the TCAD work with our tools partner was achieved by our team - Dr. Geoff Taylor, Lee Shepherd and the POET team at the University of Connecticut - in parallel with significant strides in our 100-nm milestone, and research on the possibility of POET-based quantum computing devices.”
Then he finally concluded, “We've set challenging milestones for ourselves, and expect to continue to meet these challenges in our drive towards our 'Powered by POET' vision.”
POET was in the news recently when the company announced its annual general meeting three days ago.
Shares climbed 5.41% on the news to $1.56 per share.
Currently there are 148.3m outstanding shares with a market cap of $231.4 million.