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Poet Technologies Inc - POET STOCK NEWS

Welcome to our dedicated page for Poet Technologies news (Ticker: POET), a resource for investors and traders seeking the latest updates and insights on Poet Technologies stock.

POET Technologies Inc (POET) drives innovation in photonic integration through its patented Optical Interposer Platform, enabling advanced optical engines for AI systems and hyperscale data centers. This page provides official updates on technological milestones, financial developments, and strategic initiatives shaping the company's position in high-speed optical solutions.

Access curated press releases and news covering product launches, partnership announcements, and financial results. Investors will find essential updates on POET's progress in addressing integration challenges for data communication and computing applications, while analysts gain insights into market expansion within telecommunications and sensing technologies.

Key content includes earnings reports, intellectual property developments, and manufacturing advancements related to wafer-level semiconductor integration. Bookmark this page for real-time updates on POET's role in advancing optical interposer applications across global tech ecosystems.

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POET Technologies (TSX: PTK; NASDAQ: POET) has announced increased customer engagement following demonstrations of its POET Teralight™ 1.6T optical engines at the 2025 OFC Conference in San Francisco. The company showcased breakthrough performance in partnership with Mitsubishi Electric's 400G EML lasers.

The company also introduced POET Blazar™, a revolutionary external light source designed to significantly reduce costs in AI connectivity. According to CEO Dr. Suresh Venkatesan, Blazar represents a new class of laser that could transform AI connectivity economics through improved cost efficiency, scalability, and manufacturing capabilities.

The solution is particularly targeted at co-packaged optics applications and chip-to-chip light-based connectivity in AI clusters. The company's Chief Revenue Officer, Raju Kankipati, indicated strong post-conference customer engagement and projected substantial revenue growth for 2026.

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POET Technologies (TSX: PTK; NASDAQ: POET) has announced a strategic partnership with South Korea's Lessengers to develop 800G DR8 transceivers for AI and hyperscale data center applications. The collaboration combines POET's Infinity™ transmit and receive optical engines with Lessengers' Direct Optical Wiring (DOW) technology to create a cost-effective solution.

Under the partnership, POET will provide highly integrated optical engines configured in an 800G DR8 architecture, incorporating both electronic and photonic components. Lessengers plans to have transceiver samples available for customer review in the second half of 2025.

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POET Technologies (TSX: PTK; NASDAQ: POET) has received the Elite Score award from Lightwave+BTR Innovation Reviews for its Optical Interposer™ technology at the OFC Conference in San Francisco. The award recognizes the innovative advancement in optical communications and broadband technology.

The company is showcasing its latest innovations, including POET Teralight™, a line of 1.6T integrated transmit and receive optical engines, and POET Blazar™, an advanced light source solution. Notably, Adtran is demonstrating its Quattro 100G LR4 module featuring POET's optical engines in its private demo room.

POET's silicon-based optical engines and light sources are designed to enhance AI hardware applications and data center hyperscalers' speed and performance. The company's exhibition continues at OFC Booth #5315 through April 3, 2025.

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POET Technologies reported its Q4 2024 financial results, highlighting strategic positioning for accelerated growth in AI and data center markets. The company raised US$25 million through a registered direct offering, bringing total 2024 equity capital to $82.2 million. Key developments include acquiring full control of Super Photonics Xiamen for $6.5 million and establishing a major manufacturing facility in Malaysia with Globetronics.

Financial highlights show Q4 2024 revenue of $29,032, down from $107,551 in Q4 2023. The company reported a net loss of $30.2 million ($0.48 per share) compared to $5.5 million ($0.13 per share) in Q4 2023. R&D costs increased to $3.4 million from $2.1 million year-over-year.

The company plans to voluntarily delist from TSX Venture Exchange following an expected US$25M financing closure with L5 Capital. POET aims for significant revenue acceleration in second half of 2025, supported by partnerships with LuxshareTech, Foxconn, and Mitsubishi Electric.

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POET Technologies (TSX: PTK; NASDAQ: POET) announced plans to showcase its latest innovations at the Optical Fiber Communications (OFC) Conference in San Francisco from April 1-3, 2025. The company will demonstrate two major products:

1. POET Blazar™: An invitation-only demonstration of a groundbreaking light source solution for AI applications, utilizing wafer-level chip-scale packaging technology to create a high-power, multi-channel light source that promises cost reduction and better reliability.

2. POET Teralight™ 1.6T Optical Engine: Developed in partnership with Mitsubishi Electric, this highly integrated transmit and receive optical engine features a complete optical system-on-chip architecture. It uniquely uses four externally modulated laser chips instead of eight for 1.6T transceivers.

Additionally, leading module customers including LuxshareTech and Adtran will showcase modules incorporating POET's optical engines at the conference.

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POET Technologies (TSX: PTK; NASDAQ: POET) has successfully delivered samples of its advanced optical transmit engines to three global technology leaders. The shipments include final design samples of the POET Infinity transmit product line for 400G and 800G applications, featuring 400G FR4, 800G 2xFR4, and 800G DR8 transmit formats, manufactured at their Malaysia facility.

The FR4 optical engines, which include multiplexer capability, can be paired with POET receiver engines for integrated pluggable transceivers. Customers are developing pluggable transceivers using two-chip solutions for 400G and three-chip solutions for 800G. With receive optical engines already qualified, these transmit engine samples enable module completion for customer qualification, with production orders anticipated in H2 2025.

According to LightCounting research, demand for these three module types is projected at 20 million units annually over the next 5 years.

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POET Technologies (TSX: PTK; NASDAQ: POET) has received the prestigious Lightwave+BTR Innovation Reviews Elite Score award for its Optical Interposer™ technology in the Optical Transceiver and Transponder category. This marks the company's fourth major award in less than a year, following recognitions for AI Breakthrough Award, Global Tech's Best in Artificial Intelligence, and Merit Awards' AI Innovator of the Year.

The award, to be presented at the 2025 OFC Conference in San Francisco (March 31-April 3), recognizes POET's innovation in developing integrated optical engines and light sources for AI networks. The judges evaluated entries based on originality, innovation, customer impact, requirement fulfillment, approach novelty, and cost-effectiveness.

According to CEO Dr. Suresh Venkatesan, the technology is gaining industry attention due to its cost savings, power efficiency, and superior performance capabilities as the industry progresses toward 1.6Tbps speeds and beyond.

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POET Technologies has issued its '2025 Outlook' highlighting its position in AI infrastructure hardware. The company is focusing on developing optical engines for high-speed transceivers, targeting speeds of 800Gbps, 1.6Tbps, and 3.2Tbps to meet explosive AI demand. Key developments include:

- Securing over $110 million in cash, including a pending $25 million public offering
- Acquiring control of Super Photonics Xiamen (SPX)
- Establishing manufacturing partnership with Globetronics in Malaysia
- Working with major customers like Foxconn Interconnect Technologies and Luxshare Tech

The company plans to showcase its most advanced optical engine, including a production-ready 1.6Tbps transmit optical engine, at the upcoming OFC Conference. Market forecasts predict optical transceiver sales to grow at 56.5% annually, reaching 31.9 million units of 400Gbps or greater speeds in 2025.

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POET Technologies (TSX Venture: PTK; NASDAQ: POET) has signed an agreement to develop a novel optical engine for high-frequency trading (HFT) operations with a global capital markets firm. The multi-phase project aims to increase speed and reduce latency in current transceiver solutions used in securities trading.

The first phase involves designing POET Optical Interposer-based transceiver engine prototypes to meet customer specifications, followed by additional prototypes and potential production of customized optical engines. The project will generate revenue for POET in 2025 and demonstrates the company's expansion into a new market segment.

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POET Technologies has completed its acquisition of Super Photonics Xiamen (SPX), gaining 100% ownership by purchasing the remaining 24.8% equity from Sanan for US$6.5 million, payable over 5 years starting October 31, 2025. The deal includes an option for Sanan to convert payments into POET common shares. Additionally, POET acquired SPX's production equipment for US$3.8 million, payable in four quarterly installments.

The acquisition strengthens POET's 'China Plus One' strategy and complements its recent manufacturing agreement with Globetronics in Malaysia. The combined facilities will have capacity exceeding one million optical engines annually for 800G and higher speed transceivers needed in AI clusters. POET will maintain SPX's assembly operations in Sanan's cleanrooms while considering future location options.

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