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POET Selected by Mentech to Supply Engines for 800G and 1.6T Optical Modules

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POET Technologies Inc. (TSX Venture: PTK; NASDAQ: POET) has announced that Mentech Technology has selected POET's transmit and receive optical engines for use in developing 800G pluggable transceivers. Mentech, a leading supplier of data communications components, has placed initial purchase orders for these engines. The collaboration aims to enhance Mentech's product lineup, particularly in high-speed optical modules for data center networking infrastructure.

Dr. Qian Yinbo, Mentech's CTO, highlighted the importance of POET's optical interposer platform in expanding their capabilities, citing its small form factor and flexibility. POET's Senior VP in Asia, Dr. Mo Jinyu, expressed excitement about the partnership, anticipating the launch of Mentech's 800G and 1.6T modules powered by POET's technology. The development process is expected to take 6-9 months, followed by 3-6 months of customer testing, with Mentech aiming for an early product launch.

POET Technologies Inc. (TSX Venture: PTK; NASDAQ: POET) ha annunciato che Mentech Technology ha selezionato i motori ottici di trasmissione e ricezione di POET per lo sviluppo di transceiver pluggable da 800G. Mentech, fornitore leader di componenti per comunicazioni dati, ha già effettuato ordini di acquisto iniziali per questi motori. La collaborazione mira a potenziare la gamma di prodotti di Mentech, in particolare nei moduli ottici ad alta velocità per l'infrastruttura di rete dei data center.

Il Dr. Qian Yinbo, CTO di Mentech, ha sottolineato l'importanza della piattaforma di interposizione ottica di POET per espandere le loro capacità, citando il suo ridotto ingombro e la flessibilità. Il VP senior di POET in Asia, Dr. Mo Jinyu, ha espresso entusiasmo per la partnership, anticipando il lancio dei moduli 800G e 1.6T di Mentech alimentati dalla tecnologia di POET. Il processo di sviluppo è previsto durare 6-9 mesi, seguito da 3-6 mesi di test con i clienti, con Mentech che punta a un lancio anticipato del prodotto.

POET Technologies Inc. (TSX Venture: PTK; NASDAQ: POET) ha anunciado que Mentech Technology ha seleccionado los motores ópticos de transmisión y recepción de POET para el desarrollo de transceptores plugables de 800G. Mentech, un proveedor líder de componentes de comunicaciones de datos, ha realizado pedidos de compra iniciales para estos motores. La colaboración tiene como objetivo mejorar la línea de productos de Mentech, especialmente en módulos ópticos de alta velocidad para la infraestructura de red de centros de datos.

El Dr. Qian Yinbo, CTO de Mentech, destacó la importancia de la plataforma de interposiciones ópticas de POET para expandir sus capacidades, citando su tamaño compacto y flexibilidad. El VP senior de POET en Asia, Dr. Mo Jinyu, expresó su entusiasmo por la asociación, anticipando el lanzamiento de los módulos de 800G y 1.6T de Mentech impulsados por la tecnología de POET. Se espera que el proceso de desarrollo dure entre 6 y 9 meses, seguido de 3 a 6 meses de pruebas con los clientes, con Mentech apuntando a un lanzamiento anticipado del producto.

POET Technologies Inc. (TSX Venture: PTK; NASDAQ: POET)는 Mentech Technology800G 플러그형 트랜시버 개발을 위해 POET의 송수신 광 엔진을 선택했다고 발표했습니다. 데이터 통신 구성 요소의 선도 공급업체인 Mentech는 이러한 엔진에 대한 초기 구매 주문을 했습니다. 이 협업은 Mentech의 제품 라인업을 강화하는 것을 목표로 하며, 특히 데이터 센터 네트워킹 인프라를 위한 고속 광 모듈에 중점을 두고 있습니다.

Mentech의 CTO인 Dr. Qian Yinbo는 POET의 광 인터포저 플랫폼이 그들의 역량을 확장하는 데 중요하다고 강조하며, 작은 폼 팩터와 유연성을 언급했습니다. POET의 아시아 선임 부사장인 Dr. Mo Jinyu는 파트너십에 대한 기대감을 표명하며, POET의 기술로 구동되는 Mentech의 800G 및 1.6T 모듈 출시를 기대한다고 전했습니다. 개발 과정은 6-9개월이 소요될 것이며, 이후 3-6개월의 고객 테스트가 진행될 예정이며, Mentech는 조기 제품 출시를 목표로 하고 있습니다.

POET Technologies Inc. (TSX Venture: PTK; NASDAQ: POET) a annoncé que Mentech Technology a sélectionné les moteurs optiques d'émission et de réception de POET pour développer des transceivers plugables de 800G. Mentech, un fournisseur de premier plan de composants de communications de données, a passé des commandes d'achat initiales pour ces moteurs. La collaboration vise à améliorer la gamme de produits de Mentech, en particulier dans le domaine des modules optiques haut débit pour l'infrastructure réseau des centres de données.

Dr. Qian Yinbo, CTO de Mentech, a souligné l'importance de la plateforme d'interposeurs optiques de POET pour élargir leurs capacités, en citant son petit format et sa flexibilité. Dr. Mo Jinyu, VP senior de POET en Asie, a exprimé son enthousiasme pour le partenariat, anticipant le lancement des modules 800G et 1.6T de Mentech alimentés par la technologie de POET. Le processus de développement devrait prendre 6 à 9 mois, suivi de 3 à 6 mois de tests clients, Mentech visant un lancement anticipé du produit.

POET Technologies Inc. (TSX Venture: PTK; NASDAQ: POET) hat bekannt gegeben, dass Mentech Technology die optischen Übertragungs- und Empfangsmodule von POET für die Entwicklung von 800G steckbaren Transceivern ausgewählt hat. Mentech, ein führender Anbieter von Komponenten für Datenkommunikation, hat erste Kaufbestellungen für diese Module aufgegeben. Die Zusammenarbeit zielt darauf ab, das Produktportfolio von Mentech zu erweitern, insbesondere im Bereich hochgeschwindigkeitsoptischer Module für die Netzwerkinfrastruktur von Rechenzentren.

Dr. Qian Yinbo, CTO von Mentech, hob die Bedeutung der optischen Interposer-Plattform von POET zur Erweiterung ihrer Fähigkeiten hervor und verwies auf deren kompakte Bauform und Flexibilität. Dr. Mo Jinyu, Senior VP von POET in Asien, äußerte sich begeistert über die Partnerschaft und erwartet die Einführung der 800G- und 1.6T-Module von Mentech, die auf der Technologie von POET basieren. Der Entwicklungsprozess wird voraussichtlich 6-9 Monate in Anspruch nehmen, gefolgt von 3-6 Monaten Kundentests, wobei Mentech einen frühen Produktlaunch anstrebt.

Positive
  • POET secures a major customer in Mentech, a leading global supplier of data communications components
  • Initial purchase orders received for POET's optical engines for 800G pluggable transceivers
  • Potential for POET's technology to be used in future 1.6T optical modules
  • Partnership with Mentech opens access to AI system operators and hyperscale data center markets
  • POET's optical interposer technology recognized for its small form factor and flexibility
Negative
  • Development and testing process may take 9-15 months before product launch
  • Initial orders are for samples and engineering development, not yet large-scale production

Insights

POET Technologies' collaboration with Mentech marks a significant milestone in the company's growth trajectory. This partnership with a global leader in optical products could potentially boost POET's revenue and market presence. The initial purchase orders for 800G optical engines signal strong market demand for high-speed data transmission solutions.

While specific financial figures aren't disclosed, the six to nine-month design cycle followed by three to six months of customer testing suggests that meaningful revenue impact may not be immediate. However, Mentech's expectation of an early product launch is a positive indicator for potential accelerated market entry. Investors should monitor future announcements for production volume estimates and revenue projections.

POET's Optical Interposer technology represents a significant advancement in optical module design. The platform's small form factor and flexibility enable seamless transitions to higher speeds, which is important in the rapidly evolving data center and AI markets. The adoption by Mentech for 800G and 1.6T modules demonstrates the scalability and future-proofing of POET's technology.

The move towards 800G and 1.6T speeds is driven by the increasing demands of AI systems and hyperscale data centers. POET's ability to cater to these high-speed requirements positions them well in the competitive optical component market. The integration of transmit and receive functions in a single engine also suggests potential cost and space efficiencies for end-users, which could drive further adoption.

Global leader in optical products places initial orders to supply AI system operators and hyperscale data centers

TORONTO and SHENZHEN, China, Sept. 10, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, today announced that Mentech Technology (“Mentech”) has selected POET’s transmit and receive optical engines for use in the development of 800G pluggable transceiver and has placed purchase orders for those engines. The sample orders by Mentech are for initial builds and engineering development.

“Our end users expect us to deliver great performing products that allow them to reach their business goals and grow their market share. A key to our progress is having outstanding vendors who can ensure that our entire eco-system remains innovative and cutting edge. Adding POET’s optical interposer platform technology helps us to expand our capabilities. The small form factor and flexibility of POET’s highly integrated optical engines allow us to smoothly transition our products to higher speeds when our customers are ready for us to do so,” said Dr. Qian Yinbo, Mentech’s Chief Technology Officer.

Mentech is one of the world’s largest suppliers of data communications and telecommunications components. Among its existing products are 200G to 800G optical modules that are part of networking infrastructure for data centers.

“Mentech is an industry leader that has achieved its success thanks to its talented and detail-oriented engineering team. POET has worked closely with Mentech to reach this pivotal stage in our relationship, and we look forward to seeing their 800G and 1.6T modules, powered by POET optical engines, out in the marketplace,” says Dr. Mo Jinyu, POET’s senior vice-president and general manager in Asia.

Optical module design efforts usually take six to nine months followed by end customer testing of an additional three to six months. Mentech is expecting an early launch of these new products incorporating POET’s optical engines.

About POET Technologies Inc.
POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET 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. POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com.

About Mentech Technology
Founded in 2008, Mentech Technology (“Mentech”) is a high-tech enterprise integrating R&D, production and sales, specializing in design and mass production. Since 2013, the company has been introducing products in fields such as magnetic components, optical communications, intelligent transportation, charging facilities, photovoltaic power generation and energy storage, and providing customers with device and module-level solutions (including products and ODM and JDM services). Mentech insists on the concept of “Technology first, quality first” and builds a product strategy based on technology reserves centered on cost-effective solutions. Mentech and its subsidiaries have 363 valid patents, including: 63 invention patents, 46 software copyright registration, 33 papers, and 202 trademarks. The company is involved in the drafting and revision of over 60 national standards, industry standards, corporate standards, and technical specifications. Mentech has six production bases in China (Henan, Hubei, Jiangxi and Guangdong), Vietnam and Malaysia, with a manufacturing area of more than 820,000 square feet, with the most advanced automation equipment and management systems. For more information on Mentech, please visit www.mentech.com.

Media Relations Contact:
Adrian Brijbassi
adrian.brijbassi@poet.tech
Company Contact:
Thomas R. Mika, EVP & CFO
tm@poet.tech
  

Forward-Looking Statements
This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations regarding its successful penetration of the Artificial Intelligence hardware markets.

Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the size, future growth and needs of Artificial Intelligence network suppliers, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, financing activities, future growth, recruitment of personnel, reorganization efforts, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to meet performance requirements for AI and datacom networks, lack of sales in its products, lack of sales by its customers to end-users, operational risks in the completion of the Company’s projects, risks affecting the Company’s ability to complete its products, the ability of the Company to generate sales for its products, the ability of its customers to generate sales for products that incorporate the Company’s products, the ability to attract key personnel, the failure of its reorganization efforts and the ability to raise additional capital when needed. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075


FAQ

What is the significance of Mentech selecting POET's optical engines?

Mentech's selection of POET's optical engines for 800G pluggable transceivers is significant as it represents a major customer win for POET Technologies. Mentech is a leading global supplier of data communications components, and this partnership could lead to POET's technology being integrated into high-speed optical modules for data center infrastructure.

When can we expect to see Mentech's products with POET's optical engines in the market?

According to the press release, the optical module design process typically takes 6-9 months, followed by 3-6 months of end customer testing. Mentech is aiming for an early launch, but a realistic timeline would be 9-15 months from September 2024 before these products reach the market.

What advantages does POET's optical interposer technology offer to Mentech?

POET's optical interposer technology offers Mentech a small form factor and flexibility, allowing for smooth transitions to higher speeds in their products. This enables Mentech to expand its capabilities and meet customer demands for higher performance and innovative solutions in data center networking.

How might this partnership affect POET's (NASDAQ: POET) stock performance?

While it's not possible to predict stock performance, this partnership with a major industry player like Mentech could be viewed positively by investors. It demonstrates market validation of POET's technology and potential for future revenue growth, which may positively influence the stock (NASDAQ: POET).

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