POET Technologies Announces Sample Availability of “POET Infinity” and Testing with Two Lead Customers
14 Juni 2023 - 1:00PM
POET Technologies Inc. (“POET” or the “Company”) (TSXV: 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 markets,
today announced alpha sample readiness of “POET Infinity™”, a
chiplet-based transmitter platform for 400G, 800G and 1.6T
pluggable transceivers and co-packaged optics solutions. Two lead
customers have agreed to partner with POET to test the alpha
version of the Infinity chiplet.
The POET Infinity chiplet complements the POET
800G 2xFR4 Receiver optical engine that the Company announced in
February 2023, and completes the 800G chipset for 2xFR4 QSFP-DD or
OSFP applications with two Infinity chiplets and one Receiver
optical engine. Both customers intend to develop 800G 2xFR4 QSFP-DD
and OSFP transceiver solutions using the POET Optical Engine
chipsets.
The Infinity chiplet is the industry’s first
implementation of directly modulated lasers (DMLs) for 100G/lane
applications. DMLs are power efficient, cost effective and become a
highly scalable solution when paired with the POET Optical
Interposer™ platform. The chiplet incorporates 100G PAM4 DMLs, DML
Drivers and an integrated optical multiplexer for a complete
400GBASE-FR4 transmitter solution on a chip. The small size of the
chiplet and a daisy-chain architecture enables side-by-side
placement of multiple instances to achieve 800G and 1.6T
speeds.
The POET Infinity product line carries forward
the POET differentiation of all passive alignments and
monolithically integrated waveguides, multiplexers and
demultiplexers, which translates to lower cost, lower power
consumption and ease-of-assembly benefits for customers.
“The availability of a transmitter solution for
400G, 800G and 1.6T speeds that is power efficient, cost effective
and highly scalable for the data center market is a major
achievement,” said Dr. Suresh Venkatesan, Chairman & CEO of
POET. “Our customers are excited to receive the samples and test
them because it simplifies their transceiver design significantly
and shortens the design cycle with POET optical engines that
incorporate all of the required optical elements as well as the key
electronic components, including laser drivers and trans-impedance
amplifiers.”
The development of a production version of the
POET Infinity chiplet is on track and POET expects to deliver beta
samples by Q4 of 2023 and start production by the first half of
2024. The ethernet transceiver market for 400G and above data rates
is projected by Lightcounting to exceed $6 billion by 2028.
About POET Technologies
Inc.POET Technologies is a design and development company
offering integration solutions based on the POET Optical
Interposer™ a novel platform that allows the seamless integration
of electronic and photonic devices into a single chip using
advanced wafer-level semiconductor manufacturing techniques and
packaging methods. POET’s Optical Interposer eliminates costly
components and labor-intensive assembly, alignment, and testing
methods employed in conventional photonics. The cost-efficient
integration scheme and scalability of the POET Optical Interposer
brings value to any device or system that integrates electronics
and photonics, including some of the highest growth areas of
computing, such as Artificial Intelligence (AI), the Internet of
Things (IoT), autonomous vehicles and high-speed networking for
cloud service providers and data centers. POET is headquartered in
Toronto, with operations in Allentown, PA, Shenzhen, China and
Singapore. More information may be obtained at
www.poet-technologies.com.
Investor Relations Contact:Shelton GroupBrett L.
Perrysheltonir@sheltongroup.com |
Media Relations Contact:Shelton GroupTyler
Weilandtweiland@sheltongroup.com |
Company Contact:Thomas R. Mika, EVP &
CFOtm@poet-technologies.com |
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 announced
products and those of its customers.
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, management’s expectations regarding the success of the
Company’s announced products, the timing of completion of its
development efforts, the successful implementation of its optical
engine or light source products, the success of its customer’s
products, the capabilities of its operations, including its joint
venture, to correctly gauge market needs and to produce products in
the required amounts and on a timely basis. Actual results could
differ materially due to a number of factors, including, without
limitation, the failure of its products to meet performance
requirements, the failure to produce products on a timely basis or
at all, the failure of its optical engine or light source products
to be incorporated into its customer’s products, the failure of its
customer’s products to achieve market penetration, operational
risks including the ability to attract key personnel, and the
ability to raise additional capital. 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
POET Technologies (TSXV:PTK)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
POET Technologies (TSXV:PTK)
Historical Stock Chart
Von Mai 2023 bis Mai 2024