Die (integrated circuit)

POET Technologies Reports Fourth Quarter 2023 Financial Results

Retrieved on:

Friday, March 15, 2024

Quarter, NRE, Growth, Average cost, Tier 1, Research, TMX Group, AI, Die (integrated circuit), POET, Loss, Bank statement, Programmable interrupt controller, Depreciation, Unit, PTK, CAD, Video game

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its audited consolidated financial results for the fourth quarter ended December 31, 2023.

Key Points:

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its audited consolidated financial results for the fourth quarter ended December 31, 2023.
The Company had non-cash finance costs of $14,000 in the fourth quarter of 2023 compared to non-cash finance costs of $12,000 in the fourth quarter of 2022 and non-cash costs of $18,000 in the third quarter of 2023.
The Company’s share of loss is approximately 76.1% of the loss of Super Photonics in the fourth quarter of 2023, 80.7% in the fourth quarter of 2022 and 78.4% in the third quarter of 2023.
Cash flow from operating activities in the fourth quarter of 2023 was ($2.9) million compared to ($2.7) million in the fourth quarter of 2022 and ($4.1) million in the third quarter of 2023.

Luxshare-TECH Preview for OFC 2024: Collaborating with Ecosystem Partners to Explore Cutting-Edge Technologies

Retrieved on:

Thursday, March 14, 2024

Communication, Intelligence, SAN, Research, AOC, Die (integrated circuit), POET, Spirent, Interface, Data center, PIC, Lidar, Printed circuit board

SAN DIEGO, March 14, 2024 (GLOBE NEWSWIRE) -- The rise of artificial intelligence and big data has fueled the widespread adoption of optical interconnect technologies in data centers and communication networks. As a leading player in the optical communications industry, Luxshare-TECH actively collaborates with industry ecosystem partners to jointly research, develop, and deliver cutting-edge technologies and products.

Key Points:

The company collaborates with industry leaders like MACOM, POET, Spirent, and Keysight to drive innovation and development in optical interconnect technologies.
As a leading player in the optical communications industry, Luxshare-TECH actively collaborates with industry ecosystem partners to jointly research, develop, and deliver cutting-edge technologies and products.
At the upcoming OFC 2024, Luxshare-TECH will join forces with industry leaders like MACOM, POET, Spirent, and Keysight to showcase the latest advancements in optical interconnect technologies.
We look forward to welcoming you to booth #3044 to explore the bright future of optical interconnects together!

MPI Corporation's Advanced Semiconductor Test Division Joins Forces with Keysight Technologies as a Keysight Solutions Partner

Retrieved on:

Thursday, March 14, 2024

Organization, Device, Partnership, Die (integrated circuit), RF, High-pass filter, Cost, MPI, Industrial design

This collaboration marks a significant milestone for MPI's Advanced Semiconductor Test (AST) Division, with the company being a formidable contender in the semiconductor test industry.

Key Points:

This collaboration marks a significant milestone for MPI's Advanced Semiconductor Test (AST) Division, with the company being a formidable contender in the semiconductor test industry.
The strategic partnership between MPI Corporation's Advanced Semiconductor Test (AST) Division and Keysight is built upon a foundation of mutual innovation, a focus on delivering customer-centric solutions, and a commitment to driving the semiconductor testing industry forward.
As part of the Keysight Solutions Partner program, MPI AST will leverage the strengths of both companies to deliver state-of-the-art solutions in the semiconductor test industry.
By joining forces, both companies commit to empowering the semiconductor industry with innovative solutions that address its most pressing challenges.

MPI Corporation's Advanced Semiconductor Test Division Joins Forces with Keysight Technologies as a Keysight Solutions Partner

Retrieved on:

Thursday, March 14, 2024

Organization, Device, Partnership, Die (integrated circuit), RF, High-pass filter, Cost, MPI, Industrial design

This collaboration marks a significant milestone for MPI's Advanced Semiconductor Test (AST) Division, with the company being a formidable contender in the semiconductor test industry.

Key Points:

This collaboration marks a significant milestone for MPI's Advanced Semiconductor Test (AST) Division, with the company being a formidable contender in the semiconductor test industry.
The strategic partnership between MPI Corporation's Advanced Semiconductor Test (AST) Division and Keysight is built upon a foundation of mutual innovation, a focus on delivering customer-centric solutions, and a commitment to driving the semiconductor testing industry forward.
As part of the Keysight Solutions Partner program, MPI AST will leverage the strengths of both companies to deliver state-of-the-art solutions in the semiconductor test industry.
By joining forces, both companies commit to empowering the semiconductor industry with innovative solutions that address its most pressing challenges.

Luxshare-TECH Preview for OFC 2024: Collaborating with Ecosystem Partners to Explore Cutting-Edge Technologies

Retrieved on:

Wednesday, March 13, 2024

Communication, Intelligence, SAN, Research, AOC, Die (integrated circuit), POET, Spirent, Interface, Data center, PIC, Lidar, Printed circuit board

SAN DIEGO, March 12, 2024 /PRNewswire/ -- The rise of artificial intelligence and big data has fueled the widespread adoption of optical interconnect technologies in data centers and communication networks. As a leading player in the optical communications industry, Luxshare-TECH actively collaborates with industry ecosystem partners to jointly research, develop, and deliver cutting-edge technologies and products.

Key Points:

The company collaborates with industry leaders like MACOM, POET, Spirent, and Keysight to drive innovation and development in optical interconnect technologies.
As a leading player in the optical communications industry, Luxshare-TECH actively collaborates with industry ecosystem partners to jointly research, develop, and deliver cutting-edge technologies and products.
At the upcoming OFC 2024, Luxshare-TECH will join forces with industry leaders like MACOM, POET, Spirent, and Keysight to showcase the latest advancements in optical interconnect technologies.
We look forward to welcoming you to booth #3044 to explore the bright future of optical interconnects together!

POET Technologies Announces the Grant of Stock Options

Retrieved on:

Tuesday, February 20, 2024

Programmable interrupt controller, Consultant, Die (integrated circuit), TMX Group, PTK, Pharmaceutical industry

TORONTO, Feb. 20, 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 artificial intelligence markets, today announced that the board of directors of the Company has granted 765,000 stock options to purchase common shares to officers, other employees and consultants of the Company .

Key Points:

TORONTO, Feb. 20, 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 artificial intelligence markets, today announced that the board of directors of the Company has granted 765,000 stock options to purchase common shares to officers, other employees and consultants of the Company .
The stock option grant includes the award of 420,000 stock options to officers of the Company, 220,000 to other employees and 125,000 to consultants.
The stock options granted to officers and employees have an exercise price of C$1.79, being the closing price of the Company’s stock on the TSXV on February 15, 2024, are exercisable for 10 years following the grant and will fully vest on February 16, 2025.
The stock options granted consultants are performance based and will vest when certain performance milestones are met.

POET Technologies Announces ZKTel as Customer and Collaborator

Retrieved on:

Wednesday, January 3, 2024

Selective laser sintering, Architecture, Die (integrated circuit), SPX, TMX Group, Programmable interrupt controller, Laser, Feedback, MUX, PTK, Tier 1, CWDM

POET and ZKTel have been collaborating to develop a 100G CWDM4 optical transceiver module using POET optical engines supplied by POET’s joint venture company, Super Photonics Xiamen (SPX).

Key Points:

POET and ZKTel have been collaborating to develop a 100G CWDM4 optical transceiver module using POET optical engines supplied by POET’s joint venture company, Super Photonics Xiamen (SPX).
POET developed the product to suit ZKTel’s desired designs, demonstrating the flexibility of the optical interposer technology.
POET creates a low barrier to entry into the single-mode optics marketplace for ZKTel.
However, since ZKTel is in advanced stages of its module development, ZKTel expects to ramp to volume production in the second half of 2024.

POET Technologies Earns High Praise from Industry Expert in New e-Book

Retrieved on:

Friday, December 8, 2023

Marketing, POET, Interview, Die (integrated circuit), Nanophotonics, Dawn, Student, Research, TMX Group, Programmable interrupt controller, Intel, Amazon (company), Publication, PTK

TORONTO, Dec. 08, 2023 (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 artificial intelligence markets, today announced its recognition by noted semiconductor industry expert and author Mark Stansberry.

Key Points:

TORONTO, Dec. 08, 2023 (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 artificial intelligence markets, today announced its recognition by noted semiconductor industry expert and author Mark Stansberry.
"From a historical perspective, POET Technologies might just well become as renowned as the transistor-age founding companies are today,” Mr. Stansberry notes.
POET neither funded the production of the book nor reviewed it prior to publication and has no past or present relationship with Mr. Stansberry.
"The Dawn of the Nanophotonics Age" e-book report is available for purchase only on Amazon.com.

POET Technologies Issues Letter to Shareholders

Retrieved on:

Tuesday, December 5, 2023

TORONTO, Dec. 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™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today issued a letter to shareholders from its Chief Executive Officer, Dr. Suresh Venkatesan, providing a review of recent accomplishments and vision for 2024.

Key Points:

TORONTO, Dec. 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™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today issued a letter to shareholders from its Chief Executive Officer, Dr. Suresh Venkatesan, providing a review of recent accomplishments and vision for 2024.
Prepared to deliver 400G FR4 Transmit (POET Infinity™ chiplet) beta samples for customers in Q1’2024.
When these markets emerge, we believe that POET can maintain and even enhance its technical and commercial advantages.
Everyone at POET looks forward to a promising 2024 and we appreciate you making the journey with us.

POET Technologies Announces Closing of US$1.6 Million Underwritten Public Offering of Common Shares and Warrants

Retrieved on:

Monday, December 4, 2023

Telephone, POET, Die (integrated circuit), Sale, Form, TMX Group, CAD, Programmable interrupt controller, Attention, AI, Prospectus, PTK, Offering

The Offering consisted of 1,600,000 common shares of the Company and warrants to purchase up to 1,600,000 common shares of the Company at a combined public offering price of US$0.90 (CAD$1.22) per common share and accompanying warrant.

Key Points:

The Offering consisted of 1,600,000 common shares of the Company and warrants to purchase up to 1,600,000 common shares of the Company at a combined public offering price of US$0.90 (CAD$1.22) per common share and accompanying warrant.
Each warrant has an exercise price of US$1.12 (CAD$1.52) per common share and is exercisable for five years from the date of issuance.
In addition, the Company granted the underwriter a 45 day option to purchase up to an additional 240,000 common shares and/or warrants to purchase up to an additional 240,000 common shares at the public offering price in any combination, less underwriting discounts and commissions, which the underwriter has partially exercised to purchase 186,000 additional common shares and additional warrants to purchase up to 186,000 common shares.
The gross proceeds of the Offering to the Company, before underwriting discounts and commissions and offering expenses, were approximately $1.6 million.