Die (integrated circuit)

POET Technologies Announces Pricing of US$1.4 Million Underwritten Public Offering of Common Shares and Warrants

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Thursday, November 30, 2023

Telephone, POET, Die (integrated circuit), Sale, Form, TMX Group, CAD, Programmable interrupt controller, Attention, AI, Prospectus, PTK, Indian stock exchange, Exercise, Offering, Security (finance)

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

Key Points:

The Offering consists of 1,600,000 common shares of the Company and warrants to purchase 1,600,000 common shares of the Company at a public offering price of US$0.90 (CAD$1.22) per common share and accompanying warrant.
Each warrant is exercisable at an exercise price of US$1.12 (CAD$1.52) per common share for a period of five years from issuance.
Gross proceeds from the Offering are expected to be approximately $1.4 million (CAD$1.9 million) before deducting underwriting discounts, commissions and estimated offering expenses and without giving effect to the exercise, if any, of the overallotment option described below.
In addition, POET has granted the underwriter a 45-day option to purchase up to an additional 240,000 Common Shares and/or 240,000 Warrants at the public offering price in any combination, less underwriting discounts and commissions.

POET Comments on Recent Market Activity

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Wednesday, November 22, 2023

Die (integrated circuit), Sale, CFO, EDGAR, Form, TMX Group, Programmable interrupt controller, News, Risk, Prospectus, PTK, Security (finance)

TORONTO, Nov. 22, 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 provided commentary on recent events, including the above average trading activity in its stock over the past two weeks.

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TORONTO, Nov. 22, 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 provided commentary on recent events, including the above average trading activity in its stock over the past two weeks.
On November 2, 2023, the Company announced an underwritten public offering in the United States and a concurrent offering in Canada (the “Offering”).
“Even though market conditions are not favorable to small and micro-cap companies, we are continuing to have positive discussions with several potential investors in the offering,” said Thomas Mika, POET’s EVP & CFO.
333-273853) with the U.S. Securities and Exchange Commission (the “SEC”) and a preliminary prospectus supplement to the registration statement, describing the Offering.

POET Technologies Reports Third Quarter 2023 Financial Results

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Tuesday, November 14, 2023

TORONTO, Nov. 14, 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 reported its unaudited consolidated financial results for the third quarter ended September 30, 2023.

Key Points:

TORONTO, Nov. 14, 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 reported its unaudited consolidated financial results for the third quarter ended September 30, 2023.
On November 6, 2023, the Company provided a financial update that included preliminary, unaudited financial data in advance of this press release.
The Company’s share of loss is approximately 78.4% of the loss of SPX in the third quarter of 2023, 86.3% in the third quarter of 2022 and 80.7% in the second quarter of 2023.
Cash flow from operating activities in the third quarter of 2023 was ($4.1) million, compared to ($2.5) million in the third quarter of 2022 and ($4.0) million in the second quarter of 2023.

EmbeddedWiki - World's Largest Embedded Projects Platform with over 1,000,000 Designs Based on 1500+ Click Boards Launched by MIKROE

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Monday, December 11, 2023

Semiconductor, Consumer Electronics, Technology, Software, Internet, Hardware, Power management, MCU, Motor control, A.I, LED, 101st Airborne Division, Matic, Die (integrated circuit), HMI, Mikroelektronika, Interface

MikroElektronika (MIKROE), the embedded solutions company that dramatically cuts development time by providing innovative hardware and software products based on proven standards, today unveiled EmbeddedWiki – the world's largest embedded projects platform that already details over 1,000,000 projects based on 1500+ Click™ boards.

Key Points:

MikroElektronika (MIKROE), the embedded solutions company that dramatically cuts development time by providing innovative hardware and software products based on proven standards, today unveiled EmbeddedWiki – the world's largest embedded projects platform that already details over 1,000,000 projects based on 1500+ Click™ boards.
Each design contains a full description of the project, plus a list of parts that is required.
Currently the total stands at 1,000,318 embedded projects – all with fully working code – but that number is increasing all the time.
Concludes Matic: “MIKROE has dedicated itself to saving time through the use of standardization in the embedded industry for 22 years.

Analog Integrated Circuit Market size to grow by USD 30.50 billion between 2023 - 2028; Growth Driven by Increasing demand for consumer electronics - Technavio

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Tuesday, December 12, 2023

The potential growth difference for the analog integrated circuit market between 2023 and 2028 is USD 30.50 billion.

Key Points:

The potential growth difference for the analog integrated circuit market between 2023 and 2028 is USD 30.50 billion.
The increasing demand for consumer electronics drives market growth.
Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
The circuit breaker market size is estimated to grow at a CAGR of 6.11% between 2023 and 2028.

Lightwave Logic Issues Shareholder Letter and Provides Corporate Update

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Monday, December 4, 2023

ENGLEWOOD, Colo., Dec. 4, 2023 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, today issued a letter to shareholders from its Chairman and Chief Executive Officer, Dr. Michael Lebby.

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2023 has been a transformational year for Lightwave Logic, underscored by the first commercial material supply and license agreement for our electro-optic polymer materials and ongoing efforts to build on this commercialization momentum.
Throughout the year we focused on industry awareness efforts, evangelizing the benefits of our platform at leading industry events globally.
Per the terms of the non-exclusive material supply and license agreement, the licensee shall pay Lightwave Logic a running royalty with a minimum royalty paid on an annual basis over the term of the License Agreement.
I will be hosting a fireside chat today with the hosts of the Benzinga All-Access show to discuss this shareholder letter, recent milestone achievements and potential near-term catalysts.

POET Technologies Announces Public Offering of Common Shares and Warrants

Retrieved on:

Wednesday, November 1, 2023

Sale, SEC filing, Park Avenue, TMX Group, Exempt market securities, Telephone, Die (integrated circuit), Form, Attention, Exemption, National instrument, Offering, Prospectus, POET, Programmable interrupt controller, AI, PTK, Security (finance)

Offering”).

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Offering”).
Concurrently, the Company has also commenced a non-brokered offering in Canada (the "LIFE Offering" and, together with the U.S. Offering, the "Offering").
The Offering consists of common shares of the Company and warrants to purchase common shares and is subject to market conditions.
In addition, POET intends to grant the underwriter a 45-day option to purchase up to an additional 15 percent of the number of common shares and/or warrants offered in the U.S. Offering.

POET Technologies Collaborates with Yuanjie Semiconductor Technology for Laser Supply as the Company’s Optical Engines Enter Volume Production

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Tuesday, October 10, 2023

Partnership, PTK, LR4, Programmable interrupt controller, Die (integrated circuit), YST, Laser, POET, TMX Group, SPX, Name, Selective laser sintering, 3D printing, Printed circuit board

The collaboration will enable POET’s joint venture, Super Photonics Xiamen (SPX), to ramp optical engines to high-volume production utilizing YST’s lasers.

Key Points:

The collaboration will enable POET’s joint venture, Super Photonics Xiamen (SPX), to ramp optical engines to high-volume production utilizing YST’s lasers.
“As we start ramping production of our optical engines, securing an additional reliable laser source that is well established in the industry with known good quality is of utmost importance to our business,” said Dr. Suresh Venkatesan, Chairman & CEO of POET.
“Our partnership with YST has enabled POET and SPX to deliver reliable, high-performance optical engines to customers.
All the design verifications and reliability testing of the optical engines is complete and all will be released to production this month.

POET’s JV, Super Photonics Xiamen, Expands Production Capacity to Support Customer Demand

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Thursday, October 5, 2023

Silicon, PTK, LR4, Programmable interrupt controller, Die (integrated circuit), CWDM, POET, SVP, TMX Group, SPX, FR4, Hand, Printed circuit board

“SPX has received purchase orders from customers, and we are excited about the strong demand for the POET engines in 2024 and beyond.

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“SPX has received purchase orders from customers, and we are excited about the strong demand for the POET engines in 2024 and beyond.
Our team has placed orders for additional precision die bonders, testers and additional equipment that will expand production capacity to fulfill the customer orders on hand and expected in the near future,” said Xiaozhong Zheng, CEO of SPX.
Compared to modules built with conventional chip-on-board and silicon photonics-based components, POET’s optical engines are highly differentiated, hybrid-integrated products.
“Some of our transmit and receive optical engines are already in low-volume production and we expect to add a few more products to the production list by end of the year.

POET Technologies’ New Module Designs Attract Major Companies at CIOE

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Tuesday, September 12, 2023

Two major Tier 1 module suppliers already engaged with POET and its joint venture company, SPX, requested samples to be submitted for immediate evaluation, including optical engines for 800G Tx, 800G Rx, 400G Tx (the POET InfinityÔ chiplet) and 400G Rx.

Key Points:

Two major Tier 1 module suppliers already engaged with POET and its joint venture company, SPX, requested samples to be submitted for immediate evaluation, including optical engines for 800G Tx, 800G Rx, 400G Tx (the POET InfinityÔ chiplet) and 400G Rx.
Four new potential Tier 1 / Tier 2 customers requested samples as soon as possible for their 800G module designs.
In addition to potential module customers, the POET/SPX exhibit attracted the attention of major end users, including Alibaba, FiberHome, and ByteDance.
Those conversations served to demonstrate how POET has integrated these components in its novel designs and how the POET ecosystem can be further strengthened with even deeper collaborations.