POET Technologies ( (TSE:PTK) ) has issued an announcement.
POET Technologies has shipped samples of its advanced optical transmit engines to three global technology customers for AI applications, marking a significant step in its operations. The samples, part of the POET Infinity transmit product line, are designed for 400G and 800G applications and are expected to lead to production orders in the latter half of 2025. This development underscores POET’s growing role as a key vendor in the industry, with its products offering cost, reliability, and power efficiency advantages that appeal to industry leaders. Additionally, POET is enhancing its investor relations efforts with a trial engagement with IR Agency, LLC, to better communicate with stakeholders.
More about POET Technologies
POET Technologies Inc. is a design and development company specializing in high-speed optical modules, optical engines, and light source products for the artificial intelligence systems market and hyperscale data centers. The company utilizes its patented POET Optical Interposer platform to integrate electronic and photonic devices into a single chip, offering solutions that are cost-effective, power-efficient, and scalable. POET’s products are aimed at addressing challenges in AI systems, 5G networks, and autonomous vehicle sensing applications.
YTD Price Performance: -37.36%
Average Trading Volume: 2,014,626
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $316.3M
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