POET Technologies’ New Module Designs Attract Major Companies at CIOE

Live Product Demonstrations Yield Numerous Customer Engagements

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: 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 that its joint exhibition with Super Photonics Xiamen (SPX) at the China International Optoelectronics Expo (CIOE) in Shenzhen earlier this month was an outstanding success that signals more near-term commercial activity for the Company.

The objective for both POET and SPX was to feature 800G optical transceiver solutions by demonstrating the live performance of POET’s transmit (Tx) and receive (Rx) optical engines over 2km of fiber. With high demand for 800G 2xFR4 transceivers, over 20 private customer meetings were completed. 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. An additional engaged Tier 1 customer requested a quote for a customized 100G LR4 optical engine. Four new potential Tier 1 / Tier 2 customers requested samples as soon as possible for their 800G module designs.

POET’s 400G prototype transceiver module in the small QSFP-DD form factor highlighted the simplicity of the design and the excellent performance of its Tx and Rx optical engines.

“One customer commented, ‘Wow! I don’t have to worry about any coupling with your engines,’” said Raju Kankipati, POET’s North America GM and Senior VP of Product Management. “That kind of reaction is a testimony to the advantages we offer the industry. At CIOE, our value proposition was evident to those many attendees who witnessed our product demos.”

Conventional module assembly is challenging, often needing multiple labor-intensive active alignments to ensure proper coupling among components. With POET’s optical engines, no active alignments are needed.

In addition to potential module customers, the POET/SPX exhibit attracted the attention of major end users, including Alibaba, FiberHome, and ByteDance. POET and SPX also met with several key suppliers at the Conference, including several large and prominent laser and electronic component suppliers. 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.