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Poet Technologies Inc (2)
Symbol PTK
Shares Issued 42,488,045
Close 2024-01-02 C$ 1.27
Market Cap C$ 53,959,817
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Poet Technologies adds ZKTel as optical engine customer

2024-01-03 09:44 ET - News Release

Dr. Suresh Venkatesan reports

POET TECHNOLOGIES ANNOUNCES ZKTEL AS CUSTOMER AND COLLABORATOR

Shaoxing ZKTel Equipment Co. (ZKTel), which supplies optical computer equipment such as modules and transceivers to Tier 1 companies in China's datacom and mobile networking industries, is one of the lead customers for Poet Technologies Inc.'s 100G optical engines.

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). Each module contains a 100G CWDM4 transmit and a receive engine with monolithically integrated MUX and DMUX, directly modulated lasers (DMLs), and high-speed photodiodes. Poet developed the product to suit ZKTel's desired designs, demonstrating the flexibility of the optical interposer technology.

"We have been working with ZKTel for more than a year and are pleased to announce a design win for Poet with another module supplier that will go into production in 2024," said Dr. Suresh Venkatesan, Poet's chairman and chief executive officer. "ZKTel is a highly respected and significant player in the China datacom industry and to collaborate with them through SPX is further validation of Poet's commercial and technical strategy. ZKTel has a robust product portfolio and an expansive number of end-users. Through this collaboration, Poet and SPX have a road map with ZKTel that goes beyond the initial 100G CWDM optical engine sales."

"At ZKTel, we are very pleased with the results we have seen with Poet's design and how it helps us meet the demands of our customers. We have been testing the optical engines internally and with our customers and the feedback has been excellent," says James Wang, CEO of ZKTel. "We look forward to a long, prosperous relationship with the Poet and SPX teams, and to deploying these products to increase the market share for ZKTel."

ZKTel's decision to move into single-mode optics sparked its interest in Poet. The company was an attractive choice because of the low capital expenditure and elegant architecture required to adopt the optical interposer. Poet creates a low barrier to entry into the single-mode optics marketplace for ZKTel. In the production phase, SPX assembles and tests the optical engines at its state-of-the-art facility and ships optical engines to customers such as ZKTel. Customers use optical engine production samples to complete their internal qualification and start sampling modules to their end customers. This cycle typically takes six to nine months before high-volume production can be expected. However, since ZKTel is in advanced stages of its module development, ZKTel expects to ramp to volume production in the second half of 2024.

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 multichip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. Poet's Optical Interposer eliminates costly components and labour-intensive assembly, alignment, burn-in 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 centres. Poet is headquartered in Toronto, with operations in Allentown, Pa., Shenzhen, China, and Singapore.

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