01:24:32 EDT Fri 14 Jun 2024
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Poet Technologies Inc (2)
Symbol PTK
Shares Issued 48,183,038
Close 2024-03-26 C$ 1.80
Market Cap C$ 86,729,468
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Poet to offer 800G transceiver for AI networks

2024-03-26 11:14 ET - News Release

Mr. Thomas Mika reports

POET ENTERS OPTICAL MODULE MARKET WITH 800G TRANSCEIVER FOR ARTIFICIAL INTELLIGENCE NETWORKS

Poet Technologies Inc. has made its first entry into the optical module market for artificial intelligence and cloud data centre markets with an 800G pluggable transceiver. The Wavelight is an 800G 2xFR4 OSFP module that incorporates the company's Poet Optical Interposer technology and related optical engine products.

Wavelight is the company's first Poet-branded module and its initial entry into the pluggable optical module market, representing a key milestone in its commercialization road map. Poet debuts in the module market at the leading edge of module designs at a speed and performance that are highly sought after by AI network operators such as Google, Meta, Nvidia and AWS. The company will showcase Wavelight modules at the OFC 2024 conference in San Diego from March 26 to 28 (booth No. 5001) and customer sampling will begin in the third quarter of 2024.

"The move to offer modules to end-users was a strategic imperative for the company and the next logical step in our development of the Poet Optical Interposer and the Optical Interposer-based leading-edge optical engines that we have produced over the past two years," noted Dr. Suresh Venkatesan, the company's chairman and chief executive officer. "We are now able to showcase our technology to major end-users during a period of high demand for 800G transceivers, driven primarily by AI, and we are confident that it will lead to direct sales by Poet to customers."

Dr. Venkatesan added, "This is the most significant commercial milestone that our company has reached since its founding."

Wavelight has eight lanes of electrical input and output channels operating at 106.25 gigabytes per second per channel. It consists of two 400G silicon photonics transmitters and one integrated 800G receiver, operating on four ITU-defined CWDM wavelengths. The transceiver is designed for use in 800-gigabit Ethernet links for up to two kilometres of reach over single mode fibre. According to LightCounting, the market for 800G 2xFR4 transceivers in 2024 is $750-million and is forecasted to grow to $1.7-billion by 2027, with more than half of the demand driven by AI networks. The Poet transceiver architecture delivers a solution that is cost optimized and highly scalable.

The Wavelight product line is complementary to Poet's optical engine sales. Poet is committed to continue its optical engine sales both directly and through its joint venture, Super Photonics Xiamen (SPX), and serve pluggable transceiver customers for 100 Gbps to 800 Gbps speeds.

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, passive 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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