And those quotes are a great reading - so I copied them all out for you (corrected: I missed one quote = the last one):

“POET is building an opto-electronics process platform that for the first time ever, enables the core integration of optics and electronics on a single piece of a gallium arsenide wafer, which is something we believe nobody has done before,” “It enables a wide variety of applications as a consequence.”

“What Moore’s law is really facing is that while computational speeds have gone up dramatically, communication speeds have not increased and as a consequence, the interconnects have become a bottleneck. So integrating optics on the chip is really the Holy Grail because you can unleash the performance defined by Moore’s Law by replacing copper with optics in high throughput applications. We believe that our technology takes a giant leap towards a potential solution towards addressing this bottleneck. If you can do that, you can dramatically lower power consumption and avoid other complexities that traditional Moore’s Law scaling has not been able to solve in the silicon world. ”

“For data centers, power has become critically important. Historically, the way you solve power problems is integrating multiple components monolithically on a single chip and that’s what has driven silicon technology for years. Now the optics world is primed for a similar transition to integrated solutions. POET is a very unique and offers the only integrated platform with gallium arsenide and optics so we are really excited to be rolling out a platform that is initially targeted at data centers.”

“POET is tackling the cost equation more so than any other technology by attacking it at the component level, the wafer scale packaging level and at the wafer scale test level. So that’s how we’re able to get the significant reduction in costs that we are looking to achieve. And as we do that, we will potentially become cost competitive with copper technology. At this point, the the advantages of optical connections are tremendous in terms of power savings. The tag line we like to use is: the performance of optics at near the price point of copper.”

“When people talk about value, there is lots of value in ideas and concepts, but what really creates value in a company is the ability to translate ideas from the lab into commercialized products and technologies,” says Dr. Venkatesan. “We have a team of highly talented individuals that left positions at other successful companies to come here because we think that the potential of the technology is immense. And we see an opportunity to make a game changing impact on the industry.”