Fairchij: So we just received the micro-display part. Now let’s see what they report re the advanced discussion on sensing

Yes, the microdisplays. They are in this category: The 18-month project, jointly funded by POET and IMRE, is designed in part to adapt the POET platform to potential applications in smart pixel technology for the burgeoning Augmented Reality market.

But there's more: Additional aspects of the initiative include enhancing POET’s GaAs process technology platform, as well as the research and development of novel Gallium Nitride (GaN) epitaxial growth technologies to potentially support integrated opto-electronic light engines for the smart lighting market.

I think what is meant by "integrated opto-electronic light engines for the smart lighting market" is something like POET's replacement for incandescent bulbs. It would be integrated into lighting solutions that e.g. automatically turn on the light only when and where needed, allow the user to control brightness, color etc. and of course use highly efficient light emitting materials. GaN would come into play here because of the higher power consumption of these types of applications, I suppose.