The statement below was made on Jan 26.  It took some time for the market to recognize what that meant and I believe that momentum is growing in that understanding which has been reflected in the building momentum of the POET share price and trade volume. And now just over a month later that understanding has resulted in yesterday’s announcement.  They are moving quickly and I think it is about to accelerate.

Poet also announced that it has successfully completed development of the company's low-loss dielectric waveguide stack and is readying the technology for transfer to manufacturing. As part of its continued technology development, Poet has demonstrated a 10-times improvement in the optical loss of its waveguide stack as compared with the performance publicly disclosed at the Photonics Integrated Circuit (PIC) conference in March, 2017. Optical transmission loss within the dielectric stack has now been measured to be below 0.2 decibel per centimetre, which renders the stack virtually loss-less for most practical applications. The ability to deposit low-loss and low-stress dielectric waveguides is the first critical step to enabling complex functionality of these waveguides in key applications, such as arrayed waveguide gratings (AWGs), Echelle gratings, Laterally Coupled gratings, multimode interference couplers and splitters, and pass-through waveguides. These functional features are integral to enabling the performance of a transceiver optical engine and essential to the performance of the multiplexer/de-multiplexer component required in wavelength division multiplexing (WDM) systems.

Now read what is being said in a very definitive way in yesterday’s news release:

Dr. Ben Chen, technical director of the datacom and access product department at Accelink, stated: "Poet's optical interposer platform is a step-change advancement compared to other approaches in gaining lower cost of integration and offering a superior method to scale-up to the higher data rates demanded by our customers. We look forward to working with Poet to develop and qualify this technology. Upon successful qualification, we believe we will have an opportunity to gain rapid penetration into key customers and markets, based on both cost and performance advantages."

Dr Ben Chen did not say could be. His statement reflects his understanding of what it is.

The agreement is to:

MOU outlines a path for mutual co-operation with the objective of developing, qualifying and selling a family of transceiver products based on Poet's low-cost, high performance optical interposer platform.