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Company Profile

POET Technologies Inc. (TSXV: PTK and OTCQX: POETF) has designed a revolutionary new device and method that combines electronic and optical components into a single chip-scale package that generates and detects light for fiber-optic networks.  The “POET Optical Interposer” (“POI”), lowers costs and improves performance dramatically compared to other approaches. Optoelectronic devices built using the POI are produced hundreds or thousands at a time at wafer-scale, rather than one at a time, using 90% less labor and capital equipment for the same output.  POET’s technology was confirmed by one of the world’s largest network systems companies. To add manufacturing capability, POET recently signed a definitive Joint Venture Agreement worth US$50M with Sanan IC, located in Xiamen. San’an Optoelectronics Co. Ltd. (600703.SS) produces over half the world’s LEDs.  With products designed by POET, the JV will go into mass production for the data center transceiver market by mid-2021.  Other high-growth markets for POET’s technology include optoelectronic devices for Artificial Intelligence (AI), the Internet of Things (IoT), autonomous vehicles and high-speed networking for cloud and enterprise data centers. POET is headquartered in Toronto, with operations in Allentown (Pennsylvania, USA), Singapore and Xiamen. More information may be obtained at www.poet-technologies.com.

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