Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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I think the answer is simple and has been given before.  POET doesn't need this money for the current burn rate.  It needs it for the anticipated ramp up in production etc.  This is no doubt something their partners will need to be confident POET can do, before signing any agreement.  

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