Would be nice to add a second positive to the day, even if "only" NRE.
CELESTIAL AI has not been idle, and appear ready for a rapid growth phase.
It has been slow in coming, but possibly it is time for our NRE to show up and then product sales of POET's LightBar to CELESTIAL AI.
(photonics) "promises to be the technology to usher in the next era of rapid growth for AI computing,” commented Suresh Venkatesan, the Company’s Chairman & CEO. “POET is now well positioned to participate meaningfully for a new class of high-volume, high-growth applications, expanding the addressable markets for our Optical Engines and Optical Interposer platform products. In addition to highlighting the tremendous adaptability of the POET Optical Interposer platform, this project is anticipated to result in revenue for POET this year in the form of NRE and potentially initial product sales.” Suresh Venkatesan January 6, 2021.
The chipset market for AI applications is projected to grow to over $65 billion by 2025.