Absolutely fantastic. And not much of a wait like everything else.
POET expects to complete the design of the optical engines for FIT by Q3 2024 and start optical engine production at its joint venture, Super Photonics Xiamen, by Q4 2024.
The global optical transceiver market for 800G and 1.6T speed is projected to grow at a CAGR of 33%, from $2.5 billion in 2024 to $10.5 billion by 2029, according to Lightcounting Market forecast.