POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices, virtual reality systems markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was incorporated in 1972 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NASDAQ
Website: https://www.poet-technologies.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | $6.00 | Outperform | Northland Capital |
| 5/25/2022 | $11.00 | Buy | Craig Hallum |
SCHEDULE 13G/A - POET TECHNOLOGIES INC. (0001437424) (Subject)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
SUPPL - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), a leader in the design and implementation of highly-integrated optical engines and light sources for Artificial Intelligence networks, today issued its "2025 Outlook" letter to shareholders from its Chairman and Chief Executive Officer, Dr. Suresh Venkatesan, providing a review of the market, the Company's customers, the progress toward meeting the demand for AI infrastructure and an early look at what the Company is planning for 2025, including its participation in the Optical Fiber Communications Conference (OFC) in San Francisco (March 31-April 3, 2025). Turning Vision
TORONTO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), a leader in the design and implementation of highly-integrated optical engines and light sources for Artificial Intelligence networks, announces that it has signed an agreement to develop a novel optical engine for use in a high-frequency securities trading operation for a global capital markets firm. High-frequency trading ("HFT") is a type of automated trading that uses powerful computers to execute a large number of trades in fractions of a second. The multi-phase project is a pioneering effort to increase the speed and decrease the latency inherent in current transceive
TORONTO, Dec. 31, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that it has completed its previously-announced acquisition of control of Super Photonics Integrated Circuit Xiamen Co., Ltd. ("SPX"), the company jointly held by, and previously operated as a joint venture between, the Company and Quanzhou San'an Optical Communication Technology Co., Ltd. ("SAIC" or "Sanan"). The Company has today acquired all of the outstanding mi
TORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced that it has signed a Master Agreement, an Optical Engine Purchase Agreement and a Deed of Consignment with Globetronics Manufacturing Sdn. Bhd ("GMSB"), to manufacture optical engines for POET in Penang, Malaysia. Further information concerning GMSB is provided below POET also today provided an update on the announced acquisition of the minority equity interest of i
TORONTO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation (the "Units") at a price of US$5.00 (C$7.08) per Unit (the "Issue Price") for aggregate gross proceeds to the Corporation of US$25 million (the "Offering"). Each Unit will be comprised of one common share of the Corporation (each, a "Common Share") and one-half of one common
TORONTO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced the expansion of the Company's Board of Directors (the "Board") to six members with the appointment of Bob Tirva as director and member of the Audit Committee. Mr. Tirva's appointment will be effective December 5, 2024 and, along with the incumbent five directors of the Company, he will serve until the next annual meeting of shareholders of the Company or until his succes
TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that it has completed its previously announced registered direct offering with a single institutional investor that qualifies as an "accredited investor" under National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators. The Corporation issued 5,555,556 common shares (the "Common Shares") and a warrant exercisable to acquire up
TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announces its intention to complete a registered direct offering pursuant to which the Corporation expects to issue 5,555,556 common shares (the "Common Shares") and warrants exercisable for 2,777,778 Common Shares (the "Warrant" and, together with the Common Shares, the "Offered Securities"). The combined price of one Common Share and the accompanying Warrant in respect of one
TORONTO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced its intention to expand its optical engine production capacity in Malaysia. The Company also announced that it has signed a binding Memorandum of Understanding (MOU) with Quanzhou Sanan Optical Communication Technology Co., Ltd. ("SAIC") to transfer to POET its 24.8% stake in the joint venture Super Photonics Xiamen ("SPX"), along with all the production equipment prev
TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical InterposerTM, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced that the Company's board of directors has approved the voluntary delisting (the "Delisting") of POET's common shares (the "Shares") from the TSX Venture Exchange (the "TSXV"). The Company intends to submit an application to the TSXV to complete such Delisting in due course. Upon submission of the Company's application, the Delisting will be subject to the approval of the
Northland Capital initiated coverage of POET Technologies with a rating of Outperform and set a new price target of $6.00
Craig Hallum initiated coverage of POET Technologies with a rating of Buy and set a new price target of $11.00
TORONTO, April 26, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its audited condensed consolidated financial results for the fourth quarter and full year ended December 31, 2021. The Company's financial results as well as the Management's Discussion and Analysis have been filed on SEDAR and EDGAR. All financial figures are in United States dollars ("USD") unless otherwise indicated. Fourth Quarter Financial (non-IFRS) and Recent Business Highlights: The Company continued
TORONTO, April 21, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced the Company will distribute its audited consolidated financial results for the fourth quarter and full year ended December 31, 2021 after the close of market on Tuesday, April 26, 2022. Additionally, the Company will host a business update conference call on Wednesday, April 27th at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time). The conference call will be led by POET's Chairman & CEO, Dr. Suresh Venkatesa
TORONTO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced the expansion of the Company's Board of Directors (the "Board") to six members with the appointment of Bob Tirva as director and member of the Audit Committee. Mr. Tirva's appointment will be effective December 5, 2024 and, along with the incumbent five directors of the Company, he will serve until the next annual meeting of shareholders of the Company or until his succes
TORONTO, June 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported the voting results of its Annual General and Special Meeting (the "Meeting" or "AGSM"), which was held virtually on Friday, June 21, 2024. The Company's VP Finance and Administration, Kevin Barnes, delivered customary introductions and the call to order, and POET's Chairman of the Compensation Committee, Glen Riley, conducted the formal business of the Meeting, which incl
TORONTO, June 21, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced that it has appointed Michal Lipson, a pioneer and thought leader in silicon photonics as well as a highly-published researcher in physics, as an advisor to the Company's Board of Directors. The Company also plans to nominate Lipson as a director at its upcoming Annual General Meeting currently scheduled for October 6, 2022. "We are honored to have Michal Lipson serve as an advisor to our Board in advance of
TORONTO, June 07, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced that it has appointed Theresa Lan Ende, currently Chief Procurement Director of Arista Networks, as an advisor to the Company's Board of Directors. The Company also announced that it intends to nominate Theresa Lan Ende as a director at its Annual General Meeting currently scheduled for October 6, 2022. "We are thrilled that Theresa Lan Ende has agreed to become an advisor to our Board prior to her nominatio
SC 13G/A - POET TECHNOLOGIES INC. (0001437424) (Subject)
SC 13G - POET TECHNOLOGIES INC. (0001437424) (Subject)