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SAN JOSE, Calif. and SHENZHEN, China - POET Technologies Inc. (NASDAQ:POET), a $464 million market cap company showing remarkable revenue growth of over 300% in the past year, will demonstrate its latest optical products at the 2025 China International Optoelectronic Expo (CIOE) from September 10-12 at the Shenzhen World Exhibition and Convention Center. According to InvestingPro data, analysts expect continued strong growth with an 83% revenue increase forecast for FY2025.
The company plans to highlight two key products targeted at AI networks and data centers: the POET Blazar, a light source for Co-Packaged Optics addressing bandwidth challenges in AI networks, and the POET Teralight, a line of 1.6T transmit and receive optical engines for high-volume pluggable transceivers. While the stock has experienced a 9% decline over the past week, InvestingPro analysis shows a strong 75% return over the past year, reflecting investor confidence in the company’s innovative product portfolio.
Dr. Mo Jinyu, POET’s Senior Vice President of Global Product Development, will speak at the International Forum on Optical Communications on September 9, discussing the company’s optical interposer technology for AI computing and data center interconnects.
"Our live demonstrations this year underscore the breadth of POET’s innovation in photonic integration," said Dr. Suresh Venkatesan, POET Executive Chairman and CEO, in a press release statement.
CIOE, described as the world’s largest optoelectronics conference, expects more than 120,000 attendees from over 30 countries. POET will be located at Hall 11, Booth 11A59.
POET Technologies designs and develops optical modules, engines and light source products for AI systems and data centers. The company’s solutions are based on its Optical Interposer platform, which integrates electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques.
The company maintains operations in Toronto, Singapore, Shenzhen, and Malaysia.
In other recent news, POET Technologies Inc. has announced a $25 million non-brokered public offering, intending to issue 5 million units at $5.00 per unit. Each unit will include one common share and a purchase warrant, exercisable for five years. Additionally, the company will voluntarily delist its common shares from the TSX Venture Exchange by August 27, 2025, while maintaining its Nasdaq listing. In a strategic move, POET Technologies has also signed a Master Agreement with NationGate Solutions to manufacture optical engine assemblies in Malaysia. This agreement involves a Module Purchase Agreement and a Deed of Consignment for assembling and testing optical engines. Furthermore, the company has appointed Sohail Khan to its board of directors and the Corporate Governance & Nominating Committee. Khan brings extensive experience from his previous roles at Coherent Corp. and LightPath Technologies. These developments reflect POET Technologies’ ongoing strategic initiatives and corporate governance enhancements.
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