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Investing.com -- POET Technologies Inc. (NASDAQ:POET) stock surged 7% after the company announced it has received a production order valued at over $5 million for its POET null optical engines from a leading systems integrator.
The order represents a significant commercial milestone for POET, validating the market viability of its optical engine technology designed for AI connectivity applications. According to the company, the optical engines are scheduled for delivery in the second half of 2026.
"The sales order for our leading-edge 800G optical engines is another commercial achievement that validates POET’s technology and demonstrates one of the many ways in which we can address the needs of AI data communications," said Raju Kankipati, POET’s Chief Revenue Officer.
The production order includes 2xFR4 and 2xDR4 400G transmit engines and 800G 2xFR4 and DR8 receive engines, which will be used by the customer to manufacture and sell optical transceiver modules.
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