Nasdaq listing expected on march 14th.
POET's business is “optoelectronic semiconductors“, an innovative type of semiconductors. Today's electronic semiconductors just can't do what's needed, for example in artificial intelligence which needs huge data processing, or the transition to 5G, or the increasing amount of data through datacenters,…. Experts are looking to manipulate light instead of electrons. It requires less energy, is way faster and has no heating problems. Till recently it has been difficult to develop these superior optoelectonic semiconductors in high volume and low cost……. but POET has the secret sauce.
POET has a unique wafer-scale assembly (1000's at a time) technique, unique speed agnostic waveguides, insane performance results and the capability to use different materials e.g. lasers depending on the client. POET's senior management is ex-MACOM and ex-GlobalFoundries. POET takes data transmission to the next level.
POET does what is called “semiconductorization” of optoelectronics, which means making optoelectronic semiconductors at high volumes and at the same speed by which eletronic semiconductors (in our phone, laptop, datacenters, cars,…) of today are being made.
POET's optoelectronic semiconductors will become the industry de facto standard. Inferior solutions do not become standard. POET's solutions will. For example our 400G FR4 demo at the OFC conference (march 9th 2022) and this product can be developed by 1000's at a time. Or, flip-chip assambled DML lasers into chip-scale optical engines. There's nobody else that does that. Everyone is still doing handwork as primates and POET is developing upper class products at the lowest cost (-40% cost and -40% energy consuming costs compared to other solutions). Moreso, POET's chips have a very small form factor (4X smaller), and smaller is better. For example in the sensing vertical: a spectrophotometer is bound to POET's chip in a wearable or phone camera -> huge amounts of data can be processed and glucose, lactate, hydration,… can all be measured from your wrist. Thanks to the small form factor, it can be placed e.g. in a mobile phone. They will announce a sensing partnership soon with one of the largest wearable makers in the world. I'd like to think it's Amazfit.
POET is addressing various multibillion/trillion usd verticals (5G, wearables, Lidar, datacom, artificial intelligence).
POET's fast growing environment: https://charts.stocktwits.com/production/original_436099132.jpg
POET got high valuations by various banks.
Many institutions getting interested.
Float 37M, sharepric 8,8 usd.
Insane upside potential.
Leave a Reply