POET receives first orders for Optical Interposer Solutions

POET Technologies Inc of Toronto, Canada and San Jose, CA, USA — a designer and manufacturer of optoelectronic devices, including light sources, passive waveguides and photonic integrated circuits (PIC) for the sensing and datacom markets — has received its first orders for Optical Interposer-based solutions from leading global communications companies targeting datacom applications, which represents a new served market for the firm’s products.

The orders include sales and development contracts with worth more than US$3m (CAD$3.9m) to purchase existing device prototypes, to develop and provide increasingly integrated optical engine components or to systematically address specific customer integration requirements under paid development programs.

Together, these recent orders represent a material increase in the firm’s overall revenue run-rate and are expected to be fulfilled beginning now through mid-2019. POET’s latest reported revenue for the six months ending 30 June was US$1,425,427 (CAD$1,869,804), entirely from sales of light source products for the sensing market.

The POET Optical Interposer is a platform that facilitates the co-packaging of electronics and optics in a single chip-scale package (CSP). Incorporating the firm’s dielectric waveguide technology, it reduces coupling and transmission losses below levels found in conventional and silicon photonics (SiPh)-based devices and allows passive optical alignment as well as automated wafer-scale pick-and-place assembly and test. It is claimed that the result is a dramatic reduction in manufacturing costs, lower power consumption, and often smaller form factors compared with other approaches, allowing customers to produce highly differentiated products across a range of advanced photonics applications.

“We introduced the Optical Interposer in January of this year and have now received multiple orders from datacom and telecom industry leaders. This validates that we have a compelling photonics integration platform,” says CEO Dr Suresh Venkatesan. “The Optical Interposer enables manufacturers of conventional and silicon photonics transceiver modules to reduce costs and, in some cases, to cost-effectively transition from 100G to 400G products using a common platform architecture,” he adds. “We expect these current orders to lead to the inclusion of more of our Optical Interposer technology in current and future products, including 400G transceivers for datacom and low-cost devices targeted at the high-growth market for 5G cellular and next-generation access networks.”

See related items:

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