POET and
MultiLane Collaborate to Develop
High-Speed Pluggable
Transceivers for AI Networks
Toronto, ON,
Canada and San Jose, CA -- March 27, 2024 -- InvestorsHub NewsWire
-- POET
Technologies Inc. (POET) (TSX
Venture: PTK;
NASDAQ: POET), the designer and developer of the POET Optical
Interposer™ and Photonic Integrated Circuits (PICs) for data
center, telecommunication and AI markets announced today a
collaboration with MultiLane Inc., a leading provider of high-speed
IO and data center interconnect test solutions, to develop
next-generation, performance-optimized pluggable 800G, 1.6T and
higher speed transceivers using POET's newly designed transmit and
receive optical engines. POET and MultiLane will focus on jointly
developing pluggable transceivers that will reduce cost and improve
power efficiency over existing solutions, and address the
increasing need for more scalable hardware components for AI and
cloud data center markets.
"Our intent with
this collaboration is to design cost-optimized 800G modules that
offer superior performance with both the DSP integrated version as
well as Linear Pluggable Optics (LPO) variants. We also want to
kick start our designs for 1.6T and 3.2T pluggable transceivers for
the most advanced data center and AI network operators," said Raju
Kankipati, POET's SVP of Product Management. "We have to plan and develop
ahead of market demand and be ready when customers are ready to
test these higher speeds. The collaboration with MultiLane will
significantly shorten the design cycle time for POET's technology
and will enable us to bring this value to our global customers much
more quickly."
"We are excited to
collaborate with POET, offering our services in product
development, testing automation, and contract manufacturing to
accelerate the product development and launch," said Fadi Daou,
Founder and CEO of MultiLane. "MultiLane specializes in high
throughput testing that enables shorter design cycles and a faster
time to market; driving industry innovation and maintaining a
healthy networking ecosystem."
Initial samples of
pluggable transceiver modules from this collaboration are expected
to be available in late 2024. According to LightCounting the
market for 800G transceiver modules is approximately $750 million
today but is forecasted to reach $1.7 billion by 2027.
About
POET Technologies Inc.
POET
Technologies is a design and development company offering
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. POET's
Optical Interposer eliminates costly components and labor-intensive
assembly, alignment, burn-in and testing methods employed in
conventional photonics. The cost-efficient, passive
integration scheme and scalability of the POET Optical Interposer
brings value to any device or system that integrates electronics
and photonics, including some of the highest growth areas of
computing, such as Artificial Intelligence (AI), the Internet of
Things (IoT), autonomous vehicles and high-speed networking for
cloud service providers and data centers. POET is headquartered in
Toronto, with operations in Allentown, Pa., Shenzhen, China and
Singapore. More information may be obtained at
www.poet-technologies.com.
About
MultiLane Inc.
For over a decade,
MultiLane has been supplying the high-speed data center and
semiconductor industries with top-tier, scalable test and
measurement solutions. We work at the forefront of industry trends,
anticipate upcoming technologies, and develop the tools to enable
their accelerated creation and adoption. Our portfolio of
high-speed I/O test solutions encompasses IC and transceiver
characterization, semiconductor testing, active and passive
electrical and optical cable testing, system switch cards, link
testing, pioneering Automated Test Equipment (ATE), and Network
Management Services. Some of the most dominant technology companies
in the world rely on MultiLane equipment to build and test their
networks. Please visit www.multilaneinc.com
for more
information.
Forward-Looking
Information
This news release contains
"forward-looking information" (within the
meaning of applicable Canadian securities laws) and
"forward-looking statements" (within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995). Such statements or information are identified with words
such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes
or statements regarding any potential outcome. Such statements
include the Company's
expectations with respect to the success of the
Company's
announced products and those of its customers.
Such forward-looking information
or statements are based on a number of risks, uncertainties and
assumptions, which may cause actual results or other expectations
to differ materially from those anticipated and which may prove to
be incorrect. Assumptions have been made regarding, among other
things, management's
expectations regarding the success of the Company's announced
products, the market need
or demand for such products, including modules and optical engines,
the timing of completion of its development efforts, the successful
implementation of its optical engine, module and light source
products, the success of its customer's products, the capabilities
of its operations, including its joint venture, to correctly gauge
market needs and to produce products in the required amounts and on
a timely basis. Actual results could differ materially due to a
number of factors, including, without limitation, the failure of
its newly announced optical engine, module and light source
products to meet performance requirements, the failure to
manufacture products on a timely basis or at all, the failure of
its optical engines, module or light source products to attract the
attention of customers and end-users, the failure of its products
or its customer's products to achieve market penetration,
operational risks including the ability to attract key personnel,
the failure to protect its intellectual property, and the ability
to raise additional capital. Although the Company believes that the
expectations reflected in the forward-looking information or
statements are reasonable, prospective investors in the
Company's
securities should not place undue reliance on forward-looking
statements because the Company can provide no assurance that such
expectations will prove to be correct. Forward-looking information
and statements contained in this news release are as of the date of
this news release and the Company assumes no obligation to update
or revise this forward-looking information and statements except as
required by law.
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responsibility for the adequacy or accuracy of this release. 120
Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel:
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