News Article

POET Technologies Expects Prototypes In 2016

Operations update establishes new go-to-market plan

POET Technologies, a US developer of monolithic opto-electronic processes, has announced that based on a strong balance sheet it hopes to deliver its first prototypes in 2016.

"We start tomorrow's new quarter with a significantly strengthened balance sheet - with $20.5 million in cash, with only small operational liabilities," said executive co-chairman Peter Copetti in an operations update for investors.

 "We expect these funds to provide about eight quarters of development runway, beyond the point of demonstrating working prototypes within the next year," added executive co-chairman Ajit Manocha.

The company says it is poised to roll out a monolithic opto-electronics process platform that enables  improvements in energy efficiency, component cost and size in the production of smart optical components, driving applications ranging from data centers to consumer products. 

"The company's patented module-on-a-chip process, which integrates digital, high-speed analogue and optical devices on the same chip, is designed to be the next industry standard for smart optical components fabrication," said Manocha.

"By adding electronics functionality to optics - lasers, detectors, IR sensors  - POET powers 'smart' opto-electronic devices that demonstrate step-function improvements in low power performance, cost and size. Specifically applied to short reach VCSEL based transceivers for example, POET could enable up to ten times improvements in power consumption, component cost, and form factor," added the company's CEO Suresh Venkatesan.

"Put simply, that means we make what's on a wafer up to ten times more energy efficient, ten times cheaper and more than ten times smaller," he said.  "And we believe we are the only company that could achieve this level of disruption."

The company claims that its  technology  enables the power of optical communications at potentially similar price points to copper.

"Advances in silicon technology enable hugely efficient computational efficiencies," said Venkatesan. "A single computation, for example, can be completed at fractions of pico-joules of energy. However, transmitting or communicating this piece of information over traditional copper interconnects can consume up to 100 times that energy.

 "While optics can dramatically lower power consumption, we haven't seen any optical solution that has yet been cost-competitive with copper interconnects. The POET platform, when implemented, could change that - thus creating a discontinuity in traditional learning curves. We are providing a truly disruptive technology solution."

The company's initial market focus is short reach and very short reach data communications within data centers. The POET platform may subsequently be applicable to smart optical products with applications ranging from high-reliability defence, aerospace and energy applications to more common consumer devices.

Venkatesan said that the company's business model is expected to include a long-proven mixture of product sales and licensing; organic growth and acquisition; and direct and indirect sales. The company also expects to go to market primarily with partners - both in sales and manufacturing, such as its recent VCSEL manufacturing services agreement with a commercial foundry.

"Our partnerships bring scalable manufacturing and custom VCSEL foundry capabilities that we need to accelerate our lab-to-fab migration," said Venkatesan. "We are on-plan to begin transferring our proprietary technology in this year's Q4, which begins tomorrow - as well as to demonstrate integrated VCSEL prototypes in the second quarter of 2016."

Additionally, the company will be bringing the bulk of its operations to Silicon Valley in Q4  2015.  

AngelTech Live III: Join us on 12 April 2021!

AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and will feature online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.

2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.

We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.

We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.

Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.

Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.



Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
Live Event