POET and A*STAR Launch Joint Development
POET Technologies, a developer of opto-electronics fabrication processes, has announced an R&D initiative for future generations of smart pixels and other applications in association with the Institute of Materials Research and Engineering (IMRE), a part of the Singapore-based Agency for Science, Technology and Research (A*STAR).
The 18-month project, jointly funded by POET and IMRE, is designed in part to adapt the POET platform to potential applications in smart pixel technology for the Augmented Reality market.
Additional aspects of the initiative include enhancing POET's GaAs process technology platform, as well as the research and development of novel GaN epitaxial growth technologies to potentially support integrated opto-electronic light engines for the smart lighting market.
With this initiative, POET expects to expand its IP portfolio and roadmap, and enrich its III-V applications suite. POET will have joint ownership of any developed Intellectual Property (IP) with IMRE, with a right of first refusal related to exclusive rights to any developed IP.
"We are gratified to be partnering with an esteemed global leader like IMRE in advancing our disruptive and enabling process technology," said POET CEO Suresh Venkatesan.
"The unique aspect of the POET process platform is its versatility in supporting multiple applications. This joint initiative is also significant as a great stride toward developing alternate applications and developing the POET Roadmap beyond the inaugural addressable market of Data Communications."
