Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Quantum Physics

Me thinks at one point in our short history... (or long if you've been here for more than 5 years, right?) ...we had at one time, or at least the perception was that Dr. Taylor & Team PTK were at one point actively pursuing the goal of true quantum computing.

If one were to dig a little deeper they would probably discover the true origins of where and why and what the whossits were the causation of that seventy-plus suggestion.

POET Technologies Adds Key Staff and Files Strategic Patent Applications for POET-Based Quantum Computing  March 31st, 2014

Within a short year we went from the above perceived expectations (no need for reguritated gruel)...to a complete 180°.

Large-Market Focus, Proven Business Model and Facilities Transition Proceeding Ahead of Plan

The Company indicated that its initial market focus is short reach and very short reach data communications, a massive and particularly high-growth sector whose most acute pain points often revolve around power management within data centers. The POET platform may subsequently be applicable to smart optical products with applications ranging from high-reliability defense, aerospace and energy applications to more common consumer devices.

Dr. 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. Typifying the latter is the Company’s 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 Dr. 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 reported that it is ahead-of-plan in consolidating its Toronto-Connecticut-San Jose footprint and bringing the bulk of its operations to Silicon Valley in the Fourth Quarter of 2015. We expect to complete the consolidation in Q1 2016. The company said that the move is expected to result in insignificant one-time charges.

http://www.poet-technologies.com/news/poet-technologies-bolsters-strength-of-balance-sheet-and-sets-product-direction-expects-prototypes-in-2016.html

A short 8 quarters ago we heard this and had this:

"Operations Update Establishes New Go-to-Market Plan (A short 2 years ago we were here @$1.53/$1.48)

San Jose, CA, September 30, 2015 – POET Technologies Inc. (the “Company”) (OTCQX: POETF; TSX Venture: PTK,) developer of monolithically integrated opto-electronics fabrication processes (the “POET technology”), today announced that it has strengthened its unencumbered balance sheet and accelerated its lab-to-fab commercialization initiative in expectation of delivering its first prototypes in calendar 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."

Quantum Computing 2017: https://phys.org/news/2017-05-mystery-quantum.html    and of course the quantum work shared by Hotrod41.

 

best to everyone

 

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