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: Zacks Write Up

And a few other key points from the report that will hopefully draw in some new investment, the remainder of the week's trading will be telling on this front, IMO.

 

"In Q4 we expect big technology announcements which will show the company has been able to do what no one has been able to do before and that its products are achieving metrics not previously achieved. This should spur even further interest from industry players."

"The Holy Grail in photonics is cost reduction (through efficiencies in process and materials) combined with lower power consumption. Throw in a smaller size, and higher performance, and customers should beat a path to your door."

"POET hopes to disrupt the current market for photonics devices and have its Optical Engine platform become the standard in the industry."

"If we say the joint venture is able to reach $200 million in revenues by then (2025) and the rest of the business can ramp to $100 million that would be $200 million in revenues for POET in 2025. Using 9.2xs gives us an enterprise valuation of C$1.84 billion, a market value of C$1.90 billion or C$6.09 per share by 2024"

 

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