POET: 2024 Could Be The Year For The Tide To Turn [Seeking Alpha]
POET Technologies Inc. (POET)
Company Research
Source: Seeking Alpha
The company also aims to deliver photonics solutions for the AI market and has signed a partnership and sales agreement with Celestial AI. It expects a $19 billion TAM by 2029 and plans to expand into other markets such as LIDAR and AR/VR. Considering the technological potential, the stock appears cheap and has multi-bagger potential but the company needs to strengthen its cash position while keeping dilution at acceptable levels. In the early 2010s, POET Technologies ( NASDAQ: POET ) used to aim at developing an entirely new type of chips, based on gallium arsenide, to revolutionize the world - and failed. After taking over in 2015, Suresh Venkatesan (CEO) soon realized the technology's potential for the photonics market, decided to go for a different set of products and steered the company towards chip scale photonics solutions. With its optical interposer, the company has now developed the world's first wafer-level integration of electronics and photonics into a single devic
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POET
News
- POET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional Investor [Financial Post (Toronto, Ontario, Canada)]Financial Post
- POET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional Investor [Yahoo! Finance]Yahoo! Finance
- POET Announces CAD$10 Million Non-brokered Financing [Yahoo! Finance]Yahoo! Finance
- POET Announces CAD$10 Million Non-brokered Financing [Financial Post (Toronto, Ontario, Canada)]Financial Post
- POET Augments Investor Outreach Efforts and Announces Management Role Change [Yahoo! Finance]Yahoo! Finance
POET
Earnings
- 11/14/23 - Miss
POET
Sec Filings
- 5/8/24 - Form SC
- 5/3/24 - Form 6-K
- 4/29/24 - Form 6-K
- POET's page on the SEC website