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0 0.00149187592319061 -0.00737075332348597 -0.0124076809453471 -0.0181536189069423 -0.0155096011816838 0.0147710487444609 0.0583456425406204
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POET Technologies Announces Closing of US$75 Million Investment to Accelerate Growth in AI Connectivity Solutions [Canadian Business Journal (Canada)]

POET Technologies Inc. (POET) 
TORONTO, Oct. 07, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“CorporationInvestmentThis represents the largest single investment in POET’s history.   The Corporation intends to use the net proceeds from this investment for corporate development, including targeted acquisitions, scaling up of R&D, acceleration of the light source business, expanding operations and general working capital.“The massive growth of AI infrastructure represents an unprecedented opportunity for which POET is well-prepared,” said Dr. Suresh Venkatesan, Executive Chairman & Chief Executive Officer of POET. “Our base thesis has always been to provide a flexible integration platform for cutting edge technologies and to scale those advanced solutions rapidly and economically. With a war chest of over $150 million in cash and no significant debt, we are now able to scale up our own growth ambitions in the market for advanced AI hardware solutions. This includes investments and targeted acquisitions to secure o Show less Read more
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