Re: Plain & Simple.
in response to
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posted on
Aug 18, 2015 03:09PM
Back in March we had this news release
"POET Technologies Inc. (the "Company") signed a contract with BAE Systems under which BAE Systems will provide non-exclusive third-party foundry services in support of the Company's "Lab-to-Fab" transition plan. The current phase of the work will be performed between March 2015 and August 2015. Key objectives of the collaboration include process transfer, prototype builds and design enablement kit development. Using BAE Systems' ISO Certified manufacturing facility will improve the quality, process control and analytical capacity of prototype builds. The result will be both a more manufacturable process and improved optimization of the device structures included in the POET technology."
Last week (Aug 12) we had this
"The core source of technology differentiation has been validated in the laboratory at the University of Connecticut, and with that the Company is positioning itself to take its technology to the commercialization phase. The Company has, for the first time, engaged commercial epitaxial wafer suppliers in providing wafers with the unique and proprietary POET epitaxial stack. While comprehensive discussions are underway with a number of potential foundry and epitaxial wafer partners, we have recently signed memorandums of understanding with some of these companies and expect to continue this process. This should accelerate the lab-fab transition, utilizing state of the art processes that position the Company for success in defined commercial markets. "We are pleased to be working with well-established companies as both our foundry partners and as suppliers of our proprietary epitaxial wafers," said Dr. Venkatesan. "We are focused on monetizing the technology in existing and proven high growth markets where the disruptive technology innovations will provide a relevant and sustained source of competitive differentiation. We will be communicating the vision, objectives and accelerated drive to product realization around the end of September."
This is moving quickly to some kind of resolution and contracts and in the time frames suggested above. ......Lab-to -Fab transition made ready as we speak