There's a slight confusion on the board of where POET stands at the moment.. Let me try and shed some light.

Uconn Lab - Where POET all started. It was pre-devellopment lab, outdated, served it's purpose at the time.

No longer operational:

"The Company’s Connecticut laboratory will cease operations on October 30, 2015, ahead of the previously expected completion date in the first quarter of 2016."

http://www.poet-technologies.com/wp-content/uploads/2015/11/NR-2Nov2015-RobertFerri-Final.pdf


San Jose Lab(2550 Zanker Road) - This "Lab" is a "Golden Test Facility Lab", they have some equipment at the "Lab", however, it's main purpose is to test incoming wafers from Wavetek and/or Epiworks. From my understanding they do not produce anything at this "Lab", it's a testing site where they measure and correct incoming finished wafers to see if they're up to par with the POET standards.

http://www.poet-technologies.com/wp-content/uploads/2015/11/NR-2Nov2015-RobertFerri-Final.pdf

Wavetek - This is a pure-play foundry, meaning POET's designs are manufactured at this facility, wafers from Epiworks are received at Wavetek and Wavetek "prints" POET's designs on these said wafers.

Side note: We've speculated before that Wavetek could have the ability through it's subsidaries to manufacture the POET enabled wafers as well, no confirmation of this however.

http://www.poet-technologies.com/poet-partners-with-wavetek-cites-promising-initial-results/

Denselight - "DenseLight will provide POET with a fab infrastructure for future product development"

Here, POET has the capability to design and "print" on wafers. Although this Fab is nothing compared to the volume Wavetek can output, it's a secured Lab, to be owned by POET for development. What will they do with this "Fab" will hopefully be revealed in the upcoming Town Hall Meeting. This however is the true "Lab/Fab" combo, with presumably all the bells and whistles they need for R&D and low capability production under the same roof.

https://en.wikipedia.org/wiki/Semiconductor_fabrication_plant