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: POET Technologies Reports Third Quarter 2018 Financial Results

Seems like this will bear fruit over the next 6 months despite the fact cash is very tight at the moment.

POET's Chief Executive Officer, Dr. Suresh Venkatesan, commented, "We are making solid progress in expanding sales of our sensing product lines and improving our development and operational capabilities across the board. We remain on track for introducing Optical Interposer-based products in the first half of 2019, now to include both receive-only and transmit-receive solutions. We are most excited about the opportunities resulting from our recently announced orders from data and telecommunications industry leaders, as they represent significant customer engagements with meaningful near-term and long-term growth potential. These customers were won over by the benefits of POET's Optical Interposer solutions to reduce cost and power consumption while at the same time improving performance. We will provide increasingly integrated components to these customers, beginning with lasers and detectors on the Optical Interposer platform, and we expect multiple versions of these compo nents to be included in our customers' product offerings. Our ability to deliver disruptive cost reductions to our customers for production contracts, enabled by our innovative Optical Interposer technology, was key to winning these orders. We believe that we are working with more highly-strategic customers than ever before, positioning us for growth and the realization of our strategic objectives."

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