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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The point is this is kind of the first time they have given us an indication of production numbers and as you can see from the very small number of 8 inch wafers that make up those numbers it really equates to a tiny fraction of the typical production of the average fab. I think the ramp up into profitability is going to be very quick compared to something like Ballard Power that has a Market Cap of over $12 billion and still is not profitable after decades. Remember that POET's CAPEX is 1/10th of conventional players in their field. Which really means profitability can be reached very quickly and the company should command a very high multiple once the big investment firms have been positioned. 

Out of a typical fab capacity of 40,000 wafers per month POET uses 214 assuming no waste to make 100,000 optical engines and it looks like they will reach that next year out of just the SuperP facility? Lots of room for growth. We said we wanted to see years leading up to the $250 million per application. That is what we got. And since we are told this is the lowest cost solution with above average performance and so on well it should not take long to ramp to much higher numbers.

  10000 100000     10000 100000
cost/engine $50 $50   die per wafer 467 467
month $500,000 $5,000,000   monthly wafer production 21 214
annual $6,000,000 $60,000,000   annual wafer production 257 2570
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