POET Technologies and Liobate Technologies Collaborate on Ultra-High-Performance Photonic Integrated Circuits

TORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced a collaboration with Liobate Technologies to incorporate advanced Thin-Film Lithium Niobate (“TFLN”) modulators onto POET’s Optical Engines supporting power-efficient ultra-high-bandwidth electro-optic conversion for data center and telecom applications. This multi-phase, co-development project is initially focused on delivering and commercializing a POET 400/800Gps Transmit and Receive Optical Engine.

“We are very pleased to be working with one of the leading companies in TFLN modulators,” said Dr. Suresh Venkatesan, Chairman and CEO of POET Technologies. “Of all the materials currently under development for high-speed modulators, including monolithic silicon, indium phosphide and advanced polymers, we believe that TFLN offers the most promise for early commercial deployment and potential long-term success. The POET Optical Interposer platform is a hybrid integration platform, which provides the flexibility to utilize the most appropriate modulator for specific applications.  We are pursuing multiple paths for light modulation, including silicon, TFLN-based electro-optic modulators, as well as Directly Modulated Lasers (DML) that do not require a separate modulating device.  Our goal is to match components to the superior optical and electrical performance characteristics of the POET Optical Interposer, enabling POET to introduce ground-breaking performance in Optical Engines and Optical Interposer-based photonic integrated circuits for high-speed transceivers and co-packaged optics applications.”

Historically, Lithium Niobate has been one of the most mature, reliable and low-cost substances used in modulators, but because of its bulk and low power efficiency, it has not been widely used in high-speed, high-density optical interconnects in cloud datacenters. Known for its inherent high bandwidth, low insertion loss, nonlinear optical qualities and extreme reliability, it was not until the recent development of Thin-Film Lithium Niobate by a small number of companies globally that the use of this material is now enabling new applications in millimeter wave data communications, telecommunications, sensing and quantum computing.

About POET Technologies Inc.
POET Technologies is a design and development company offering integration solutions based on the POET Optical Interposer™ a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. POET’s Optical Interposer eliminates costly components and labor-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. The cost-efficient integration scheme and scalability of the POET Optical Interposer brings value to any device or system that integrates electronics and photonics, including some of the highest growth areas of computing, such as Artificial Intelligence (AI), the Internet of Things (IoT), autonomous vehicles and high-speed networking for cloud service providers and data centers. POET is headquartered in Toronto, with operations in Allentown PA, Shenzhen, China and Singapore. More information may be obtained at www.poet-technologies.com.

This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, its co-development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products.

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