“Now that the Company has a strong balance sheet, we can confidently plan for our future, by streamlining the organization with a laser focus on securing design wins, delivering products and taking volume production orders from customers,” said Dr. Suresh Venkatesan, Chairman & Chief Executive Officer of POET. “We fully expect that the partnerships and customers that we have announced over the past few months will mature into module designs that will qualify with end users and convert to optical engine revenue later this year and into 2025, with ultra-high growth in the years to follow.”

The market will do what the market will do but this PR shows the confidence Poet has in its development and how positive they are in near term contracts and how they will fill their orders. This is a far cry from the Poet we saw last Nov/Dec. I am truly satisfied with our position right now and look forward to great things to come. Others will realize the same thing because it's coming.