SV has delivered a heck of a lot on shoestring budgets. There needs to be capital infusion. Although a CAI+POET merger would solve that, there is another consideration that was touched upon in the past that is becoming a stronger possibility triggered by the last NR regarding the Singapore focus.
POET Technologies in Singapore is a subsidiary, not a branch location, which enabled it to become a registered private company in Singapore. The Singapore government and the SHINE consortium and founding member POET could have a stunning announcement in plan.
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From the B&C archives:
POET Revenue: (from SHINE announcement Jan 19th, 2022)
SV "We plan to use the SHINE Center to design and manufacture Optical Interposer-based solutions for several new vertical markets, consistent with the mission of SHINE, including applications in sensing and the Internet of Things (IoT).”
James Lee, Vice President and General Manager of POET’s Singapore subsidiary, has played a key role in the conception of the Consortium and will lead several projects on behalf of the Company."
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Somewhere in the past SV said "The Singapore location is now more of a production location than a developmental one".
Has everything come together and about to be revealed?