Poet Technologies Inc (POET)

[prototype_101]

Key quotes from Vivek: "I’m equally excited about joining POET and this new role helping to drive the company’s ongoing efforts to fundamentally change how most of my peers currently think about the optical industry."

"I helped to identify and lead a series of strategic and complimentary acquisitions by MACOM in the optical space that eventually became the Lightwave Business Unit."

"So after multiple discussions with Suresh about a potential role at the company, I became increasingly convinced that POET represented a unique opportunity to change the optical industry. Following the divestiture of DenseLight the company could still be considered early-stage in terms of achieving full commercialization and revenue yet, at the same time, it has several huge advantages compared to most early-stage opportunities. The company is in the final validation phase of commercializing a new technology platform. POET has, and is actively working with, a lead tier-one strategic networking customer. The technology is poised to be highly disruptive in the data-center and 5G markets. It’s providing a wafer-level integration platform (that’s?) a game-changer and expandable to other applications such as IoT and LIDAR. And: strength and expertise of the existing team. These advantages, as well as being a part of the ground-floor team, with line-of-sight to fully commercializing and bringing truly disruptive technology to market was too compelling of an opportunity to pass up."

"Now to describe what Suresh and I believe to be the strategic growth objectives for the company. Firstly, commercializing the platform and cultivating additional strategic tier-1 customers. Developing new optical devices and creating a menu of functional components. Finally, extending the market and customer base beyond the data-center to adjacent applications and markets. In my several years of dealing with the hyper-scale cloud customers, and the leading optical networking equipment vendors, it is clear to me that they are looking for a true integration platform that can provide them the viable cost and scale comparable to the semiconductor supply-chain, and being able to bring next-generation technology to commercialization in a rapid and cost-effective manner."

So only 3 months after the cc, enjoying the transcript is music in my ears. And the 3 &19 Feb 2020 NRs are just the first key steps confirming the information provided by Vivek during the cc.

https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/737339-the-move/messages/2259017#message