Demonstrates versatility of Optical Interposer Platform and adds new revenue streamTORONTO, Jan.31, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc.("POET" or the "Company") (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for Artificial Intelligence networks, announces that it has signed an agreement to develop a novel optical engine for use in a high-frequency securities trading operation for a global capital markets firm.
Such statements include the Company's expectations with respect to the success of the Company's product development efforts, the performance of its products, 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 and expectations regarding its successful development of high-frequency trading solutions and its penetration of the Artificial Intelligence hardware markets.
POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.
The story "POET Engaged by Global Financial Services Leader to Develop Custom Optical Engine" has 846 words across 24 sentences, which will take approximately 4 - 8 minutes for the average person to read.
Which news outlet covered this story?
The story "POET Engaged by Global Financial Services Leader to Develop Custom Optical Engine" was covered 10 hours ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 25 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
