POET · POET Technologies Inc.

POET Technologies and Lumilens have established a strategic partnership through a supply agreement centered on the Electrical-Optical Interposer (EOI), a novel wafer-level integration technology addressing optical bottlenecks in AI infrastructure scaling. This collaboration combines POET's alignment-free optical engine production with Lumilens' next-generation chipsets and manufacturing, enabling enhanced performance, density, and capital-efficient high-volume production for AI data centers. The $50 million initial purchase order marks the commercial launch, with potential expansion to over $500 million in purchases over five years, directly tying POET's revenue growth to hyperscaler demand. The warrant structure aligns long-term incentives, vesting additional shares based on cumulative payments, providing non-dilutive capital potential at $8.25 per share. CEO comments emphasize semiconductor-style scalability for optical engines, targeting a multi-year roadmap from 800G/1.6T pluggables to advanced Near-Package and Co-Packaged Optics. While fulfillment hinges on development success, qualification, and manufacturing ramp—with samples in late 2026 and production in 2027—this deal positions POET as a key supplier in the high-growth AI optical interconnect market, potentially transforming its revenue trajectory.