๐ข ๐๐๐๐ ๐๐: $POET Tech(POET.US) POET Reaffirms Production Ramp, Targets 1 Million Monthly Units by 2027
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค POET expects ๐ฏ๐จ๐ฅ๐ฎ๐ฆ๐ ๐ฌ๐ก๐ข๐ฉ๐ฆ๐๐ง๐ญ๐ฌ of optical engines to begin in ๐๐ ๐๐๐๐.โค Production capacity is targeted to reach ๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง units per month by ๐๐ง๐-๐๐๐๐.โค POET raised ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in equity, with up to ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง more through warrants.โค Company plans an initial ๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง capital equipment investment in ๐๐ ๐๐๐๐.โค POET Blazarโข remains on schedule for ๐ฅ๐๐ซ๐ ๐-๐ฌ๐๐๐ฅ๐ deployment in ๐๐๐๐.โค More than ๐๐ active customer engagements could generate ๐จ๐ฏ๐๐ซ ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in annual revenue.โค Recent wins include the ๐๐ฎ๐ฆ๐ข๐ฅ๐๐ง๐ฌ agreement, an ๐๐๐๐ optical engine order, and a new ELS NRE contract.โค POET plans to expand its workforce by ๐๐๐จ๐ฎ๐ญ ๐๐ employees from the current ๐๐๐.๐ ๐๐ก๐ฒ ๐๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ฌ:โค Production ramp positions POET for growing ๐๐ and hyperscale data center demand.โค Capacity expansion supports potential ๐ซ๐๐ฏ๐๐ง๐ฎ๐ growth from existing customer pipeline.โค Strong capital position enhances manufacturing scale and ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐ก๐๐ข๐ง resilience.The copyright of this article belongs to the original author/organization.
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