Dear Friends,
In Q2 of 2025, POET executed on our decision to move our optical engine assembly and testing facilities out of China and into Malaysia. We opened the doors to an 8,000-square-foot space in Malaysia that holds state-of-the-art equipment and provides every tool necessary to produce 1 million POET optical engines per year. Those engines will drive the next generation of hardware devices for the AI and data center markets.
The manufacturing center in Penang asserts the company’s aggressive shift into commercialization. We can scale up to meet the demand from our customers who are seeking to rapidly improve AI and data center connectivity.
Located inside of Globetronics’ massive building, the POET production floor features 25 units of equipment and a growing team of exceptional engineers. They work closely with our Asian headquarters in Singapore to bring scalable wafer-level innovation based on the POET Optical Interposer™ to reality. We also added NationGate, the largest electronics manufacturing services provider in Malaysia, as an additional assembler of our external light source products.
Our publicly announced customers have already received samples of our optical engines and light sources, and are evaluating how they integrate with their own devices. As the second half of 2025 begins, we expect purchase orders to arrive as end-user customers qualify our partners’ optical modules. With two qualified sub-contractors in place, we are in a good position to add additional manufacturing capacity to meet any further demand past the current level of 1 million units.
You can see a video of our manufacturing facility in action here.
Our products at the cutting-edge of the optoelectronics industry have received praise from our customers and industry observers. We just received our second consecutive AI Breakthrough Awards win, earning Best AI Hardware Innovation for POET Teralight™, our line of 1.6T ultra-high performance optical engines.
In less than three months, POET transformed our production resources into a full wafer-scale operation. Now, we are ready to launch the next stage of our journey. It will be the most exciting phase yet. We have just successfully concluded our Annual General and Special Meeting and are ready to pursue a fortuitous next 12 months.
As always, thank you for your continued support and belief in POET.
