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POET Engaged by Global Financial Services Leader to Develop Custom Optical Engine

Jan 31, 2025 - financialpost.com
POET Technologies Inc., a leader in optical engine design, has signed an agreement to develop a custom optical engine for a global capital markets firm specializing in high-frequency trading (HFT). This project aims to enhance the speed and reduce the latency of current transceiver solutions used in securities trading. The initial phase involves designing prototypes of transceiver engines based on POET's Optical Interposer platform, with subsequent phases focusing on building additional prototypes and potentially producing customized optical engines. This collaboration is expected to generate revenue for POET and demonstrates the versatility of their Optical Interposer technology.

POET Technologies offers high-speed optical modules and light source products for AI systems and hyperscale data centers. Their patented Optical Interposer platform integrates electronic and photonic devices into a single chip, providing cost-effective, power-efficient, and scalable solutions. The company is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. The project with the HFT firm marks POET's entry into a new market space, showcasing their technology's potential in AI hardware and high-frequency trading applications.

Key takeaways:

  • POET Technologies Inc. has signed an agreement to develop a novel optical engine for a high-frequency securities trading operation.
  • The project aims to increase speed and decrease latency in current transceiver solutions used by securities trading operations.
  • POET's Optical Interposer platform allows seamless integration of electronic and photonic devices into a single chip, offering lower cost and power consumption.
  • The project is expected to generate revenue for POET and demonstrates the versatility of their Optical Interposer technology.
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