POET engaged to develop custom Optical Engine

Demonstrates versatility of Optical Interposer Platform and adds new revenue stream.

POET Technologies 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. High-frequency trading (“HFT”) is a type of automated trading that uses powerful computers to execute a large number of trades in fractions of a second.

The multi-phase project is a pioneering effort to increase the speed and decrease the latency inherent in current transceiver solutions utilized by securities trading operations. The first phase of the project will begin immediately with POET designing prototypes of POET Optical Interposer–based transceiver engines built to meet the customer’s specification. Subsequent phases include building additional prototypes and, if successful, production optical engines customized for this application.

"We are delighted to have embarked on this ambitious project with a global leader in HFT," commented Raju Kankipati, Chief Revenue Officer of POET. "This project generates revenue for POET this year and demonstrates the versatility of the POET Optical Interposer and the entry into a new, related market space by the Company."

Nokia secures a three-year deal with Telecom Italia to expand Italy's 5G network, incorporating AI...
Zenture Partners joins forces with Momentum, enhancing telecom lifecycle management with...
Axians UK launches Theia OaaS to offer real-time visibility across IT and OT, addressing digital...
Home Bargains partners with Evolve Business Group to offer secure and resilient network solutions...
Keysight unveils PNT Xe, enhancing GNSS testing access and performance across development stages.
Discover Pfannenberg's innovative thermal management and signaling solutions at SPS 2025 in...
DE-CIX propels Deutsche Glasfaser into the future with 800GE connectivity, marking a landmark in...
Nokia teams up with LMT to integrate advanced 5G technology into tactical defence systems,...