POET Technologies Signs Lumilens Pact Featuring $50 Million Starter Order for AI Photonics

Overview

• POET and Lumilens agreed to a joint development and supply deal to build wafer‑level photonics for advanced AI infrastructure.
• The program centers on an Electrical‑Optical Interposer that aims to remove labor‑heavy alignment steps to enable high‑volume, lower‑cost production.
• Lumilens placed an initial $50 million purchase order, with potential purchases topping $500 million over five years if products qualify and scale.
• POET granted Lumilens a nine‑year warrant for about 22.9 million shares at $8.25 that vests in stages tied to future buying milestones.
• The roadmap spans 800G and 1.6T pluggable transceivers to near‑package and co‑packaged optics, with sample units targeted for late 2026 and a production ramp in 2027.