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."

Telxius enhances subsea cable deployments with comprehensive end-to-end services, ensuring...
6G@UT collaborates with Keysight Technologies to explore digital twins, reshaping wireless and...
Nokia partners with Keysight to demonstrate cutting-edge UET integration in AI-ready data center...
Evolve Business Group appoints Will Clowes as CRO to spearhead expansion and enhance growth...
Viettel partners with Ciena to boost its optical network, expanding capabilities for Vietnam's...
The numbers are in, and they paint a picture of transformation at unprecedented scale. As MIT's...
The IOEMA Project anchors its subsea fiber optic cables at Greenhouse Datacenters, reinforcing the...
ProLabs unveils its innovative optical solutions at SCTE TechExpo25, promising to redefine network...