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."

Global wave services market grows as 39 new hyperscaler data centers are expected before the end of...
Zayo Europe has delivered a 100G Wavelength network for fellow infrastructure provider GNM in just...
Launches Private 5G Network for enhanced urban connectivity.
The VAST AI Operating System, now paired with Cisco UCS and Nexus platforms, and the Hyperfabric AI...
A new proposal for long-haul optical network cables will ‘break through the glass ceiling’ of...
AI could double the strain or solve it.
Connecting the Middle East and Europe via Iraq, the digital terrestrial corridor provides an...
Network and security services specialists continue international growth with opening of expanded...