POET Technologies

POET Technologies is an Ontario-based semiconductor company that designs and develops optical interposers for the energy industry. Read more

Suresh Venkatesan's photo - Chairman & CEO of POET Technologies

Chairman & CEO

Suresh Venkatesan

CEO Approval Rating

74/100

Founded:

1972

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangePTK

POET TECHNOLOGIES TOP COMPETITORS OR ALTERNATIVES

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Solantro is one of POET Technologies's top rivals. Solantro was founded in Ottawa, Ontario} in 2009. Like POET Technologies, Solantro also competes in the Semiconductors & Semiconductor Equipment space. Compared to POET Technologies, Solantro generates $573.6K more revenue.

Ranovus is POET Technologies's #2 competitor. Ranovus was founded in 2012, and is headquartered in Ottawa, Ontario. Like POET Technologies, Ranovus also operates in the Semiconductors & Semiconductor Equipment space. Ranovus generates $826.4K less revenue vs. POET Technologies.

IGNIS is a top competitor of POET Technologies. IGNIS's headquarters is in Waterloo, Ontario, and was founded in 2000. Like POET Technologies, IGNIS also works within the Semiconductors & Semiconductor Equipment sector. IGNIS generates 112% of POET Technologies's revenue.

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POET Technologies Quarterly and Annual Revenue

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Annual Revenue

$4.4M

POET Technologies's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 5.2M.

POET Technologies Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
BB Photonics

May 2016

Source »
undisclosed
BB Photonics is a designer of integrated photonic solutions for the data communications market

These are all the companies that POET Technologies has acquired. POET Technologies' latest acquisition was BB Photonics in May 2016. BB Photonics is a designer of integrated photonic solutions for the data communications market

POET Technologies Funding History

Since POET Technologies was founded in 1972, it has participated in 6 rounds of funding. In total POET Technologies has raised $15.1M. POET Technologies' last funding round was on Feb 2021 for a total of $12.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Private Placement
Feb 2021
$12.5M
-
IPO
Dec 2020
--

Debt
Sep 2019
$137.1K
-
Debt
Aug 2019
$416.1K
-
Private Placement
Jun 2019
$637.5K
-

Since POET Technologies was founded in 1972, it has participated in 6 rounds of funding. In total POET Technologies has raised $15.1M. POET Technologies' last funding round was on Feb 2021 for a total of $12.5M

POET Technologies Investments

No recent investments found related to POET Technologies

These are all the companies that POET Technologies has invested in. POET Technologies' latest investment was BB Photonics in May 2016. BB Photonics is a designer of integrated photonic solutions for the data communications market

POET Technologies News

May 27, 2021MarketScreener

(Unaudited and Expressed in US Dollars) (Form 6-K)

(marketscreener.com) POET TECHNOLOGIES INC. POET TECHNOLOGIES INC. CONDENSED CONSOLIDATED STATEMENTS ... See more »
April 22, 2021Semiconductor Today

POET enters telecom market with 100G LR4 optical engines

POET Technologies Inc of Toronto, Ontario, Canada - a designer and developer of the POET Optical Inte... See more »
April 6, 2021Markets Insider

POET Technologies to Participate at Upcoming Virtual Financial Conferences

TORONTO, April 06, 2021 (GLOBE NEWSWIRE) -- POET Technologies, Inc. (OTCQX: POETF; TSX Venture: PTK) ... See more »
April 2, 2021Semiconductor Today

POET's losses rise in Q4 due to increased R&D spending

POET Technologies Inc of Toronto, Ontario, Canada - a designer and developer of the POET Optical Inte... See more »
March 31, 2021MarketScreener

Year End Management Discussion and Analysis

(marketscreener.com) Management's Discussion and Analysis For the Year Ended December 31, 2020 POET T... See more »

POET Technologies Press Releases

December 9, 2020GlobalNewswire

POET Launches Campaign with AGORACOM for Online Marketing and Social Media Engagement

TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSX Vent... See more »
August 28, 2020StreetInsider

POET Technologies Provides Highlights from Annual General and Special Meeting

TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET or the Company) (TSX Venture:... See more »
August 20, 2020GlobeNewswire

POET Technologies Reports Second Quarter 2020 Financial Results

TORONTO, Aug. 20, 2020 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSX Vent... See more »
April 30, 2020StreetInsider

POET Technologies Reports Full Year 2019 Financial Results

TORONTO, April 29, 2020 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET or the Company) (OTCQX: POET... See more »
March 30, 2020GlobalNewswire

POET Technologies Confirms Receipt of Scheduled Payment

TORONTO, March 30, 2020 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (OTCQX: ... See more »
April 30, 2019GlobeNewswire

POET Technologies Reports Full Year 2018 Financial Results

SAN JOSE, Calif., April 30, 2019 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company")... See more »
April 4, 2019GlobeNewswire

POET Technologies Closes First Tranche of Convertible Debentures

NOT FOR DISSEMINATION TO U.S. NEWSWIRES OR DISCLOSURE IN THE UNITED STATES... See more »

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POET Technologies Headquarters

120 Eglinton Avenue East Suite 1107

Toronto, OntarioM4P 1E2

416-368-9411

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POET Technologies Summary

ABOUT

Overview

POET Technologies is an Ontario-based semiconductor company that designs and develops optical interposers for the energy industry. POET Technologies was founded in 1972. POET Technologies' headquarters is located in Toronto, Ontario, CA M4P 1E2. It ha...

CEO

POET Technologies's Chairman & CEO, Suresh Venkatesan, currently has an approval rating of 74%. POET Technologies's primary competitors are Solantro, Ranovus & IGNIS.

Frequently Asked Questions about POET Technologies

  1. When was POET Technologies founded?

    POET Technologies was founded in 1972
  2. Who is POET Technologies's CEO?

    POET Technologies's CEO is Suresh Venkatesan
  3. How much revenue does POET Technologies generate?

    POET Technologies generates $4.4M in revenue
  4. How much funding does POET Technologies have?

    POET Technologies has historically raised $15.1M in funding
  1. Where is POET Technologies's headquarters?

    POET Technologies's headquarters is in Toronto Ontario, CA
  2. How many employees does POET Technologies have?

    POET Technologies has 25 employees
  3. What sector does POET Technologies operate in?

    POET Technologies is in Semiconductors & Semiconductor Equipment
  4. Who are POET Technologies's competitors?

    POET Technologies's top competitors are Solantro, Ranovus, IGNIS