Poet Technologies Inc. (TSE:PTK) has released an update.
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POET Technologies Inc. is joining forces with MultiLane Inc. to create innovative high-speed pluggable transceivers for AI and cloud data center markets, aiming to offer cost-effective, power-efficient modules with speeds up to 3.2T. This collaboration will leverage POET’s optical technology and MultiLane’s testing capabilities to accelerate product development. With an eye on a growing market projected to reach $1.7 billion by 2027, the partnership expects to roll out initial samples by late 2024.
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