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Poet Technologies Inc (2)
Symbol PTK
Shares Issued 36,610,940
Close 2022-04-18 C$ 7.60
Market Cap C$ 278,243,144
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Poet joins NUS's SHINE centre as founding member

2022-04-19 09:58 ET - News Release

Dr. Suresh Venkatesan reports

POET TECHNOLOGIES JOINS NEW CENTER FOR PHOTONICS INTEGRATION AS FOUNDING MEMBER

Poet Technologies Inc. has joined the Singapore Hybrid-Integrated Next-Generation Microelectronics (SHINE) Center in the College of Design and Engineering at the National University of Singapore (NUS).

"The vision for SHINE comes from professor Aaron Thean, dean of the College of Design and Engineering, with whom Poet has worked for a number of years on certain engineering challenges, and more recently professor Lim Yeow Kheng, who joined the faculty about two years ago from STATS ChipPAC Pte. Ltd.," said Dr. Suresh Venkatesan, chairman and chief executive officer of Poet Technologies. "We are delighted to be a founding member of SHINE, as it brings together equipment and expertise that NUS and companies in the consortium may use, independently and confidentially, to develop advanced processes and manufacturing techniques for hybrid integration of photonics devices. The systems, scientific instruments and engineering staff at NUS complements well our existing operation in Singapore, especially in the area of 2.5-D and 3-D semiconductor manufacturing. We plan to use the SHINE Center to design and manufacture optical interposer-based solutions for several new vertical markets, consistent with the mission of SHINE, including applications in sensing and the Internet of things (IoT)."

The mission of the SHINE Center is to address fundamental issues arising in IoT microelectronics and to engage industry players during the development cycle, to eventually translate the technology to industry. A strong team formed by top-notch professors across the world from NUS, NTU, University of California Berkeley and Northeastern University, A*STAR Institute of Microelectronics (IME) and DSO National Laboratories (DSO) will be actively involved as research participants. Other members of the consortium currently include Advanced Micro Foundry (AMF), Applied Materials, Cadence Design System, Continental Automotive and SOITEC. James Lee, vice-president and general manager of Poet's Singapore subsidiary, has played a key role in the conception of the Consortium and will lead several projects on behalf of the company. SHINE is expected to have a partnership launch and inaugural technical workshop in June.

About Poet Technologies Inc.

Poet Technologies is a design and development company offering integration solutions based on the Poet Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multichip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. Poet's Optical Interposer eliminates costly components and labour-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. The cost-efficient integration scheme and scalability of the Poet Optical Interposer brings value to any device or system that integrates electronics and photonics, including some of the highest growth areas of computing, such as artificial intelligence (AI), the Internet of things, autonomous vehicles and high-speed networking for cloud service providers and data centres. Poet is headquartered in Toronto, with operations in Allentown, Pa., Shenzhen, China, and Singapore.

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