Latest POET Technologies News & Updates

See the latest news and media coverage for POET. We track all announcements, press releases, and industry mentions in real time, all in one place.

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POET Technologies (POET)

Developer of optical interposer technology

poet-technologies.com
Headquarters
Toronto, Canada
Company type
Public company
Number of employees
70–200

Last updated

Latest news about POET Technologies (POET)

In short: POET Technologies faced multiple class action lawsuits and a major contract cancellation despite securing a $400 million investment for AI expansion.

Company announcements

POET

POET Technologies announces cancellation of Celestial AI purchase orders

Marvell Semiconductor, which acquired Celestial AI, canceled the orders due to confidentiality breaches. The company continues fulfilling other customer orders, including a $5 million purchase.

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Media coverage

Yahoo Finance

POET Technologies Lawsuits Heighten Legal Risk And Raise Disclosure Questions

Multiple securities class action lawsuits have been filed against POET Technologies (NasdaqCM:POET). The suits allege misleading statements about its tax status, business agreements, and internal...

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