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21 February 2019

POET teams with MillView Photonics to establish collaborative design center in Ottawa

POET Technologies Inc of Toronto, Canada and San Jose, CA, USA — a designer and manufacturer of optoelectronic devices, including light sources, passive waveguides and photonic integrated circuits (PIC) for the sensing and datacom markets — has entered into an agreement with MillView Photonics Inc to establish a collaborative design center in Ottawa, Ontario, Canada.

MillView was established two years ago by Dr Trevor J. Hall (professor in the School of Electrical Engineering & Computer Science and founding director of the Centre for Research in Photonics at the University of Ottawa). Along with his team, which includes senior passive component designer Peng Liu, senior active component designer Mihail Dumitrescu, and supported by doctoral and postdoctoral graduate engineers, MillView serves clients in photonics research, simulation, design and process development.

The agreement gathers in one lab the MillView team (including Hall), additional staff from MillView, and three PhD-level photonics engineers from POET. The team is also supported by POET’s senior VP Dr William Ring and additional POET design engineering resources.

“MillView Photonics was founded along the same model as Cambridge Consultants where I worked on my return to Cambridge following PhD studies at University College London, UK,” says Hall. “Cambridge Consultants tapped into a vast reservoir of talent to solve real-world design and engineering challenges utilizing academic/industry partnerships. MillView is similarly situated to bring in the specific talent needed to address and solve a broad range of engineering challenges in photonics… POET’s unique Optical Interposer platform has tremendous market potential, and we are all committed as one team to its success,” he adds.

“POET’s partnership with MillView rapidly expands our effort with experienced photonics engineering talent and substantial simulation and design capacity,” says POET’s CEO Dr Suresh Venkatesan. “In line with our stated strategy, we have assembled a team in one place dedicated to one goal – the design and development of waveguides and filters for our Optical Interposer platform,” he adds. “This places POET squarely in both a region and university where photonics design and development are vibrant and pervasive. The number of companies engaged in the photonics industry and the quality of the engineering talent available is extraordinary.”

2019 TSX Venture 50

POET has been named to the 2019 TSX Venture 50 list, a ranking of the top performers on the TSX Venture Exchange over the past year. The list consists of ten companies from each of the five industry sectors represented on the TSX Venture Exchange. Companies are selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.

“Last year was a transformational year for the company, highlighted by our first orders for our POET Optical Interposer-based solutions from leading global communications companies targeting data communications applications,” says executive VP & chief financial officer Thomas Mika. “Additionally, we recently received an offer to purchase our DenseLight subsidiary as part of our plan to pursue a fab-light strategy with a less capital-intensive business model,” he adds. “Today’s announced collaboration agreement with MillView for combining design capabilities also furthers these efforts by leveraging key strategic partnerships to establish POET as a world-class organization with leading optical products.”

Change to board

POET also says that John O’Donnell has resigned from its board of directors (effective 31 December 2018) as part of his recent retirement from professional law practice. O’Donnell had served as the firm’s chief legal counsel, corporate secretary and director since 2012.

See related items:

POET receives US$26–30m offer for DenseLight subsidiary

POET’s revenue grows over 20% in Q3/2018

Almae to co-develop laser modules based on POET’s optical interposer platform for high-speed datacoms

POET partner with 8” silicon foundry SilTerra Malaysia to develop and manufacture Optical Interposer Platform

POET and Accelink to co-develop transceivers for 100/400G markets

POET introduces Optical Interposer Platform for co-packaging of electronic and optical components

Tags:  POET

Visit:  www.poet-technologies.com

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