POET Technologies Inc., a provider of integrated optical engines and light sources for artificial intelligence networks, has entered into agreements with institutional investors for a registered direct offering expected to generate approximately $150 million in gross proceeds. The offering involves 20,689,656 common shares and is scheduled to close on or about January 23, 2026, subject to customary closing conditions.
The company plans to allocate the net proceeds toward several corporate development initiatives, including targeted acquisitions, expanded research and development efforts, acceleration of its high-speed optical module and light source businesses, operational expansion, and general working capital. Titan Partners, a division of American Capital Partners, is serving as the sole placement agent for the offering, which is being conducted under an automatic shelf registration statement on Form F-3 that became effective January 22, 2026.
This capital infusion is significant for the optical technology sector as POET's solutions address critical bandwidth and latency challenges in AI systems. The company's proprietary POET Optical Interposer platform enables the integration of electronic and photonic devices into single chips using advanced wafer-level semiconductor manufacturing techniques. This technology produces products that are lower cost, consume less power, are smaller in size, and are scalable to high production volumes compared to conventional alternatives.
POET's technology portfolio includes high-speed optical engines and modules supporting 800G, 1.6T and higher data rates for AI clusters and hyperscale data centers. The company has also developed novel light source products for chip-to-chip data communication within and between AI servers, addressing what the company identifies as the next frontier for solving bandwidth and latency problems in AI systems. More information about POET's technology and operations is available at https://www.poet-technologies.com.
The funding announcement comes as demand for efficient optical communication solutions grows alongside the expansion of artificial intelligence infrastructure. Optical interconnects are becoming increasingly critical for managing the massive data transfers required by AI training and inference workloads in data centers. POET's approach to photonic integration could potentially reduce the power consumption and physical footprint of optical components while improving performance, factors that are essential for scaling AI systems economically and sustainably.
For the broader semiconductor and data center industries, successful deployment of POET's technology could influence how optical components are designed and manufactured for next-generation computing systems. The company's headquarters are in Toronto, Canada, with additional operations in Singapore, Penang, Malaysia, and Shenzhen, China, positioning it within key global technology manufacturing regions.
