1 of 1
Story summary
- POET Technologies and Lumilens signed a strategic AI optical module agreement.
- Lumilens placed a $50 million initial order for POET-made EOI engines, targeting a $500 million total over five years.
- POET issued a warrant for up to 22,921,408 shares at $8.25, with 2,292,140 shares exercisable immediately.
- POET shares rose 22.27% to $17.57, adding roughly $400 million to market value, while engineering samples are slated for late 2026 and full production in 2027 for hyperscalers.
