POET Technologies Inc., a provider of highly integrated optical engines and light sources for artificial intelligence networks, has entered into securities purchase agreements with institutional investors for a registered direct offering expected to generate approximately $150 million in gross proceeds. The company plans to issue 20,689,656 common shares, with the offering expected to close on or about January 23, 2026, subject to customary closing conditions.
The capital infusion is earmarked for corporate development initiatives that include targeted acquisitions, expanded research and development, 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 acting as sole placement agent for the offering, which is being conducted pursuant to an automatic shelf registration statement on Form F-3 that became effective January 22, 2026.
POET's technology focus centers on addressing critical bandwidth and latency challenges in AI systems through its proprietary Optical Interposer platform. The company's photonic integration solutions allow seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. This approach results in products that are lower cost, consume less power, are smaller in size, and are readily scalable to high production volumes compared to conventional solutions.
The company's product portfolio includes high-speed optical engines and modules supporting 800G, 1.6T and above data rates for AI clusters and hyperscale data centers. Additionally, POET has 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 is available at https://www.poet-technologies.com.
For business and technology leaders, this capital raise signals POET's commitment to scaling its operations and accelerating development of optical technologies critical to next-generation AI infrastructure. The $150 million investment provides the company with resources to pursue strategic acquisitions and expand research capabilities at a time when demand for high-speed optical interconnects in AI systems is growing rapidly. The offering's institutional backing suggests confidence in POET's technology roadmap and market positioning within the competitive AI hardware ecosystem.
The timing of this capital raise coincides with increasing industry focus on solving interconnect bottlenecks in AI systems, where traditional electrical connections struggle to keep pace with computational demands. POET's Optical Interposer platform addresses this challenge by enabling more efficient photonic integration, potentially offering performance advantages for data centers and AI clusters requiring high-bandwidth, low-latency communication between processors and memory systems.
