SCT POET reports NRE revenue from multiple customers in Q2

Post Reply
admin
Site Admin
Articles: 0
Posts: 3899
Joined: Sat Jul 11, 2026 7:10 pm

SCT POET reports NRE revenue from multiple customers in Q2

Post by admin »

For second-quarter 2022, POET Technologies Inc of Toronto, Ontario, Canada — a designer and developer of the POET Optical Interposer and photonic integrated circuits (PICs) for the data-center and telecom markets — has reported non-recurring engineering revenue (NRE) of $120,261, compared with $209,100 a year ago and nil last quarter. The firm provided services under an NRE contract to one customer in 2021. In 2022, the firm is now providing similar services to multiple customers, one of which continued to contract services from last year. The revenue relates to unique projects that are being addressed utilizing the capabilities of the POET Optical Interposer...

Source: https://semiconductor-today.com/news_it ... 0822.shtml
Post Reply