Poet Technologies Inc. · NASDAQ:POET
Poet Technologies — Shareholder Meeting (September 2019)
26 slides from Poet Technologies's shareholder meeting presentation, Sep 20, 2019
Slide 1: Leading the Way to Chip-Scale Integrated Photonics
Leading the Way to Chip-Scale Integrated Photonics September 20, 2019 Suresh Venkatesan Chief Executive Officer © POET Technologies Inc. | TSXV: PTK.V | CONFIDENTIAL © POET Technologies Inc. | CONFIDENTIAL 1
Slide 2: Agenda
Agenda • POET Vision • Strategy ﹘Market Overview ﹘Product Roll-out Strategy • Fab-Light Manufacturing Strategy • Technology & Business Update • Conclusion • Q&A © POET Technologies Inc. | CONFIDENTIAL 2 © POET Technologies Inc. | TSXV: PTK.V | CONFIDENTIAL 2
Slide 3: POET – A Focus on Creative Disruption
POET – A Focus on Creative Disruption • As a company, POET Technologies has always been focused on disruptive potential • The Optical Interposer was invented with… • Deep understanding of semiconductor design, fabrication and integration • Insight into the complexities and costs of traditional assem
Slide 4: POET Vision – Global Leadership in Chip-scale Photonics
POET Vision – Global Leadership in Chip-scale Photonics • With a truly unique set of features, the POET Optical Interposer has disruptive potential and can open new markets for the Company • What makes the Optical Interposer so unique? To become the global • Low-loss, singe mode passive waveguides w
Slide 5: Agenda
Agenda • POET Vision • Strategy ﹘Market Overview ﹘Product Roll-out Strategy • Fab-Light Manufacturing Strategy • Technology & Business Update • Conclusion • Q&A © POET Technologies Inc. | CONFIDENTIAL 5 © POET Technologies Inc. | TSXV: PTK.V | CONFIDENTIAL 5
Slide 6: Data Communications & Telecom Infrastructure Spending
Data Communications & Telecom Infrastructure Spending ICT Infrastructure spending > $1.3 Trillion total by 2024 ICT Infrastructure spending Cloud 49% ~ $1 Trillion total in 2017 Cloud Enterprise 13% 52% Enterprise Telecom 21% 35% Telecom 30% ICT: Information & Communication Technology Source: LightC
Slide 7: Top Companies Driving Data Center Growth?
Top 5 Companies Driving Data Center Growth? Top 5 Cloud All Other Cloud $7,000 $6,000 $5,000 $ millions $4,000 $3,000 $2,000 $1,000 $- 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Source: LightCounting 2019 installed bandwidth 2024 installed bandwidth Google, 473 Google
Slide 8: Examples of Facebook Data Center Investments
Examples of Facebook Data Center Investments Facebook Data Centers in 2018 Facebook Data Center in Fort Worth, TX Source: Facebook © POET Technologies Inc. | CONFIDENTIAL 8 © POET Technologies Inc. | TSXV: PTK.V | CONFIDENTIAL 8
Slide 9: Ethernet Spending for Cloud Computing Dominates Growth
Ethernet Spending for Cloud Computing Dominates Growth Ethernet Revenues Enterprise Telecom Cloud $9,000 $8,000 $7,000 $6,000 $ millions $5,000 $4,000 $3,000 $2,000 $1,000 $0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Source: LightCounting Data Center Investments in E
Slide 10: Data Center Market Dynamics
Data Center Market Dynamics Shipments Revenues ($M) 10 GbE 100GbE 200GbE 400 GbE 10 GbE 100GbE 200GbE 400 GbE 25,000,000 $3,000 POET Opportunity #1 20,000,000 $2,500 (400G) POET Opportunity #2 $2,000 15,000,000 (100G) $1,500 10,000,000 $1,000 5,000,000 $500 - 2010 2011 2012 2013 2014 2015 2016 2017
Slide 11: 400G Market Timing – One Year Push
400G Market Timing – One Year Push 400Gb Market (2018 vs. 2019 Forecast) $4,500 $4,000 Data Center 400G ($M) $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $- 2017 2018 2019 2020 2021 2022 2023 2024 2018 Forecast 2019 Forecast Source: LightCounting q 400G technology has experienced a one-year delay
Slide 12: Data Center Transceiver Market Dynamics
Data Center Transceiver Market Dynamics $3,000 Market Entry Window 100GbE $2,500 200GbE $2,000 400, 2x400 GbE Sales ($M) $1,500 $1,000 $500 $- 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Source: LightCounting q 400Gb data center transceivers represents the next wave of
Slide 13: POET Product Roll-Out Strategy
POET Product Roll-Out Strategy q Intersect Data Center market with 400G products (DR4 and FR4) o 400G market has been delayed, working to POET’s advantage to capture leadership position o Current strategic customer partnerships are #1 priority and opportunity q Leverage cost advantage of POET Optica
Slide 14: Agenda
Agenda q POET Vision q Strategy o Market Overview o Product Roll-out Strategy q Fab-Light Manufacturing Strategy q Technology & Business Update q Conclusion q Q&A © POET Technologies Inc. | CONFIDENTIAL 14 © POET Technologies Inc. | TSXV: PTK.V | CONFIDENTIAL 14
Slide 15: POET Optical Engine Manufacturing Supply Chain
POET Optical Engine Manufacturing Supply Chain [FAB-LIGHT MODEL] Active Devices 2”- 4” Compound Semi Fab Product Design Business Development Interposer Wafers Lasers, Detectors, Gain Chips Process Integration SilTerra Malaysia Production Monitoring 8” Silicon Foundry Wafer/Die Dielectric Waveguides
Slide 16: POET's Manufacturing Strategy: Fab-Light Benefits
POET’s Manufacturing Strategy: Fab-Light Benefits FOCUS • Enables focus on optical interposer design and active device design to meet growing demands in multiple applications • Dedicate investments in the design, development, marketing and sales of our Optical Interposer solutions CAPITAL EXPENSES •
Slide 17: Agenda
Agenda • POET Vision • Strategy ﹘Market Overview ﹘Product Roll-out Strategy • Fab-Light Manufacturing Strategy • Technology & Business Update • Conclusion • Q&A © POET Technologies Inc. | CONFIDENTIAL 17 © POET Technologies Inc. | TSXV: PTK.V | CONFIDENTIAL 17
Slide 18: The Optical Interposer: Platform Technology
The Optical Interposer: Platform Technology CMOS Compatible Waveguide External Cavity Lasers POET’s Optical Interposer Platform Passives Low Loss ; Single Mode Low cost; High Scalability Unlocks Tremendous Market Potential waveguides O band and C band InP Known Good Vertical Mirrors Die Passive Wafe
Slide 19: What is a "Transceiver"?
What is a “Transceiver” ? TRANSCEIVER = TRANSMITTER + RECEIVER RECEIVER De-Multiplexer Amplifier PIN Photo diode Diode TRANSMITTER Driver Laser Modulator Fiber Multiplexer Optics Electronics © POET Technologies Inc. | CONFIDENTIAL 19 © POET Technologies Inc. | TSXV: PTK.V | CONFIDENTIAL 19
Slide 20: The Power of Wafer-Scale Integration: Cost and Scale
The Power of Wafer-Scale Integration: Cost and Scale 8 inch wafer >400 Optical Engines on a single wafer! © POET Technologies Inc. | CONFIDENTIAL 20 © POET Technologies Inc. | TSXV: PTK.V | CONFIDENTIAL 20
Slide 21: Technology Progress Over the Past Year
Technology Progress Over the Past Year Process/ • Process development complete Tools • Prototype production flow in validation Quad PIN • Component reliability completed through 5000 hours Detector • Performance for 400Gbps achieved on second learning cycle since focus shift to 400G Optical • Proces
Slide 22: Laser Development: A key requirement for the Transmit Chain
Laser Development: A key requirement for the Transmit Chain Laser Development for 100G Applications Laser Development for 400G Applications Large Spot Ridge Laser Achieved 25Gbps (for 100G) Laser development on track to complete in 2019 for 100G and 400G applications © POET Technologies Inc. | CONFI
Slide 23: Wafer-Scale FR4 Filters: An Industry First
Wafer-Scale FR4 Filters: An Industry First Conventional WDM Filters POET’s Arrayed Waveguide Solution 2019 2018 • Not compatible with integration • Not compatible with high channel counts FR4 : Most difficult combination of Cross talk and Bandwidth POET Filters meet the stringent FR4 requirements wi
Slide 24: Product Roadmap & Business Outlook
Product Roadmap & Business Outlook • Platform building blocks for 400G on track for completion in 2019 ﹘ Lasers, PIN Detectors, FR4 Filters, and Optical Interposer • Focused on complete 400G Transmit (Tx) / Receive (Rx) optical engines ﹘ Strategic customer funded program for 400G products provides P
Slide 25: POET Technologies – Company Highlights
POET Technologies – Company Highlights Ø Establishing an industry leadership position with chip-scale integrated photonics • Validated disruptive, IP protected, Optical Interposer platform components Ø Well positioned to participate in large, high-growth datacom and telecom markets • 400G TxRx (DR4
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