Poet Technologies Inc. · NASDAQ:POET
Poet Technologies — Shareholder Meeting (June 2018)
26 slides from Poet Technologies's shareholder meeting presentation, Jun 21, 2018
Slide 1: POET Technologies, Inc. Annual and Special Meeting of Shareholders
POET Technologies, Inc. Annual and Special Meeting of Shareholders June 21, 2018 © POET Technologies Inc. | TSXV: PTK.V | Public © POET Technologies Inc. | Public 1
Slide 2: Order of Business
Order of Business Outside Meeting Room: 9:30am – 10:00am Check-in of Shareholders Inside Meeting Room: 10:00am – 10:05am Introductions and Call to Order Tom Mika 10:05am – 10:30am Annual General Meeting Dave Lazovsky 10:30am – 11:15am Presentation and Update Suresh Venkatesan 11:15am – 11:45am Q&A L
Slide 3: POET Annual and Special Meeting Agenda
POET Annual and Special Meeting Agenda • Appointment of Secretary of Meeting and Scrutineer • Notice of Meeting • Scrutineer’s Report • Destruction of Proxies • Minutes of the Previous Meeting • Financial Statements and Auditor’s Report • Set Number of Directors • Election of Directors • Appointment
Slide 4: Integrated Photonics: Technology and Business Update
Integrated Photonics Technology and Business Update June 21, 2018 © POET Technologies Inc. | TSXV: PTK.V | Public © POET Technologies Inc. | Public 4
Slide 5: Safe Harbor
Safe Harbor This presentation contains forward-looking statements and forward-looking information within the meaning of U.S. and Canadian securities laws, including but not limited to statements relating to revenue potential, growth and/or projections such as those included at slides 8, 10, 22 and 2
Slide 6: Topics
Topics • Introduction • Accomplishments • Commercial Partners • Product Development Progress • POET Optical InterposerTM Overview • Summary © POET Technologies Inc. | TSXV: PTK.V | Public 6 © POET Technologies Inc. | Public 6
Slide 7: POET Accomplishments
POET Accomplishments • Invented the Optical Interposer Architecture to provide a FLEXIBLE and VERSATILE opto-electronics hybrid packaging platform • Established a Development and Manufacturing Agreement with SilTerra with favorable economics for Optical Interposer production • Transitioned the diele
Slide 8: Accelink
Accelink • Lead Customer and Development Partner for Datacom and Telecom Solutions • First products: 100G / 400G ROSA Optical Engines • Subsequent Products: 100G / 400G TxRx Optical Engines; GPON Telecom solutions • Early Prototypes to validate Optical Interposer functionality: Q3 2018 • Production
Slide 9: SilTerra
SilTerra POET’s Deposition and Etch tools installed in the • Development and manufacturing SilTerra clean room partner with foundry capacity to meet Optical Interposer production requirements • Unique combination of 193nm lithography and Cu Metallization coupled with CMOS and MEMs capability • Joint
Slide 10: Almae Technologies
Almae Technologies • Almae : Spin-off of III-V Lab (joint Nokia, Thales and CEA-Leti industrial research lab) with advanced epi capacity • Joint development, manufacture and sales of optical engines based on POET Optical Interposer platform for Datacom and Telecom • First products are high speed las
Slide 11: Technology Development Progress since January 2018
Technology Development Progress since January 2018 Process/ • Interposer process development and production qualification – target completion in Q3 2018 Tools • 8 inch production tools procured and consigned at SilTerra – ready for wafer processing in July Quad PIN • Samples delivered in Q2 2018 Det
Slide 12: Topics
Topics • Introduction • Accomplishments • Commercial Partners • Product Development Progress • POET Optical InterposerTM Overview • Summary © POET Technologies Inc. | TSXV: PTK.V | Public 12 © POET Technologies Inc. | Public 12
Slide 13: Chip-scale Integration using POET Optical Interposer
Chip-scale Integration using POET Optical Interposer TM Optical Interposer O p tic a l D ie 1 O p tic a l D ie 2 Optical Layer W a v e g u id e s E le c tr ic a l D ie 1 E le c tr ic a l D ie 2 Electrical Layer Optical Die 1,2 Electrical Die 2 First practical application of 3D semi fabrication Elect
Slide 14: POET Optical Interposer Platform
POET Optical InterposerTM Platform Wafer Level Hermetic Cap Seat Extending the functionality of electrical interposers with Active Die Waveguide Layer Optical Waveguides Optical Axis Low Loss, Low Stress and Low Metal Temperature waveguides enable Soldier Bump on integration with conventional Die Si
Slide 15: POET Optical Interposer with Dielectric Waveguides
POET Optical Interposer with Dielectric Waveguides Q u a d P IN H y b rid A s s e m b ly H e rm e tic C a p In te rp o s e r Q u a d P IN (b a c k s id e ) Q u a d P IN (fro n t s id e ) In te rp o s e r H e rm e tic C a p • Optical Interposer - 8” wafer with active devices flip- chipped onto dielec
Slide 16: POET Optical Interposer-based CWDM Laser Module
POET Optical Interposer- based CWDM Laser Module H e rm e tic C a p • Optical Interposer platform enables wafer-level packaging for CWDM Laser “sub-mount” L a s e r D ie • Superior thermal In te rp o s e r properties and simplified packaging • Hermetically sealed at the wafer level • Next generation
Slide 17: POET Optical Interposer to solve key industry challenge
POET Optical Interposer to solve key industry challenge Concept proposed by Microsoft at recent OFC conference in San Diego • Optics needs to get closer to the source of the data • Optical Interposers with co-existing electrical and optical interconnections can enable low cost and high reliability o
Slide 18: POET Optical Interposer Platform: Key Differentiators
KEY DIFFERENTIATORS: POET Proprietary Dielectric Waveguides eliminate costly Optical Interposer components and “active” alignment Platform • • Ultra-low loss material improves coupling efficiency Athermal – not sensitive to temperature changes • Passive devices embedded in dielectric at no added cos
Slide 19: Broad Range of Applications
Broad Range of Applications Data centers Networking Automotive Industrial Sensing High Performance Computing © POET Technologies Inc. | TSXV: PTK.V | Public 19 © POET Technologies Inc. | Public 19
Slide 20: POET Optical Engines - Addressing top two transceiver market segments
POET Optical Engines - Addressing top two transceiver market segments Ethernet Data Centers $1 0,00 0 Serviceable Available Markets (SAM) <1km reach both within and $9 ,0 00 between data centers $8 ,0 00 CAGR 27% 2017 - 2021 + $7 ,0 00 $6 ,0 00 $5 ,0 00 $4 ,0 00 $3 ,0 00 $2 ,0 00 + $1 ,0 00 $- 2017
Slide 21: Why Integration Matters
Approximate Breakdown of Transceiver Costs Why Integration Matters Transceiver Margins: 30% Wafer Fab Costs Packaging and Testing Costs Bill of Materials (BOM): 70% Photonics Electrical Components: 25% Electronics 0% 50% 100% Optical Components: 30% • Packaging and testing are a large fraction of BO
Slide 22: 2019 Market Price vs. Modeled POET Price for 100G Optical Engines
2019 Market Price vs. Modeled POET Price* for 100G Optical Engines POET Optical Engines can enable < $100 PSM4 Transceivers (< 1$/Gbps) POET Optical Engines can enable < $150 CWDM4 Transceivers 100G Optical Engines PSM4 CWDM Transceiver Pricing $150 $250 Price of Competitor Optics + Packaging ~$74 ~
Slide 23: Topics
Topics • Introduction • Accomplishments • Commercial Partners • Product Development Progress • POET Optical InterposerTM Overview • Summary © POET Technologies Inc. | TSXV: PTK.V | Public 23 © POET Technologies Inc. | Public 23
Slide 24: Datacom Production Milestones
Datacom Production Milestones 1H 2018 2H 2018 1H 2019 2H 2019 • Pro ce ss • M u lti-ch ip • Po rtfo lio • Po rtfo lio • Po rtfo lio Optical Interposer tran sfe r to m o d u le e xp an sio n in e xp an sio n to e xp an sio n to Platform Development SilTe rra q u alificatio n d ataco m (LR 4 ) te le c
Slide 25: Executing on Strategic Growth Plan
Executing on Strategic Growth Plan • Addressing large and rapidly growing sensing & datacom markets • POET products address multi-billion USD datacom market, growing at >25% CAGR • Highly differentiated, IP protected technology • Low-cost leadership with highly scalable technology • Leveraging innov
Slide 26: © POET Technologies Inc. | Public
© POET Technologies Inc. | Public 26