POET engaged to develop custom Optical Engine

Demonstrates versatility of Optical Interposer Platform and adds new revenue stream.

  • Sunday, 2nd February 2025 Posted 1 month ago in by Phil Alsop

POET Technologies has signed an agreement to develop a novel optical engine for use in a high-frequency securities trading operation for a global capital markets firm. High-frequency trading (“HFT”) is a type of automated trading that uses powerful computers to execute a large number of trades in fractions of a second.

The multi-phase project is a pioneering effort to increase the speed and decrease the latency inherent in current transceiver solutions utilized by securities trading operations. The first phase of the project will begin immediately with POET designing prototypes of POET Optical Interposer–based transceiver engines built to meet the customer’s specification. Subsequent phases include building additional prototypes and, if successful, production optical engines customized for this application.

"We are delighted to have embarked on this ambitious project with a global leader in HFT," commented Raju Kankipati, Chief Revenue Officer of POET. "This project generates revenue for POET this year and demonstrates the versatility of the POET Optical Interposer and the entry into a new, related market space by the Company."

The facility focuses on optimising hard disk drive configurations in cloud storage, surveillance, and NAS systems.

Brivo launches Unified Security Suite

Posted 15 hours ago by Phil Alsop
Brivo has launched Brivo Security Suite. The unified platform simplifies security management by integrating access control, video intelligence,...

CommScope introduces Propel XFrame solution

Posted 16 hours ago by Phil Alsop
Compact floor-mounted fiber frame solution simplifies and accelerates management in high-density data centres.
Arrow Electronics has signed a distribution agreement with Civo, a cloud-native service provider specialising in Kubernetes-based infrastructure....
EOS Smart AI Suite fuels peak AI workload performance.

Swiss law firm Homburger AG moves to iManage Cloud

Posted 21 hours ago by Phil Alsop
Firm advances its cloud-first strategy and enhances security with iManage Cloud offering locally hosted in Switzerland.

Improving the digital employee experience

Posted 23 hours ago by Phil Alsop
Use cases put people at the center of automated endpoint management.

SailPoint expands MSP offering

Posted 23 hours ago by Phil Alsop
Program growth will help more organisations create identity security programs grounded in a modern, scalable, AI-fueled platform.