written by reader POET Technologies, symbol POETF, Moore’s law Game-Changer…

By longbeachboy, May 7, 2014

POET Technologies Inc. (TSX.V:PTK): Disruptive Advances In Intel’s (NASDAQ:INTC) Back Yard Written By: James West|April 22, 2014 |Posted In: Top Stories

POET Technologies Inc. (TSX.V:PTK) CEO Peter Copetti is charging his cell phone twice a day right now, and he’s working on holidays. Thats because his company, currently working in the same space as Intel Corporation (NASDAQ:INTC) has increased in value by 400% since he took the reins just over a year ago.

POET is a semiconductor design and engineering firm whose Chief Scientist is Dr. Geoff Taylor, a highly respected and recognized Professor of Electrical Engineering and Photonics at the University of Connecticut. He has overseen the development of processes that, in a nutshell, combine to make the powerful semiconductor chips that power everything from computers to cell phones to avionics systems up to ten times faster, with up to 90% greater power efficiencies, while reducing manufacturing costs.

Its as disruptive as new technology can get, and is being looked at under Non-Disclosure Agreement by several mega-cap firms in the space, which is what primarily is likely attributable to the stock’s dramatic rise in the last year.

The company currently has no sales or revenue, and expects to license its development platform to device developers from Samsung to Apple and Google. The proof in the pudding will be the announcement of just such an agreement with a major name in the electronics manufacturing space.

I spoke to CEO Peter Copetti on Friday, April 18, 2014 to get his take on what’s driving the company’s share price lately.
Listen to the Interview Now:


Interview Transcript
James West: The stock of POET Technologies lately has just been on fire. I’m wondering why investors are piling into POET Technologies now?

Peter Copetti: I think you can attribute the recent price appreciation to the market becoming aware of how compelling the POET Technology platform is and the potential impact on the future of the semiconductor industry you can have.

James West: Interesting. So what exactly is the value proposition for investors looking at POET right now?

Peter Copetti: What POET does is, it integrates optics and electrics on one dye, one monolithic chip, if you will. And it does so while still providing best-in-class performance and step function improvements in both speed and power and in many cases of substantial decrease in manufacturing cost.

Now by step function improvements, I don’t mean incremental improvements that you see in computers these days where you move by 3.2 gigahertz to 3.5 gigahertz. I’m talking about multiple times improvements, and in power efficiency, you’re talking about 70% or 80% power savings on your cellphone for example. So instead of charging that phone twice a day like I do regularly, you might charge that phone once a week.

James West: Okay. So essentially, this is in the integrated chip industry. You’re eliminating a lot of the excess, creating a tighter device and saving power and increasing speed at the same time.

Peter Copetti: Correct.

James West: Okay. Exactly what is the nature of the breakthrough? What’s so disruptive about it?

Peter Copetti: That’s really the heart and soul of our IP –our Secret Sauce. So we’ve got to be careful here without getting too technical, but basically Geoff Taylor has developed a p-channel in gallium arsenide that is always off, that’s the very first time that’s been done. He’s combined that with PNN HFETs and PNN HBTs which are transistors and finally that is his optical thyristor. All of these are backed by over 40 patents with more pending and that’s the extent at which I want to disclose on an interview like this without NDA.

James West: Okay. So essentially, it’s a better mousetrap on steroids.

Peter Copetti: Yeah, that’s one way to put it. I would just say that the type of device, the type of chip, the type of platform that Geoff has created in my opinion, it comes around once every few decades, once every 30, 40, 50 years. It’s just not your normal incremental improvement. It’s really where Geoff has moved the track. He hasn’t just gone on different — he’s actually moved the track. I’m very proud of what he’s done.

James West: Okay, so is Geoff the driving force behind the technology then?

Peter Copetti: Absolutely. Geoff is the driving force. He’s the visionary behind all that is POET. He spent over 25 years developing the platform. He is as motivated and as driven as any entrepreneur I have ever met. He’s a true visionary with a rare ability, I might add, to be our chief scientist and a PhD in Engineering and be the dean of engineering down at the University of Connecticut, but also understands how the commercial marketplace looks and works with new technologies.

James West: Okay. So he’s an academic and an entrepreneur who can run a business.

Peter Copetti: Well, I would say that he can look at what the marketplace is going to need going forward and he can take his technology and bolt it on very easily instead of having to spend hundreds of million of dollars to, for example, completely redo a fab or foundry.

James West: I see, okay. So, what major industry names might POET compete against then with this new technology?

Peter Copetti: Well, POET will compete across various sectors because the platform itself is so broad. For instance in the CMOS silicon area, you could have competitors like Intel and AMD; and the optical electrical conversion area, you would see Avago or Finisar; memory and storage, you could have IBM and Google. Finally, sensors and arrays, you would look to Boeing new technologies, BAE, et cetera. That’s not even taking into consideration our recent patent filings in the quantum computing area or other IP that we’re developing right now, but we haven’t released to the market. But you get the picture – the size of the market and the POET platform is tremendous.


James West: Sure. So we