news on penguin solutions peng

Here is some news about POET Technologies:

1. Strategic Partnership with NationGate: POET Technologies has formed a significant partnership with NationGate Solutions, this collaboration focuses on the production of optical engine assemblies in Penang, Malaysia. NationGate will handle the assembly and testing of these consigned optical engines, which feature a specialized fiber-attach unit tailored for one of POET’s major clients. This partnership aims to capitalize on growing demand, leveraging POET’s innovative technology to meet specific market needs.
2. Manufacturing Agreement and Order Shipment: POET Technologies has secured a manufacturing agreement with NationGate Solutions in Malaysia for optical engine assemblies. The company has already shipped its backlog of 800G optical engine samples and plans to ship 1.6T samples in Q3 2025. This expanded manufacturing capability in Malaysia is aimed at catering to the growing demand from AI networks and data centers.

In conclusion, POET Technologies has recently formed a significant partnership with NationGate Solutions to produce optical engine assemblies, this is aimed at meeting the growing demand for their products, particularly in the AI and data center markets. The company has also expanded its manufacturing capabilities in Malaysia to better serve these markets.