Poet Technologies Soars 16.39% on New Director, AI Push

On July 10, 2025, Poet Technologies saw a significant rise of 16.39% in pre-market trading, reflecting a strong investor sentiment towards the company's recent developments and strategic moves.

Poet Technologies recently announced the appointment of Sohail Khan as a director and member of the Corporate Governance & Nominating Committee. Khan brings extensive experience in high technology firms, including leading startups and running multi-billion-dollar enterprises. His expertise in M&A, corporate governance, and strategic leadership is expected to drive the company's growth in AI and other market segments.

Khan's appointment comes at a time when Poet Technologies is focusing on advancing its strategic initiatives and pursuing new opportunities. The company's innovative POET Optical Interposer™ technology is at the forefront of its product offerings, providing high-speed optical modules and light source products for data centers, telecommunication, and AI markets. This technology is designed to be lower cost, consume less power, and be smaller in size, making it highly scalable for high production volumes.

In addition to Khan's appointment, the company has also announced a US$25 million offering, which is expected to provide the necessary capital to support its ongoing research and development efforts. This move underscores Poet Technologies' commitment to innovation and its strategic vision for the future.