Toronto-based POET Technologies Inc., developer of the planar opto-electronic technology platform for monolithic fabrication of integrated circuit devices containing both electronic and optical elements on a single semiconductor wafer, has completed its ‘3rd party foundry’ 40/100-nm transfer milestone.
The firm also announced $4-million in additional capital raised from institutional and accredited shareholders through the exercise of warrants during the month of January 2015, and the resignation of Dr. Adam Chowaniec from its Board, due to personal health reasons.
The Company completed its ‘3rd Party Foundry’ 40/100-nm transfer milestone consisting of completing the critical layers of the Transistor Fabrication Process. This flow process will allow the Company to generate more complex prototypes and test structures. As the POET process node size shrinks, this facilitates new industry innovations and furthers development work. This new epitaxial flow process includes new innovations in the POET prototype fabrication process. These innovations were necessary to continue the optimization work of the 100 and 40-nm foundation devices of our technology.
“This is a significant step for our ‘lab-to-fab’ transition where this new flow at our ‘3rd Party Foundry’ accelerates and adds repeatability and quality to our manufacturing process necessary for our next two significant milestones expected at the end of Q1: a 100-nm ring oscillator and a 50 GHz VCSEL,” says Dan DeSimone, chief technical officer.