POET Stock Soars On Receiving Order Worth Over $500,000 From One Of Its Lead Customers

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The company stated that the order is for optical engines based on the POET Optical Interposer platform technology.

POET Technologies Inc. (POET) shares surged nearly 19% in Tuesday morning’s trade after the company announced that it had received an initial production order from one of its lead customers.

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The company stated in its announcement that the order is for optical engines based on the POET Optical Interposer platform technology, valued at more than $500,000.

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