Woofun AI reports that POET Technologies management indicated the top three global laser suppliers control approximately 68% of market share, with capacity fully booked for the next two years. This suggests supply constraints may persist until 2029, extending beyond previous industry estimates. The company is engaging a new customer on a high-power External Light Source project based on its Interposer platform, with mass production ramp-up expected in the second half of this year.

POET expects its collaboration with Lumilens to generate over $500 million in revenue over the next five years. Current annual optical engine production capacity stands at 1 million units, with market demand projected to reach 1 million units per month by the end of 2027, requiring a tenfold capacity expansion.