POET

POET Technologies reported $569,925 in second-quarter revenue, marking its sixth consecutive quarter of sequential revenue growth. The company ended the quarter with $796.3 million in cash and short-term investments after completing a $400 million financing in May. Revenue increased 13% from the previous quarter and 112% from a year earlier. Shares of POET Technologies (POET) gained in premarket trade on Thursday after the photonics company reported a sixth consecutive quarter of sequential revenue growth and said its production ramp remains on schedule for the second half of 2026. POET reported second-quarter revenue of $569,925, up 13% from the prior quarter and 112% from a year earlier. Loss per share came in at $0.07 per share versus the consensus estimate of $0.08, as per Koyfin. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox “The second quarter showed POET’s transition from development to revenue taking hold,” said Chairman and CEO of POET, Dr. Suresh Venkatesan, adding that the company’s optical engine production ramp remains “on schedule for the second half of 2026.” POET stock showed muted movement, gaining as much as 1% in pre-market trade and was among the top trending tickers on Stocktwits at the time of writing. POET completed a $400 million financing in May, ending the second quarter with $796.3 million in cash and short-term investments. Venkatesan said the financing, which was completed at a premium to the market price, removed concerns about the company’s financial staying power and gave management more flexibility to focus on manufacturing and commercial execution. “This amount of capital positions POET to accelerate the expansion of our manufacturing capacity in support of anticipated customer demand, including the commercialization and production ramp associated with our collaboration with Lumilens,” he stated. The company entered into a joint development and commercial technology partnership with Lumilens, which placed an initial $50 million purchase order for POET Optical Interposer-based engines. POET said the broader supplier relationship could eventually scale to more than $500 million in cumulative purchases over five years. Following the quarter, POET received another $2.4 million purchase order from an existing customer and signed an agreement with a Tier 1 laser company to develop an external light source engine. In its earnings report, the company said it expects to begin shipping substantial numbers of production units for qualification during the remaining quarters of 2026, with further updates expected in September. On Stocktwits, retail sentiment around POET improved to ‘extremely bullish’ from ‘bullish’ territory over the past day, accompanied by chatter at ‘high’ levels. One trader pointed to the interest income generated from the company’s cash balance, stating that the additional income could help reduce POET’s cash burn as the company scales revenue. Another investor highlighted that the company’s production plans remain on schedule and suggested that non-recurring engineering revenue could continue supporting the business as customers move toward production. POET stock has gained over 33% this year and nearly 70% in the last 12 months. Read also: OPEN Stock Slips After First-Ever Buyback Cuts Share Count 5%, CEO Says 'I’m All In' For updates and corrections, email newsroom[at]stocktwits[dot]com. Prabhjote Gill has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: RKLB Stock Gains Overnight: Rocket Lab Advances Neutron’s ‘Hungry Hippo’ And Wins New Space Force Deal Why Is NU Stock Surging Over 9% Overnight? UMAC, RCAT, ONDS, AVAV, KTOS Stocks Rise Overnight: Trump Takes Aim At Foreign Drones With New Tariffs

Net loss narrows to ($0.07) per share; quarter-end cash and short-term investments of $796.3 million TORONTO, Aug. 13, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2026. Revenue was $569,925, up 13% from the first quarter and 112% from the second quarter of 2025 — the Company’s sixth consecutive quarter of sequential revenue growth. Net loss narrowed to $11.3 million, or ($0.07) per share, from $12.3 million in the first quarter. The Company ended the quarter with $796.3 million in cash and short-term investments following completion of its $400 million financing in May. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR+. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Management Commentary: “The second quarter showed POET’s transition from development to revenue taking hold: our sixth consecutive quarter of sequential revenue growth, a narrowing net loss, and our optical engine production ramp remaining on schedule for the second half of 2026,” said Dr. Suresh Venkatesan, Chairman & CEO of POET Technologies. “The $400 million strategic investment we completed in the quarter — priced at a premium to market — fundamentally strengthens POET’s financial position, removes the uncertainty associated with our staying power and enables management to focus entirely on executing our commercial and operational objectives,” continued Dr. Venkatesan. “This amount of capital positions POET to accelerate the expansion of our manufacturing capacity in support of anticipated customer demand, including the commercialization and production ramp associated with our collaboration with Lumilens.” “The appointment of Dr. Sandeep Kumar as Chief Operating Officer adds the operational and manufacturing leadership required as we scale our global operations,” added Dr. Venkatesan. “Together, our strengthened leadership team, significantly enhanced capital resources and expanding commercial opportunities establish the foundation for the next phase of POET’s growth and positions the Company to deliver long-term value for customers and shareholders.” Notable Business Highlights Subsequent to Quarter-End Received a new purchase order for $2.4 million from an existing customer subsequent to the quarter end. Completed an agreement with a Tier 1 laser company to develop an external light source engine, also subsequent to the quarter-end. Entered into an exclusive arrangement with a supplier to provide a component that significantly enhances the output power of POET’s hybrid laser, the Blazar™. Notable Business Highlights During the Second Quarter Entered into a supply agreement that establishes a strategic joint development and commercial technology partnership to advance a new class of wafer-level photonic integration for frontier AI infrastructure. The supply agreement between Lumilens and the Company establishes a commercial framework to support the joint development program, and, as part of that framework, Lumilens has placed an initial purchase order with the Company for the manufacturing of POET Optical Interposer-based engines valued at $50 million. This purchase order represents the first phase of a broader supplier relationship that could scale to $500+ million in cumulative purchases from the Company over five years. Closed a registered direct offering by issuing 19,047,620 units at a price of $21 per unit for gross proceeds of $400,000,020. The offering was priced at a premium to market. Each unit consisted of one common share and one common share purchase warrant, with each warrant being exercisable at a price of $26.25 until May 18, 2029. Appointed Dr. Sandeep Kumar as Chief Operating Officer. Non-IFRS Financial Summary The Company reported non-recurring engineering (“NRE”) and product revenue of $569,925 in the second quarter of 2026 compared to $268,469 for the same period in 2025 and $503,389 in the first quarter of 2026. Historically, the Company has provided NRE services to multiple customers for unique projects addressed using the capabilities of the POET Optical Interposer. The Company reported a net loss of $11.3 million, or ($0.07) per share, in the second quarter of 2026, narrowing from a net loss of $12.3 million, or ($0.08) per share, in the first quarter of 2026 and a net loss of $17.3 million, or ($0.21) per share, for the same period in 2025. The net loss included research and development costs of $5.8 million compared to $3.1 million for the same period in 2025 and $4.5 million in the first quarter of 2026, reflecting the Company’s transition from technology development to product development. Fluctuations in R&D for a Company of this size and this stage of growth are expected on a period-over-period basis. In the second quarter of 2026, the Company reported a non-cash gain in fair value adjustment to derivative warrant liability of $5.5 million compared to a non-cash loss of $7.6 million during the same period in 2025 and a non-cash gain of $1.6 million in the first quarter of 2026. This non-cash item relates to warrants issued in a foreign currency or warrants that are exercisable into a variable number of shares and are periodically remeasured. Other non-cash expenses in the second quarter of 2026 included stock-based compensation of $3.8 million and depreciation and amortization of $1.0 million. Non-cash stock-based compensation and depreciation and amortization in the same period of 2025 were $1.2 million and $0.8 million, respectively. First quarter 2026 stock-based compensation and depreciation and amortization were $3.5 million and $1.0 million, respectively. The Company had non-cash finance costs of $68,000 in the second quarter of 2026 compared to non-cash finance costs of $31,000 in the second quarter of 2025 and non-cash costs of $47,000 in the first quarter of 2026. The Company recognized other income, including interest, of $4.3 million in the second quarter of 2026, compared to $533,000 in the same period in 2025 and $4.0 million in the first quarter of 2026. Cash flow from operating activities in the second quarter of 2026 was ($12.2) million compared to ($7.8) million in the second quarter of 2025 and ($8.8) million in the first quarter of 2026. Summary of Financial Performance The following is a summary of the Company’s operations over the five quarters ending June 30, 2026. This information should be read in conjunction with the Company’s financial statements filed on SEDAR+ on August 13, 2026. POET TECHNOLOGIES INC. PROFORMA – NON-IFRS AND IFRS PRESENTATION OF OPERATIONS (All figures are in U.S. Dollars) Restricted Stock Unit (“RSU”) Grant On August 11, 2026, the Board of Directors of the Company approved a grant of 2,453,271 RSUs to officers of the Company. The Company used $8.56, being the closing price of the Company’s shares on the NASDAQ on August 10, 2026, to determine the number of RSUs granted. The RSUs will vest 33.33% on the first, second and third anniversaries of the grant. The RSUs were granted subject to provisions of the Company’s 2026 Omnibus Incentive Plan and applicable securities laws. Outlook The Company expects to begin shipping substantial numbers of production units for qualification in the remaining quarters of 2026 and will make additional announcements and updates in September, subject to the prevailing confidentiality agreements and the risks described under “Cautionary Note Regarding Forward-Looking Information” below. Also, after careful consideration, with input from the Company’s advisors, the Board of Directors determined that, at the present time, it is not in the best interests of the Company to move forward with redomiciling to the United States. About POET Technologies Inc. POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers. POET's photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET's Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications. POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China. More information about POET is available on our website at www.poet-technologies.com Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Company's expectations with respect to the timing of its production of devices, those devices passing qualification, the completion of its announced engagements with customers or other third-parties, the reaction of customers and partners to the Company’s product offerings, the success of product development efforts, the expected results of its operations, meeting revenue targets, and the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and the Company being able to advance its overall business objectives. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Actual results could differ materially due to a number of factors, including, without limitation, inability to deliver on existing purchase orders, changes in production requirements, timing and performance of capital equipment purchases, component supply constraints and other risks that may cause the Company not to achieve its expectations. For further information concerning these and other risks and uncertainties, refer to the Company's filings on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov. Prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise the forward-looking information and statements except as required by applicable securities laws. 120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075

Lumentum’s fiscal fourth quarter revenue more than doubled to $1.01 billion. Analysts expect Coherent’s fiscal fourth quarter revenue to rise 30% to $1.98 billion, which would be the highest pace of growth in three years. Stocktwits sentiment was ‘extremely bullish’ for LITE and ‘bullish’ for COHR on Wednesday. Lumentum Holdings’ stock surged 8% in premarket trading Wednesday after the company reported upbeat quarterly results, lifting peer photonics stocks as investors turn their focus to Coherent Corp.'s earnings report due after the market close. Applied Optoelectronics’ shares rose 4%, Coherent’s shares rose 5.6%, and POET Technologies’ stock gained 2.6%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Lumentum’s fiscal fourth quarter revenue more than doubled to $1.01 billion, exceeding expectations of $987.70 million. Adjusted diluted EPS was $3.23, above an estimated $2.97 per share. For the current quarter, Lumentum expects revenue in the range of $1.225 billion to $1.275 billion, as well as adjusted earnings per share between $4.05 and $4.35 – well above analysts’ expectations of $1.157 billion in revenue and $3.61 per share profit. Analysts expect Coherent’s fiscal fourth quarter revenue to rise 30% to $1.98 billion, which would be the highest pace of growth in three years. Adjusted profit is expected to rise 61% to $1.62 per share. Currently, 16 out of 21 analysts rate the stock ‘Buy’ or higher and five rate it ‘Hold,’ per Koyfin. Their average price target of $394.62 implies a 20% upside to the stock’s closing price on Tuesday. Coherent, POET, Lumentum Holdings and Applied Optoelectronics are all key suppliers in the fast-growing optical networking and photonics market. Coherent sells lasers, optical transceivers, silicon photonics, and advanced materials used to connect GPUs across massive AI clusters, while Lumentum and Applied Optoelectronics supply high-speed optical transceivers, lasers, and networking components that move data between AI servers. POET, a much smaller player, develops optical engines and its proprietary Optical Interposer platform designed to make AI optical modules cheaper, faster and more power efficient. Investor interest in all four has surged as hyperscalers ramp AI infrastructure spending, driving expectations of a multi-year boom in optical connectivity, which is increasingly viewed as a critical bottleneck in scaling next-generation AI data centers. LITE was among the top 10 trending stocks on Stocktwits at the time of writing, with the retail sentiment for the stock climbing to ‘extremely bullish’ from ‘bullish.’ The sentiment was ‘bullish’ for COHR and POET, and ‘extremely bullish’ for Applied Optoelectronics. “$LITE analyst upgrade tomorrow $1000 to $1500. It’s going to be a juicy day,” a trader wrote. For updates and corrections, email newsroom[at]stocktwits[dot]com. Read Next: SMCI Stock Jumps Premarket: Super Micro Keeps Lid On $60B Orderbook, CFO Says ‘Emerging Neoclouds And CSPs’ In Mix Yuvraj Malik has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: FLYX Q2 2026 Earnings Summary ALT Q2 2026 Earnings Summary NEXN Q2 2026 Earnings Summary

TORONTO, June 30, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported the voting results of its Annual General Meeting (the “AGM”), which was held virtually on Friday, June 26, 2026, and recapped highlights from the presentation given by Chairman & CEO Dr. Suresh Venkatesan. In his annual update to shareholders and analysts, Dr. Venkatesan delivered a robust report that punctuated the Company’s recent advancements in commercial activities and manufacturing deliverables. Key highlights of the presentation included: A reiteration that the Company’s production ramp is currently on schedule and expected to begin in the second half of 2026 with volume shipments of optical engines to customers. POET anticipates expanding capacity to meet demand of up to 1 million units per month by the end of 2027. This represents a more than 10x increase from current production capacity. After raising $830 million in equity capital in the past 12 months — with the potential to raise, if exercised, up to an additional $661 million through warrants — the Company plans an initial deployment of approximately $50 million for the purchase of capital equipment in the second half of 2026. The strength of the balance sheet facilitates POET’s efforts to secure supplies of critical components through long-term strategic partnerships with key suppliers, potentially increasing its ability to fulfill orders and neutralizing the threat posed by critical shortages of some materials. POET Blazar™, the Company’s cutting-edge hybrid laser for its external light source product designed to power high-bandwidth data communications in artificial intelligence (AI) networks and hyperscale data centers, is currently on schedule for expected deployment at scale in 2028. The Company has more than 10 active customer engagements that combined are expected to exceed $100 million in future annual revenue. These engagements include the recently announced agreement with Lumilens, a previously-announced production order for 800G optical engines and a significant NRE agreement for External Light Source (ELS) applications from a new customer. The Company intends to add approximately 50 more staff to its global workforce of 115 within the next few months. Dr. Venkatesan’s full video presentation, including the Q&A segment that followed his remarks, can be accessed through the Company’s website at: https://poet-technologies.com/videos. The presentation slides alone can be found on the “Shareholders Meeting (AGM)” page of the Investors section of the website: https://www.poet-technologies.com/investors. Prior to the CEO’s update, the Company’s Senior VP, Finance and Administration, Kevin Barnes, delivered customary introductions and the call to order, and POET’s Chairman of the Compensation Committee, Glen Riley, conducted the formal business of the Meeting, which included the approval of all proposals outlined in the Company’s management information circular and voting material as previously distributed to shareholders. AGM Voting Results SummaryA detailed Report on Voting Results of the AGM follows. In summary, the shareholders of the Company approved the following proposals: Re-election of Suresh Venkatesan, Jean-Louis Malinge, Theresa Lan Ende, Glen Riley, Sohail Khan and Robert “Bob” Tirva as directors, with no director receiving less than 94.35% of the votes cast; Appointment of Davidson & Company LLP as the Company’s auditors by 97% of the votes cast; Detailed Report of AGM Voting ResultsIn accordance with section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, this report briefly describes the matters voted upon and the outcome of the votes at the annual general meeting of shareholders of POET Technologies Inc. (the "Company") held virtually via the MEETNOW.GLOBAL platform on June 26, 2026 (the "Meeting"). Each of the matters is described in greater detail in the Company's management information circular dated May 1, 2026 (the "Circular"). 1.     Election of Directors. Each of the nominees set for in the Circular were elected as directors to serve until the next annual meeting of shareholders, or until their respective successors are elected or appointed. The following table sets forth the vote of the shareholders at the Meeting with respect to the election of directors: 2.     Appointment of Davidson & Company LLP. The Company's shareholders approved the appointment of Davidson & Company LLP as auditors of the Company to hold office until the close of the next annual meeting of shareholders of the Company at such remuneration as may be fixed by the directors of the Company. The following table sets forth the vote of the shareholders at the Meeting with respect to the appointment of Davidson & Company LLP: The Company had 172,590,000 issued and outstanding shares at the time of the meeting. Restricted Stock Units (“RSUs”)Following the AGM, the POET Board of Directors met to elect officers and to determine RSU grants for directors. For their service on the Board of Directors until the next Annual General Meeting, the five independent directors were granted a total of 79,450 RSUs, which will vest on the first anniversary of the grant. The cash portion of each director’s compensation is paid over four quarters. Both are paid in accordance with an established formula for director compensation. The RSUs were granted subject to provisions of the Company’s 2025 Omnibus Incentive Plan and are subject to the NASDAQ Exchange policies and applicable securities laws. For further details on the Company’s share capital, refer to the Company’s Financial Statements and MD&A for the three-months ended March 31, 2026, which may be found on SEDAR+ and EDGAR. About POET Technologies Inc.POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers. POET's photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET's Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications. POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China. More information about POET is available on our website at www.poet-technologies.com. Cautionary Note Regarding Forward-Looking InformationThis news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Company's expectations with respect to its ability to advance customer and prospective customer relationships, its intentions to ramp production, its deployment of capital, its ability to secure supply chain partnerships, to increases sales, recruit new staff, and the Company’s ability overall to advance its business objectives. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Actual results could differ materially due to a number of factors, including, without limitation, potential changes in the Company’s capital needs, changes in the technological or macroeconomic environment that results in demand for the Companies products being less than expected, changes in production requirements, inability to source and install capital equipment, inability to find and recruit new staff or to qualify and deliver its products on time, and risks that the Company will not be able to identify or consummate suitable acquisitions and/or partnerships and risks relating to the integration and success of any acquisitions and/or partnerships that are consummated. For further information concerning these and other risks and uncertainties, refer to the Company's filings on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov. Prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise the forward-looking information and statements except as required by applicable securities laws. 120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075 Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6d376c66-db58-42e3-a262-0d8b5f517b1c https://www.globenewswire.com/NewsRoom/AttachmentNg/5507a4f1-9c79-4c63-8260-950b69d999e8

TORONTO, March 31, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its audited consolidated financial results for the fourth quarter ended December 31, 2025. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR+. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Management Commentary: “In Q4 2025, we made a decisive transition from development to execution, supported by substantial capital inflows and growing commercial validation of our technology,” said POET Chairman & CEO, Dr. Suresh Venkatesan. “We secured over US$225 million in financing during the quarter and an additional US$150 million in January 2026, giving us the resources to accelerate manufacturing scale-up and meet rising customer demand. We also received a production order exceeding US$5 million for our POET Infinity™ optical engines, reflecting continued customer momentum as deployments of next-generation optical solutions begin to scale. At the same time we are seeing strong alignment between our platform and the rapidly evolving requirements of AI-driven network architectures.” Dr. Venkatesan continued, “Our focus is firmly on execution — scaling production, delivering on customer programs and deepening engagements with key partners. We are advancing manufacturing readiness in Malaysia to support high-volume production of light source products beginning in Q2, followed by high-speed (800G) optical engines in Q3, positioning us to fulfill both existing and anticipated demand for our POET Infinity transmit and receive engines. In total, we expect to ship more than 30,000 optical engines this year across both high-speed and high-power segments, underscoring the scale of our ramp. We also expect previously announced module development partnerships to begin contributing revenue this year. “Importantly, we see a significant and expanding opportunity for our ELSFP (External Laser Small Form-Factor Pluggable) optical engines that extends well beyond the high-speed segment. Demand is accelerating across both high-speed and high-power applications, opening new avenues for growth as customers adopt more power-efficient, scalable optical architectures. The combination of our Blazar™ platform with the SmartFAU™, announced earlier, provides meaningful differentiation in the external light source segment and is expected to form the basis for new customer engagements this year. “To support this growth, we are investing aggressively in talent and capabilities. In 2025, we added 30 employees across senior leadership, engineering, and technical roles, with momentum continuing into Q1 2026 through the addition of 15 more hires. We are also actively evaluating strategic acquisitions to strengthen our talent base and secure differentiated component supply, supporting a revitalized module strategy across both light source and high-speed product lines. “The Optical Fiber Communications (OFC) Conference in Los Angeles marked our strongest validation to date. The POET Optical Interposer platform generated significant industry interest for its ability to enable current and future AI connectivity solutions. In particular, the POET Blazar hybrid laser attracted substantial attention as a cost-effective, high-performance solution for high-power, high-bandwidth, multi-channel light sources for Co-Packaged Optics (CPO), as well as GPU-to-GPU and GPU-to-memory optical interconnects. “With $430 million in cash and with customer engagement accelerating, our priority is to convert a growing pipeline into sustained revenue — building a strong foundation for long-term growth and increasing shareholder value.” Notable Business Highlights: Successfully completed three rounds of equity financing with new institutional investors at prices higher than prior financings, resulting in gross proceeds of $375,000,000. Received a production order valued at over US$5 million from a leading systems integrator for a shipment of POET Infinity™ optical engines for inclusion in their optical transceiver modules. Collaborated with Quantum Computing Inc. to develop 400G/Lane thin-film lithium niobate (TFLN) modulator-based 3.2Tbps engines that will be designed to lead the next era of AI interconnectivity and high-speed computing applications. Non-IFRS Financial Summary The Company reported non-recurring engineering (“NRE”) and product revenue of $341,202 in the fourth quarter of 2025 compared to $29,032 for the same period in 2024 and $298,434 in the third quarter of 2025. Historically the Company provided NRE services to multiple customers for unique projects that are being addressed utilizing the capabilities of the POET Optical Interposer. The Company reported a net loss of $42.7 million, or ($0.32) per share, in the fourth quarter of 2025 compared with a net loss $30.2 million, or ($0.50) per share, for the same period in 2024 and a net loss of $9.4 million, or ($0.11) per share, in the third quarter of 2025. The net loss in the fourth quarter of 2025 included research and development costs of $4.6 million compared to $3.4 million for the same period in 2024 and $3.7 million in the third quarter of 2025. Fluctuations in R&D for a Company of this size and this stage of growth are expected on a period-over-period basis as the Company transitions from technology development to product development. The largest component of the Company’s loss was from the non-cash fair value adjustment to derivative warrant liability of $30.6 million in the fourth quarter of 2025, compared to $12.4 million in the same period in 2024 and $2.4 million in the third quarter of 2025. This non-cash item relates to warrants issued in a foreign currency and is periodically remeasured. The increase was a result of the issuance of warrants and the increase in the Company’s stock price during the third quarter. Subsequent to the year end, the Company repriced the majority of the outstanding warrants that were originally priced in Canadian dollars to their US Dollar equivalent. Going forward, this action will eliminate the majority of the non-cash derivative warrant liability that is carried on the Statement of Financial Position as of 31 December 2025. Other non-cash expenses in the fourth quarter of 2025 included stock-based compensation of $2.2 million and depreciation and amortization of $0.9 million. Non-cash stock-based compensation and depreciation and amortization in the same period of 2024 were $1.4 million and $0.5 million, respectively. Third quarter 2025 stock-based compensation and depreciation and amortization were $1.8 million and $0.9 million, respectively. The Company had non-cash finance costs of $49,000 in the fourth quarter of 2025 compared to non-cash finance costs of $32,000 in the fourth quarter of 2024 and non-cash costs of $31,000 in the third quarter of 2025. The Company recognized other income, including interest of $2.5 million in the fourth quarter of 2025, compared to $511,000 in the same period in 2024 and $1.0 million in the third quarter of 2025. During the fourth quarter of 2025 the Company acquired the remaining 24.8% interest of SPX from SAIC. The acquisition of this interest resulted in a non-cash loss to the Company of $6,852,687. The Company did not have related costs in the fourth quarter of 2025 or the third quarter of 2025. Cash flow from operating activities in the fourth quarter of 2025 was ($11.6) million compared to ($8.7) million in the fourth quarter of 2024 and ($2.8) million in the third quarter of 2025. The Company raised gross proceeds of $225 million, including $225 million from the issuance of units from brokered and non-brokered equity offerings and $14.6 million from the exercise of warrants and stock options. Summary of Financial Performance The following is a summary of the Company’s operations over the five quarters ending December 31, 2025. This information should be read in conjunction with the Company’s financial statements filed on Sedar+ on March 31, 2026. About POET Technologies Inc. POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in California, USA, Shenzhen, China, Penang, Malaysia and Singapore. More information about POET is available on our website at www.poet-technologies.com. Forward-Looking Statements This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations for approval of proposals at the Company’s annual meeting of shareholders. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, financing activities, future growth, recruitment of personnel, opening of offices, the form and potential of its joint venture, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, the necessity to incur capital and other expenditures and the response by customers to marketing efforts, including public conferences and exhibitions. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its products to meet performance requirements, lack of sales in its products, once released, operational risks in the completion of the Company’s anticipated projects, lack of performance of its joint venture, the ability of the Company to generate sales for its products, the ability to attract key personnel, the ability to raise additional capital and a lack of response from customers to marketing efforts, including public conferences and exhibitions. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law. 120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075

HOBOKEN, N.J., March 2, 2026 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and integrated photonics technology company, today released financial results for the three and twelve-month periods ended December 31, 2025. Dr. Yuping Huang, Chief Executive Officer of QCi, commented, "In 2025 we continued to advance our strategy to build a vertically integrated photonics and quantum optics platform capable of supporting scalable, commercial applications across AI, high-performance computing, cybersecurity, and remote sensing. We completed and opened "Fab 1", our TFLN chip manufacturing facility in Tempe, Arizona, expanded our foundry services business, strengthened our leadership team and board, and raised over $1.5 billion to support our long-term growth strategy and technology roadmap. We are now seeing early customer engagement and revenue contribution from our foundry services and product portfolio as we continue progressing toward broad scale commercialization." "Subsequent to the close of the fourth quarter, we completed our acquisition of Luminar Semiconductor, Inc., which brings established capabilities in lasers, detectors, advanced packaging, and manufacturing. The acquisition adds an established customer base and accelerates our path to scalable manufacturing. As we move through 2026, we remain focused on advancing strategic partnerships, scaling our technology and manufacturing capabilities, and investing in talent across engineering, research and production to support continued growth and execution." Fourth Quarter 2025 Financial Highlights Fourth quarter 2025 revenues totaled approximately $198,000 compared to $62,000, a 219% increase. The year-over-year increase was driven primarily by hardware sales and services associated with our Fab 1 facility, which began contributing revenue during the year. Fourth quarter 2025 operating expenses totaled $22.1 million compared to the previous year's fourth quarter operating expenses of $8.9 million, an increase of 148%. The increase in operating expenses is the result of substantial growth in personnel for research and development, engineering, manufacturing and sales and marketing to support our long-term growth initiatives, as well as M&A expenses. The Company reported a net loss of $1.6 million, or a loss of $0.01 per basic share for the fourth quarter of 2025, compared to a net loss of $51.2 million or a loss of $0.47 per basic share for the same period of the previous year. The improvement in net loss during the quarter was primarily due to a gain of $7.0 million from the mark-to-market of a derivative liability, which is non-cash in nature and subject to future volatility, plus interest income of $13.6 million. Total assets at December 31, 2025 were $1.6 billion, increasing from $153.6 million at December 31, 2024. Cash and cash equivalents at December 31, 2025 increased by $658.9 million to $737.9 million from year-end 2024 and investments as of December 31, 2025 totaled $783 million. During the fourth quarter, the Company raised gross proceeds of $750 million through a private placement of common stock. Total liabilities at December 31, 2025 were $20.7 million, a decrease of $25.6 million compared to year-end 2024. As of December 31, 2025, the Company had stockholders' equity totaling $1.6 billion. Fourth Quarter 2025 Operational Highlights, plus updates since December 31, 2025 Acquisition of Luminar Semiconductor: During the quarter, QCi announced an agreement to acquire Luminar Semiconductor, Inc., which manufactures and sells a portfolio of photonic components and brings established capabilities in lasers, detectors, advanced packaging, and manufacturing, complementing QCi's position in TFLN integrated photonics. The all-cash transaction, valued at $110 million, was completed subsequent to the quarter on February 2, 2026. Completed $750 million Oversubscribed Private Placement: During the fourth quarter, QCi announced that it entered into securities purchase agreements with institutional investors for the purchase and sale of 37,183,937 shares of common stock in an oversubscribed private placement, resulting in gross proceeds of $750 million, before deducting offering expenses. Quantum Photonic Chip Foundry Update: QCi's Fab 1 facility, which is currently used as a research and development and prototyping space, has been ramping small-batch manufacturing and has begun to contribute revenue. The Company is actively planning for another manufacturing facility, known as Fab 2, which is expected to be larger facility designed to support higher-volume production. Dr. Yuping Huang confirmed as Chief Executive Officer: Dr. Yuping Huang was appointed CEO, effective January 1, 2026, after previously having been appointed Interim CEO in April 2025. Dr. Huang's appointment comes as part of QCi's ongoing focus on growth and scaling its quantum photonics systems for industrial and commercial use. Unveiled Photonics-Based Reservoir Computer, Neurawave: QCi debuted Neurawave, its newest reservoir computer, at SuperCompute25. Neurawave represented an important development for QCi as it delivers a photonic computing system designed to meet industry standards and seamlessly integrate with existing computing infrastructures. Strategic Collaboration with POET Technologies: During the quarter, QCi announced a strategic collaboration with POET Technologies, a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks, to develop 400G/Lane thin-film lithium niobate (TFLN) modulator-based 3.2Tbps engines designed to lead the next era of computing. Earnings Conference Call The Company will host its fourth quarter and year end conference call today, Monday, March 2, 2026, at 4:30 p.m. ET. To access the live webcast of the conference call, visit the QCi Investor Relations page at https://quantumcomputinginc.com/investor-relations. Investors may also access the webcast via the following link: https://www.webcaster5.com/Webcast/Page/3051/53656. To participate in the call by phone, dial (877) 545-0523 approximately five minutes prior to the scheduled start time. International callers please dial (973) 528-0016. Callers should use access code: 293172. A replay of the teleconference will be available until March 16, 2026, and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331. Callers should use conference ID: 53656. About Quantum Computing Inc. Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, quantum optics and integrated photonics technology company that provides accessible and affordable quantum machines and TFLN foundry services to the world today. QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications. Through its acquisition of Luminar Semiconductor, Inc., QCi accelerated its technology roadmap while expanding technical depth, manufacturing capabilities, and its product portfolio to photonics and optics components, subsystems, and systems. Company Contact: Rosalyn Christian/John Nesbett IMS Investor Relations [email protected] Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our expectations of future results, operational expansion and business strategy are forward-looking statements. The words "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "strategy," "future," "could," "would," "project," "plan," "target," and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC's website at www.sec.gov and the Investor Relations section of our website at https://quantumcomputinginc.com/investor-relations, which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. View original content to download multimedia:https://www.prnewswire.com/news-releases/quantum-computing-inc-reports-fourth-quarter-and-year-end-2025-financial-results-302701530.html

TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its unaudited condensed consolidated financial results for the third quarter ended September 30, 2025. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR+. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Management Commentary: “The third quarter of 2025 demonstrated continued progress toward commercialization of our optical engine and light source products. The placement of two successive initial production orders from two key customers valued at over $5.6 million is the beginning of a revenue ramp which we expect to increase steadily throughout 2026,” said Dr. Suresh Venkatesan, Chairman & CEO of POET Technologies. “The introduction of our 1.6T optical receiver, developed in collaboration with Semtech, enhances POET’s product leadership into the highest-performance segments of the AI interconnect market. We are also evolving our light-source product in partnership with Sivers Semiconductors, and expanding into the mobile AI telecom space with NTT Innovative Devices. These engagements form a foundation for accelerated customer adoption and revenue growth in high-volume AI networking solutions.” “Having developed one of the most flexible, high-performance assembly platforms available in the photonics space today, we are now focused on adding to our Optical Interposer advanced components to produce highly differentiated engines and modules for both high-speed interconnect and light-based chip-to-chip data communication. To support this strategy, we recently closed US$250 million in equity financing from three institutional investors, enabling both internal expansion of development and manufacturing capabilities and inorganic growth through acquisitions.” Notable Business Highlights: Introduced 1.6T optical receivers with Semtech supporting next generation AI clusters and data-center interconnects. Advanced POET Starlight light-source strategy through new partnerships with Sivers Semiconductors. Entry into the front-haul mobile networking space in collaboration with NTT Innovative Devices. Secured a US$5,000,000 initial order for 800G transmit and receive engines, confirming readiness for volume production. Successfully completed three rounds of equity financing with three institutional investors at prices ranging from $5.00 to $7.25 per share for gross proceeds of $250,000,000. Non-IFRS Financial Summary The Company reported non-recurring engineering (“NRE”) and product revenue of $298,434 in the third quarter of 2025 compared to $3,685 for the same period in 2024 and $268,469 in the second quarter of 2025. Historically the Company provided NRE services to multiple customers for unique projects that are being addressed utilizing the capabilities of the POET Optical Interposer™. The Company only had small product revenue in Q3 2025. The Company reported a net loss of $9.4 million, or $0.11 per share, in the third quarter of 2025 compared with a net loss of $12.7 million, or $0.20 per share, for the same period in 2024 and a net income of $17.3 million, or 0.21 per share, in the second quarter of 2025. The net loss in the third quarter of 2025 included research and development costs of $3.7 million compared to $1.8 million for the same period in 2024 and $3.1 million in the second quarter of 2025. Fluctuations in R&D for a Company of this size and this stage of growth is expected on a period-over-period basis as the Company transitions from technology development to product development. The Company reported non-cash loss in the fair value adjustment to derivative warrant liability of $2.4 million in the third quarter of 2025, compared to a loss of $6.2 million in the same period in 2024 and a loss of $7.5 million in the second quarter of 2025. This non-cash item relates to warrants issued in a foreign currency and is periodically remeasured. Other non-cash expenses in the third quarter of 2025 included stock-based compensation of $1.9 million and depreciation and amortization of $0.9 million. Non-cash stock-based compensation and depreciation and amortization in the same period of 2024 were $1.5 million and $0.5 million, respectively. First quarter 2025 stock-based compensation and depreciation and amortization were $1.2 million and $0.8 million, respectively. The Company had non-cash finance costs of $31,000 in the third quarter of 2025 compared to non-cash finance costs of $30,000 in the third quarter of 2024 and non-cash costs of $31,000 in the second quarter of 2025. The Company recognized other income, including interest of $1.0 million in the third quarter of 2025, compared to $0.2 million in the same period in 2024 and $0.5 million in the second quarter of 2025. Cash flow from operating activities in the third quarter of 2025 was ($2.8) million compared to ($5.5) million in the third quarter of 2024 and ($7.7) million in the second quarter of 2025. Summary of Financial Performance The following is a summary of the Company’s operations over the five quarters ending September 30, 2025. This information should be read in conjunction with the Company’s financial statements filed on Sedar + on November 13, 2025. About POET Technologies Inc. POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained "Edge" computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com. Forward-Looking Statements This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations for approval of proposals at the Company’s annual meeting of shareholders. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, financing activities, future growth, recruitment of personnel, opening of offices, the form and potential of its joint venture, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its products to meet performance requirements, lack of sales in its products, once released, operational risks in the completion of the Company’s anticipated projects, lack of performance of its joint venture, risks affecting the Company’s ability to execute projects, the ability of the Company to generate sales for its products, the ability to attract key personnel, the ability to raise additional capital and the agreement by shareholders to approve proposals put forth by the Company at shareholders’ meetings. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law. 120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075

TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- In a press release under the same headline issued earlier today by POET Technologies Inc. (TSX Venture: PTK; NASDAQ: POET), please note the second paragraph under "Non-IFRS Financial Summary" should read "a net loss of $17.3 million" rather than "a net income of $17.3 million" as originally issued. Complete corrected text follows. POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its unaudited condensed consolidated financial results for the third quarter ended September 30, 2025. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR+. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Management Commentary: “The third quarter of 2025 demonstrated continued progress toward commercialization of our optical engine and light source products. The placement of two successive initial production orders from two key customers valued at over $5.6 million is the beginning of a revenue ramp which we expect to increase steadily throughout 2026,” said Dr. Suresh Venkatesan, Chairman & CEO of POET Technologies. “The introduction of our 1.6T optical receiver, developed in collaboration with Semtech, enhances POET’s product leadership into the highest-performance segments of the AI interconnect market. We are also evolving our light-source product in partnership with Sivers Semiconductors, and expanding into the mobile AI telecom space with NTT Innovative Devices. These engagements form a foundation for accelerated customer adoption and revenue growth in high-volume AI networking solutions.” “Having developed one of the most flexible, high-performance assembly platforms available in the photonics space today, we are now focused on adding to our Optical Interposer advanced components to produce highly differentiated engines and modules for both high-speed interconnect and light-based chip-to-chip data communication. To support this strategy, we recently closed US$250 million in equity financing from three institutional investors, enabling both internal expansion of development and manufacturing capabilities and inorganic growth through acquisitions.” Notable Business Highlights: Introduced 1.6T optical receivers with Semtech supporting next generation AI clusters and data-center interconnects. Advanced POET Starlight light-source strategy through new partnerships with Sivers Semiconductors. Entry into the front-haul mobile networking space in collaboration with NTT Innovative Devices. Secured a US$5,000,000 initial order for 800G transmit and receive engines, confirming readiness for volume production. Successfully completed three rounds of equity financing with three institutional investors at prices ranging from $5.00 to $7.25 per share for gross proceeds of $250,000,000. Non-IFRS Financial Summary The Company reported non-recurring engineering (“NRE”) and product revenue of $298,434 in the third quarter of 2025 compared to $3,685 for the same period in 2024 and $268,469 in the second quarter of 2025. Historically the Company provided NRE services to multiple customers for unique projects that are being addressed utilizing the capabilities of the POET Optical Interposer™. The Company only had small product revenue in Q3 2025. The Company reported a net loss of $9.4 million, or $0.11 per share, in the third quarter of 2025 compared with a net loss of $12.7 million, or $0.20 per share, for the same period in 2024 and a net loss of $17.3 million, or 0.21 per share, in the second quarter of 2025. The net loss in the third quarter of 2025 included research and development costs of $3.7 million compared to $1.8 million for the same period in 2024 and $3.1 million in the second quarter of 2025. Fluctuations in R&D for a Company of this size and this stage of growth is expected on a period-over-period basis as the Company transitions from technology development to product development. The Company reported non-cash loss in the fair value adjustment to derivative warrant liability of $2.4 million in the third quarter of 2025, compared to a loss of $6.2 million in the same period in 2024 and a loss of $7.5 million in the second quarter of 2025. This non-cash item relates to warrants issued in a foreign currency and is periodically remeasured. Other non-cash expenses in the third quarter of 2025 included stock-based compensation of $1.9 million and depreciation and amortization of $0.9 million. Non-cash stock-based compensation and depreciation and amortization in the same period of 2024 were $1.5 million and $0.5 million, respectively. First quarter 2025 stock-based compensation and depreciation and amortization were $1.2 million and $0.8 million, respectively. The Company had non-cash finance costs of $31,000 in the third quarter of 2025 compared to non-cash finance costs of $30,000 in the third quarter of 2024 and non-cash costs of $31,000 in the second quarter of 2025. The Company recognized other income, including interest of $1.0 million in the third quarter of 2025, compared to $0.2 million in the same period in 2024 and $0.5 million in the second quarter of 2025. Cash flow from operating activities in the third quarter of 2025 was ($2.8) million compared to ($5.5) million in the third quarter of 2024 and ($7.7) million in the second quarter of 2025. Summary of Financial Performance The following is a summary of the Company’s operations over the five quarters ending September 30, 2025. This information should be read in conjunction with the Company’s financial statements filed on Sedar + on November 13, 2025. About POET Technologies Inc. POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained "Edge" computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com. Forward-Looking Statements This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations for approval of proposals at the Company’s annual meeting of shareholders. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, financing activities, future growth, recruitment of personnel, opening of offices, the form and potential of its joint venture, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its products to meet performance requirements, lack of sales in its products, once released, operational risks in the completion of the Company’s anticipated projects, lack of performance of its joint venture, risks affecting the Company’s ability to execute projects, the ability of the Company to generate sales for its products, the ability to attract key personnel, the ability to raise additional capital and the agreement by shareholders to approve proposals put forth by the Company at shareholders’ meetings. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law. 120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075

TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2025. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR+. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Management Commentary: “The second quarter of 2025 marked a major step forward in preparing for volume production of optical engines at Globetronics, with all equipment now installed and operational,” said Dr. Suresh Venkatesan, Chairman & CEO of POET Technologies. “In addition, we expanded our manufacturing capabilities by engaging with NationGate Solutions (M) Sdn. Bhd in Malaysia to build our light source products. Customers have been visiting Malaysia as we qualify both facilities for production. “Our customer engagements are intensifying and expanding. We added Lessengers as a new customer based in Korea, which has committed to a module development using POET’s 800G optical engines. “In May, we closed a $30 million private placement—the largest single financing in our history—providing us with the capital needed to support near-term growth. Together, the manufacturing expansion, customer engagements, and financings reinforce our confidence that we can meet our growth objectives.” Notable Business Highlights: Partnered with Lessengers, an innovative optical solution provider based in South Korea, to offer a differentiated 800G DR8 transceiver. Expanded production capacity by signing a Master Agreement, Module Purchase Agreement and a Deed of Consignment with NationGate Solutions (M) Sdn. Bhd, to manufacture optical engine assemblies for POET in Penang, Malaysia. Successfully completed another round of equity financing at $5.00 per share for gross proceeds of $30,000,000. Selected as the winner of the “AI Hardware Innovation Award” in the 8th annual AI Breakthrough Awards. This was the sixth notable award the Company has won in the past 12 months. Non-IFRS Financial Summary The Company reported non-recurring engineering (“NRE”) and product revenue of $268,469 in the second quarter of 2025 compared to nil for the same period in 2024 and $166,760 in the first quarter of 2025. Historically the Company provided NRE services to multiple customers for unique projects that are being addressed utilizing the capabilities of the POET Optical Interposer™. The Company only had small product revenue in Q2 2025. The Company reported a net loss of $17.3 million, or $0.21 per share, in the second quarter of 2025 compared with a net loss of $8.0 million, or ($0.14) per share, for the same period in 2024 and a net income of $6.3 million, or 0.08 per share, in the first quarter of 2025. The net loss in the second quarter of 2025 included research and development costs of $3.2 million compared to $2.1 million for the same period in 2024 and $4.4 million in the first quarter of 2025. Fluctuations in R&D for a Company of this size and this stage of growth is expected on a period-over-period basis as the Company transitions from technology development to product development. The largest component of the Company’s loss was from the non-cash loss in the fair value adjustment to derivative warrant liability of $7.5 million in the second quarter of 2025, compared to a loss of $1.4 million in the same period in 2024 and a non-cash gain of $15.4 million in the first quarter of 2025. This non-cash item relates to warrants issued in a foreign currency and is periodically remeasured. Other non-cash expenses in the second quarter of 2025 included stock-based compensation of $1.2 million and depreciation and amortization of $0.8 million. Non-cash stock-based compensation and depreciation and amortization in the same period of 2024 were $1.6 million and $0.5 million, respectively. First quarter 2025 stock-based compensation and depreciation and amortization were $0.8 million and $0.7 million, respectively. The Company had non-cash finance costs of $31,000 in the second quarter of 2025 compared to non-cash finance costs of $21,000 in the second quarter of 2024 and non-cash costs of $33,000 in the first quarter of 2025. The Company recognized other income, including interest of $533,000 in the second quarter of 2025, compared to $175,000 in the same period in 2024 and $528,000 in the first quarter of 2025. Cash flow from operating activities in the second quarter of 2025 was ($7.7) million compared to ($4.5) million in the second quarter of 2024 and ($8.9) million in the first quarter of 2025. Summary of Financial Performance The following is a summary of the Company’s operations over the five quarters ending June 30, 2025. This information should be read in conjunction with the Company’s financial statements filed on Sedar + on August 11, 2025. Restricted Stock Unit (“RSU”) Grant On August 7, 2025, the board of directors of the Company approved the grant of 2,121,771 RSUs at a price of $5.42, being the closing price of the Company’s shares on the Nasdaq on August 6, 2025. The RSUs were granted to officers of the Company. The RSUs will vest 33.33% on the first, second and third anniversaries of the grant. Should an officer resign prior to being fully vested, the RSUs will be vested pro-rata based on the time served from the date of grant to the date of resignation or termination. The RSUs were granted subject to provisions of the Company’s 2025 Omnibus Incentive Plan and are subject to the TSX Venture Exchange policies and applicable securities laws. About POET Technologies Inc. POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained "Edge" computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com. Forward-Looking Statements This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations for approval of proposals at the Company’s annual meeting of shareholders. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, financing activities, future growth, recruitment of personnel, opening of offices, the form and potential of its joint venture, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its products to meet performance requirements, lack of sales in its products, once released, operational risks in the completion of the Company’s anticipated projects, lack of performance of its joint venture, risks affecting the Company’s ability to execute projects, the ability of the Company to generate sales for its products, the ability to attract key personnel, the ability to raise additional capital and the agreement by shareholders to approve proposals put forth by the Company at shareholders’ meetings. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075

TORONTO, June 30, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets today reported the voting results of its Annual General and Special Meeting (the ”Meeting” or “AGSM”), which was held virtually on Friday, June 27, 2025. The Company’s VP Finance and Administration, Kevin Barnes, delivered customary introductions and the call to order, and POET’s Chairman of the Compensation Committee, Glen Riley, conducted the formal business of the Meeting, which included the approval of all proposals outlined in the Company’s management information circular and voting material as previously distributed to shareholders. Following the completion of the formal business portion of the Meeting, the Company presented a video highlighting the transformation of its operations—from product development through to manufacturing. This was followed by a presentation from Chief Executive Officer Dr. Suresh Venkatesan, who provided an overview of the Company’s 2024 activities and outlined near-term opportunities. A brief Q&A session concluded the presentations. The video presentation can be accessed from the Company’s website at: https://poet-technologies.com/videos. AGSM Voting Results Summary A detailed Report on Voting Results of the AGSM follows. In summary, the shareholders of the Company approved the following proposals: Re-election of Suresh Venkatesan, Jean-Louis Malinge, Theresa Lan Ende, Glen Riley and Robert “Bob” Tirva as directors, with no director receiving less than 94% of the votes cast; Appointment of Davidson & Company LLP as the Company’s auditors by 96% of the votes cast; Approval of the Corporation’s Omnibus Equity Incentive Plan by 84% of the votes cast, which included an increase in the number of awards available to 17,007,771, representing 20% of the 85,022,787 common shares issued at the time of the meeting. Detailed Report of AGSM Voting Results In accordance with section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, this report briefly describes the matters voted upon and the outcome of the votes at the annual general and special meeting of shareholders of POET Technologies Inc. (the "Company") held virtually via the MEETNOW.GlOBAL platform on June 27, 2025 (the "Meeting"). Each of the matters is described in greater detail in the Company's management information circular dated May 1, 2025 (the "Circular") 1. Election of Directors. Each of the nominees set for in the Circular were elected as directors to serve until the next annual meeting of shareholders, or until their respective successors are elected or appointed. The following table sets forth the vote of the shareholders at the Meeting with respect to the election of directors: 2. Appointment of Davidson & Company LLP. The Company's shareholders approved the appointment of Davidson & Company LLP as auditors of the Company to hold office until the close of the next annual meeting of shareholders of the Company at such remuneration as may be fixed by the directors of the Company. The following table sets forth the vote of the shareholders at the Meeting with respect to the appointment of Davidson & Company LLP: 3. Amendment to Omnibus Plan The Company's shareholders approved by an ordinary resolution an amendment to the Company’s omnibus equity incentive plan (the “Omnibus Plan”). The following table sets forth the vote of the shareholders at the Meeting with respect to the Omnibus Plan: The Company had 85,022,787 issued and outstanding shares at the time of the meeting. The awards issuable under the Omnibus Plan has been amended to 17,007,771. Restricted Stock Units (“RSUs”) Following the AGSM, the POET Board of Directors met to elect officers and to determine RSU grants for directors. For their service on the Board of Directors until the next Annual General Meeting, the directors were granted a total of 72,340 RSUs which will vest on the first anniversary of the grant. Should a director resign prior to the first anniversary of the grant, the RSUs will be vested pro-rata based on the time served as a director from the date of grant to the date of resignation. The number of RSUs granted was based on the allocation of total compensation to equity, using a per share price of CAD$7.23, being the closing price of the Company’s shares on June 27, 2025. The cash portion of each director’s compensation is paid over four quarters. Both are paid in accordance with an established formula for director compensation. The RSUs were granted subject to provisions of the Company’s 2025 Omnibus Incentive Plan and are subject to the TSX Venture Exchange policies and applicable securities laws. For further details on the Company’s share capital, refer to the Company’s Financial Statements and MD&A for the three-months ended March 31, 2025, which may be found on SEDAR+ and EDGAR. About POET Technologies Inc. POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained "Edge" computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in Shenzhen, China, Penang, Malaysia and Singapore. More information about POET is available on our website at www.poet-technologies.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075