POET Technologies Provides Purchase Order Update
POET Technologies Inc. announced the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc., due to POET's breach of confidentiality obligations. POET remains focused on its strategic priorities and advancing product development in AI and optical networking markets.
POET Technologies Inc., a leader in designing and implementing optical engines for artificial intelligence networks, announced the cancellation of all purchase orders from Celestial AI. Marvell Semiconductor Inc., which acquired Celestial AI, provided written notice of the cancellation on April 23, 2026, citing POET's disclosure of confidential information. POET remains focused on executing its strategic priorities and advancing product development in the AI and optical networking markets. The company is fulfilling product deliveries for other customers, including a recently disclosed $5 million purchase order. POET's products are designed for the artificial intelligence systems market and hyperscale data centers.
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