It is interesting the kind of leverage that can be brought to bear with the first right of refusal. POET can own the whole PIE or can join forces to with a partner to leverage the first right of refusal. Getting ahead of myself but it is certainly something to think about as POET launches the integrated photonics centre of excellence in Singapore. Will partners be invited to join?
The Singapore operations will further the development and production of Poet's key technologies, including those developed with the joint program Poet established with the Institute of Materials Research and Engineering (IMRE) in Singapore earlier this year. The planned initiatives are expected to gradually add up to 30 engineers and scientists to Poet as the R&D centre is established.
Enjoy the day!
