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poLight ASA ( (DE:3OL0) ) has provided an announcement.
poLight ASA announced that its TLens® tunable optics product has been integrated into a new enterprise mixed reality head-mounted device, marking a significant design win for the company. This development, coupled with a mass production order worth approximately NOK 0.4 million from an existing customer, underscores poLight’s market leadership and the growing adoption of its technology in advanced AR/MR devices.
More about poLight ASA
poLight ASA, listed on the Oslo Stock Exchange under the ticker PLT, specializes in patented tunable optics technology. Their flagship product, TLens®, is designed to replicate the human eye experience in autofocus cameras. This technology is utilized in various devices including smartphones, wearables, barcode scanners, and medical equipment, offering advantages such as fast focus, small size, and low power consumption. The company operates globally with a presence in several countries including Norway, Finland, France, and the US.
Average Trading Volume: 309,393
Current Market Cap: NOK988.4M
Learn more about 3OL0 stock on TipRanks’ Stock Analysis page.