TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.