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An announcement from poLight ASA ( (DE:3OL0) ) is now available.
In Q2 2025, poLight ASA entered a strategic investment agreement with Q Technology Group, enhancing its market activity and securing NOK 222.9 million through a private placement. The company saw positive developments in the barcode and machine vision markets, with repeat orders and new design-ins. A significant purchase order was received to support a qualification program for a potential consumer product. The company’s market position is strengthening, with increased visibility of growth opportunities, despite a negative EBITDA of NOK -29.1 million. Cash reserves increased to NOK 273.1 million by the end of June 2025.
More about poLight ASA
poLight ASA, listed on the Oslo Stock Exchange, specializes in patented tunable optics technology, notably its TLens® product, which mimics the human eye’s autofocus capabilities. This technology is utilized in smartphones, wearables, barcode scanners, machine vision systems, and medical equipment, offering benefits such as fast focus, low power consumption, and no magnetic interference. The company is headquartered in Tønsberg, Norway, with a global presence including operations in Finland, France, the UK, the US, China, Taiwan, Japan, and the Philippines.
Average Trading Volume: 387,226
Current Market Cap: NOK975.3M
See more insights into 3OL0 stock on TipRanks’ Stock Analysis page.