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poLight ASA ( (DE:3OL0) ) has shared an announcement.
poLight ASA has secured a follow-on TLens® order worth about NOK 1.9 million from an existing Chinese customer in the machine vision and barcode scanner market, with delivery expected to be completed in the first quarter of 2026. The repeat business underscores growing demand for poLight’s tunable optics in industrial imaging applications and supports management’s view that the forthcoming launch of its MLens® M12 lens platform will further strengthen the company’s competitive position in this expanding segment.
More about poLight ASA
poLight ASA, listed on the Oslo Stock Exchange, develops and sells patented tunable optics technology, led by its TLens® product that mimics the human eye’s autofocus for use in smartphones, wearables, barcode scanners, machine vision systems and medical equipment. Its lenses offer extremely fast focus, compact size, low power consumption, no magnetic interference and a constant field of view, and the company operates globally from its base in Tønsberg, Norway, with staff across Europe, Asia and the US.
Average Trading Volume: 1,188,575
Current Market Cap: NOK1.41B
For a thorough assessment of 3OL0 stock, go to TipRanks’ Stock Analysis page.