Latest news with #MetaOpticsTechnologies
Business Times
30-07-2025
- Business
- Business Times
Local startup MetaOptics Technologies lodges preliminary prospectus for Catalist IPO
[SINGAPORE] MetaOptics Technologies , a Singapore-headquartered semiconductor optics startup, on Wednesday (Jul 30) lodged its preliminary prospectus for a listing on the Singapore Exchange's Catalist board. It could become the third company to list on the Catalist board this year, following the debut of urban revitalisation specialist Lum Chang Creations on Jul 21, and the preliminary prospectus filing by design-and-build firm Dezign Format last month. In its offer document, MetaOptics said it is principally engaged in the metalens technology business. It designs and manufactures meta-optics components and products, such as metalenses, metalens camera modules, as well as metalens manufacturing equipment. Metalenses are ultra-thin optical devices with a wide range of applications, including smartphones, wearable displays for augmented and virtual reality, machine vision systems, bio-imaging and endoscopy. Tapping a growing market MetaOptics, which was founded in 2021, said it is the first pure-play metalens company globally to seek a public listing. The proposed listing is managed and sponsored by Zico Capital. The startup intends to use the bulk of the proceeds from the placement share issue for product development, research and development (R&D), as well as strategic partnerships. These include expanding its R&D team and funding the development of rectangular metalenses. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up It also plans to expand its business organically and through mergers and acquisitions, joint ventures and strategic alliances. A portion of the proceeds will go towards working capital and general corporate purposes. MetaOptics' proprietary technology includes artificial intelligence (AI) algorithms that enhance the performance of metalens-based imaging systems. It also holds intellectual property rights over direct etching on glass substrates – a breakthrough in fabrication methods, which are conventionally silicon-based. Such innovations could help the company to capitalise on the rapid expansion of the global optical metalens market. It is projected to grow at a compound annual growth rate of 74.8 per cent from 2024 to 2029, with the total market size estimated to reach US$493 million by 2029. Mark Thng, executive chairman and chief executive officer of MetaOptics, said: 'Central to our plan is the miniaturisation of devices and the integration of metalenses across a broad spectrum of smart device applications, including optical sensors, cameras, (AI and smart) glasses, autonomous vehicles', as well as augmented and mixed-reality displays. This would enable 'slimmer, more intelligent, and energy-efficient solutions', he added. To support its growth ambitions and meet client demands, MetaOptics is expanding into key overseas markets, the CEO said. It is also scaling up the deployment of its metalens solutions in the global smart device industry. For FY2024, MetaOptics posted a net loss of S$2.3 million on a revenue of S$79,440. The company noted limited revenue generation at its current stage of growth, and said that its losses were due primarily to operating and administrative expenses. It posted net losses of S$1.2 million and S$1.1 million for FY2023 and FY2022, respectively. That figure stood at S$706,391 for the first quarter of 2025. MetaOptics acknowledged that it might continue to operate at a loss, which could materially affect its working capital and cash reserves. It also said that, as an early-stage high-technology firm, it was unable to pay dividends and would only do so once the board deemed it financially viable.
Yahoo
16-06-2025
- Business
- Yahoo
Startup makes revolutionary breakthrough that could change camera tech forever: 'A significant advancement'
MetaOptics Technologies didn't set out to create just another camera lens. The startup wanted to revolutionize optics from the ground up — making them lighter, smarter, and better for the planet. With a breakthrough that's now capturing the attention of major tech players, the company is proving it's possible to do all three, reported Tech In Asia. The company's journey began with a simple question: Could traditional plastic-heavy camera lenses be made more efficient — and more sustainable? With that lightbulb moment, the team brought together research scientists, engineers, and designers to rethink how lenses are made and used. The result was the Advanced Color Metalens Imaging System — a first-of-its-kind single-layer glass "metalens" that uses AI and nanophotonics to outperform traditional multi-layer optics. Thinner, lighter, and more durable than plastic lenses, MetaOptics' system also produces sharper, more vibrant images — even in low light — and reduces plastic waste in the process. By eliminating the need for bulky, multi-component lenses in smartphones, laptops, VR devices, and security cameras, the company reduces plastic use. It minimizes production materials and opens doors to sleeker, more sustainable tech. The lens's advanced image-tuning software also reduces the need for post-processing, saving time and energy downstream. Since launching in July 2024, MetaOptics has already secured purchase orders for direct laser writers and is exploring opportunities to scale in medical imaging and consumer electronics. After showcasing the lens system at CES, interest from major tech brands quickly followed — a strong sign that the future of imaging could look a lot clearer and greener. MetaOptics' story is a reminder that tackling climate problems doesn't always mean starting big. Sometimes, it's as simple as flipping the script on everyday objects we take for granted. Would you live in a home made of bacteria? Absolutely Depends on the cost Depends how it looks No way Click your choice to see results and speak your mind. Senior corresponding author Junsuk Rho, Mu-Eun-Jae endowed chair professor at POSTECH in Korea, summed it up best in an article shared by "This deep-learning-driven system marks a significant advancement in the field of optics, offering a new pathway to creating smaller, more efficient imaging systems without sacrificing quality." If a startup like MetaOptics can reimagine something as established as a camera lens, imagine what else is possible. You can be part of the movement by choosing to support eco-friendly initiatives by your favorite brands — it's a simple shift that helps drive innovation and sustainability forward. Join our free newsletter for weekly updates on the latest innovations improving our lives and shaping our future, and don't miss this cool list of easy ways to help yourself while helping the planet.
Business Times
19-05-2025
- Business
- Business Times
A startup, a scale-up and a hospital bag top accolades at maiden Design AI and Tech Awards
[SINGAPORE] Home-grown semiconductor optics startup MetaOptics Technologies, local autonomous cleaning robot firm LionsBot and Sengkang General Hospital clinched top honours at the inaugural Design AI and Tech Awards (Daita) on Monday (May 19). Jointly organised by The Business Times (BT) and the Singapore University of Technology and Design (SUTD), the competition aims to spur innovators from startups and companies to harness design and technology to develop groundbreaking solutions that tackle real-life business challenges. Daita was launched in October 2024 with multi-asset investment firm Granite Asia as a supporting partner. MetaOptics swept the judges with its advanced colour metalens imaging system that features a single-glass layer alternative to traditional multi-layer curved plastic lenses. Its deputy chief executive officer Aloysius Chua said in his presentation: 'The challenge today with traditional three-dimensional optics is the bulkiness, complexity and high costs.' He explained that metalenses, also known as flat optics or 2D lenses, are single layers of glass made up of millions of circular pillars of varying diameters – each as thin as one-thousandth of a human hair – at the same height.
Business Times
16-05-2025
- Business
- Business Times
MetaOptics' single-layered glass lens improves performance and sustainability
[SINGAPORE] Local semiconductor optics startup MetaOptics Technologies is harnessing nanophotonics and artificial intelligence (AI) to overhaul traditional lens systems used in consumer electronics, augmented and virtual reality and scientific imaging. Its flagship innovation, the Advanced Color Metalens Imaging System, replaces multi-layer plastic lenses with a single-layer glass metalens. Using deep ultraviolet (DUV) immersion lithography on 12-inch wafers – a process borrowed from semiconductor manufacturing – the system dramatically reduces the thickness and weight of camera modules, while offering enhanced durability and colour accuracy. The cameras in today's smartphones and point-and-shoot devices typically rely on stacked layers of plastic or glass lenses to focus light. Innovative lenses But this bulky architecture may soon be obsolete. Metalenses are flat optical components that can perform the same function using just a single layer of intricately patterned nanostructures. SEE ALSO EtonHouse teachers now teach more and do less admin with AI GET BT IN YOUR INBOX DAILY Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up VIEW ALL MetaOptics uses semiconductor fabrication techniques to etch millions of microscopic pillars – each about 1/800th the width of a human hair – onto glass wafers. A 1.5 mm lens can contain more than six million of these nano-pillars, precisely engineered to manipulate light and focus images with incredible accuracy. MetaOptics identified problems with bulky optics, environmental concerns and inconsistent image quality in compact devices, based on feedback from the industry. By working with engineers, designers and software developers, they created a single-layer RGB glass lens that can independently tune red, green and blue light without filters – producing sharper, more vibrant images. To further enhance imaging, MetaOptics developed AI-based software that performs real-time fusion of RGB channels, automatically fine-tuning contrast, sharpness and noise. The company's proprietary algorithms restore image quality to near-original, high-resolution levels, even under varying lighting conditions – a challenge that has long plagued mobile and embedded imaging systems.
