Latest news with #photonics
Yahoo
a day ago
- Business
- Yahoo
Sivers Semiconductors Wins Contract from aiRadar to Develop Advanced 28GHz Antenna Module
KISTA, Sweden, June 10, 2025 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced it has received a purchase order from aiRadar Inc., a leader in next-generation radar imaging systems. The order is for the development of a state-of-the-art 28GHz antenna module based on Sivers' high-performance TRX BF02 beamforming transceiver chip. "This partnership with aiRadar is a clear example of how our technology can be adapted beyond telecom to empower cutting-edge radar applications," said Harish Krishnaswamy, Managing Director - Wireless Business Unit, Sivers Semiconductor. "The requirements for performance, form factor and reliability are incredibly demanding, especially in aerospace and defense. By combining our beamforming technology with aiRadar's advanced signal processing, we're helping push the boundaries of what's possible in modern radar systems." The new antenna module will power aiRadar's latest radar systems targeting both commercial and defense markets, with an emphasis on defense applications such as high-performance drone platforms. The collaboration combines Sivers' expertise in advanced RFIC design with aiRadar's cutting-edge radar technology to deliver a compact, high-resolution radar solution with next-generation capabilities. "We're excited to expand our offering of sophisticated multimode radars into the Ka frequency band using the TRX BF02 module," Michael Grigorian, COO, aiRadar Inc. "Sivers' technology will enable new product ranges for our DroneSAR surveillance system and our drone detection capability. The success of our partnership demonstrates the synergy between aiRadar's expertise in radar systems and Sivers' excellence in RF design and production." The TRX BF02 is a 28GHz Radio Frequency Integrated Circuit (RFIC) designed to support the full frequency range from 24.0 GHz to 29.5 GHz, making it an ideal fit for licensed 5G and advanced radar systems. It supports data rates up to 5 Gbit/s and features a 16TX+16RX channel beamforming transceiver. With an operating temperature range of -40°C to +85°C, the solution is engineered for scalable, high-performance radar deployments. For more information, please visit CONTACT: Media Contact Tyler Weiland Shelton Group+1-972-571-7834tweiland@ Company ContactVickram VathulyaCEOir@ This information was brought to you by Cision View original content: SOURCE Sivers Semiconductors Sign in to access your portfolio
Forbes
2 days ago
- Business
- Forbes
Why Lumentum Stock Could Have 20% Upside Potential
Shares of Lumentum Holdings (LITE) gained momentum after the optical and photonic products manufacturer raised its fiscal fourth-quarter guidance above prior expectations and announced it will reach a key revenue milestone sooner than anticipated. What does Lumentum do? Lumentum designs and manufactures optical and photonic products enabling optical networking and laser applications worldwide and has expertise in foundational Technologies critical to AI. Lumentum's upbeat outlook, strong competitive positioning, robust and innovative product technology, and strategic shift of manufacturing footprint out of China into Thailand appear to be positive developments for investors. Improved Guidance: The company now expects to achieve $500 million in quarterly revenue in Q1 FY26 - one quarter ahead of its previous timeline—signaling stronger-than-expected business momentum. For Q4, Lumentum raised its adjusted earnings per share (EPS) forecast to $0.78–$0.85, up from prior guidance of $0.70–$0.80, and ahead of the $0.75 consensus. This is way higher than the $0.57 eps that it reported for Q3. It also revised its revenue outlook upward to $465 million–$475 million, compared to the previous range of $440 million–$470 million, topping the $457.46 million consensus estimate. This is also sequentially higher from the $425.2 million reported for Q3. The operating margin forecast was raised as well, now projected at 14%–15%, versus the earlier 13%–14% range, also higher than 10.8% operating margin in Q3. Lumentum reaffirmed its longer-term goal of reaching $600 million in quarterly revenue by Q4 FY26 or Q1 FY27. The updated guidance is higher sequentially and reinforces confidence in Lumentum's growth prospects. The company sees its markets growing at a greater than 25% compound annual growth rate over the next five years, driven by an accelerating convergence of optics and electronics. Lumentum has long-term goals of revenue of $750 million a quarter (or $3 billion a year), gross margins above 40% and operating margins greater than 20%. Majority of revenue growth and Greater than 1100 bps of margin expansion are expected to come from AI and cloud businesses. Strong competitive positioning: Despite broader uncertainty, Lumentum's cloud business continues to remain a bright spot. Cloud & Networking revenue climbing 8% quarter-over-quarter and 16% year-over-year on strong hyperscaler demand. Lumentum builds optical components for every type of network virtually. Lumentum said in its Q3 earnings call that it has already secured three major cloud transceiver customer wins and more are expected, thanks to its components being embedded throughout the ecosystem, including within competitor transceivers. In other words, even when a rival supplies the full module, Lumentum still benefits. In Q4, Lumentum expects its overall cloud transceiver revenue to grow over 50% sequentially. It set a record for its EML chipset shipments in the third quarter of 2025, and remains on track to more than double this business by the end of calendar 2025. Strategic navigation of tariff landscape: Higher material costs and tariffs will dent Lumentum's Q4 gross margin by 100-basis-points, yet it sees a sequential increase in gross margins from Q3. Lumentum's decision to expand manufacturing in Thailand while moving out of China looks like smart hedging in an increasingly volatile trade landscape. With Trump's unpredictability and Xi Jinping's hardline posture, a quick resolution to the China-U.S. standoff seems unlikely. For most of its shipments, Lumentum is not the importer of record, which has simplified tariff-related conversations with customers. As the company explained on its Q3 earnings call: Risks LITE's 1-Year Price Return: 80% vs. S&P 500's 12% LITE's 6-month Price Return: -11.6% vs. S&P 500's -1.4%. Lumentum Stock Valuation Lumentum shares are currently trading 20% off their 52-week intraday-high of $104. LITE has a forward Price-to-earnings/Growth (PEG) of 0.60. A PEG below 1 typically suggests a stock may be undervalued relative to its growth prospects. LITE's forward PEG is also way below the sector average of 1.73 and its own 5-year historical average of 1.95. A conservative rerating of PEG to just 0.75 represents about 25% upside from current price levels of around $82, implying a number in the proximity of its 52-week intraday high. Please note that I am not a registered investment advisor and readers should do their own due diligence before investing in the stocks mentioned in the article, or any other stock. I am not responsible for the investment decisions made by individuals after reading this article. Readers are asked not to rely on the opinions and analysis expressed in the article and encouraged to do their own research before investing.
Yahoo
2 days ago
- Business
- Yahoo
Quantum Computing Inc. Reports First Quarter 2025 Financial Results
HOBOKEN, N.J., May 15, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today released financial results for the three-month period ended March 31, 2025. Dr. Yuping Huang, Interim Chief Executive Officer of QCi, commented, "QCi delivered solid operational and financial progress in the first quarter, strengthening our balance sheet and advancing key strategic initiatives. We completed construction during the quarter of our Quantum Photonic Chip Foundry in Tempe, Arizona, a major milestone that positions us to meet growing demand for thin film lithium niobate (TFLN) photonic chips, underscored by the announcement of a fifth purchase during the period. We're encouraged by our early traction, which is the first step in what we believe is a significant, multi-year opportunity to serve the expanding markets in datacom, telecom, and quantum-enabled applications. In parallel, we continued to deepen engagement with both government and commercial partners, reinforcing the growing interest in our quantum and photonic machines and positioning QCi to capitalize on emerging opportunities ahead." First Quarter 2025 Financial Highlights First quarter 2025 revenues totaled approximately $39,000 (33% gross margin) compared to $27,000 (41% gross margin) generated in the first quarter of 2024. Gross margin can vary at our current revenue levels. As such, the year-over-year decrease is not unexpected. First quarter 2025 operating expenses totaled $8.3 million compared to the previous year's first quarter operating expenses of $6.3 million. The year-over-year increase was primarily driven by higher employee-based expenses. The Company reported net income attributable to common stockholders of $17.0 million, or $0.13 per basic share for the first quarter of 2025, compared to a net loss attributable to common stockholders of $6.4 million or $(0.08) per basic share for the same period of the previous year. The increase in net income this quarter was primarily due to a $23.6 million non-cash gain on the mark-to-market valuation of the Company's warrant liability as a result of our merger with QPhoton in June 2022. Total assets at March 31, 2025 were $242.5 million, increasing from $153.6 million at December 31, 2024. Cash and cash equivalents at March 31, 2025 increased by $87.5 million to $166.4 million from year-end 2024. During the first quarter, the Company raised total net proceeds of $93.6 million through a private placement offering of common stock. Total liabilities at March 31, 2025 were $21.7 million, a decrease of $24.6 million compared to year-end 2024, driven primarily by the previously-mentioned non-cash changes in the fair value of the Company's warrant liability. As of March 31, 2025, the Company had shareholders' equity totaling $220.8 million. First Quarter 2025 Operational Highlights Quantum Photonic Chip Foundry Update: During the quarter, QCi completed construction of its Quantum Photonic Chip Foundry in Tempe, Arizona, achieving a key milestone in scaling its U.S.-based TFLN manufacturing services. The Company is now establishing its process design kit (PDK) and filling customer orders. To date, the Company has received five initial orders for its foundry services. Advancing Quantum Machine Adoption: On January 15, 2025, QCi announced a collaboration with Sanders Tri-Institutional Therapeutics Discovery Institute (Sanders TDI), a non-profit drug discovery institute comprising Memorial Sloan Kettering Cancer Center, The Rockefeller University, and Weill Cornell Medicine. Through this partnership, Sanders TDI will leverage cloud-based access to QCi's Dirac-3 quantum optimization machine to support computational chemistry and biomolecular modeling research. This collaboration highlights growing adoption of QCi's quantum systems in real-world biomedical applications. Board Appointment Strengthens Strategic Leadership: On March 26, 2025, QCi appointed Eric Schwartz to its Board of Directors. Mr. Schwartz brings over 20 years of experience in corporate finance, mergers and acquisitions, and corporate strategy, with a strong track record guiding companies through commercialization and manufacturing scale-up. His expertise will support QCi's growth initiatives as the Company advances its TFLN chip foundry and drives market adoption of its quantum machines. Strengthening Sales & Market Presence: The Company continued to expand its commercial and government engagement, participating in numerous trade shows and conferences during the quarter to showcase its quantum optimization and photonic chip solutions to prospective customers and partners. Advancing Strategic Partnerships with NASA: Subsequent to the quarter on April 30, 2025, QCi was awarded a subcontract valued at approximately $406,000 through Analytical Mechanics Associates (AMA) to support NASA's Langley Research Center. Under the project, QCi will use its Dirac-3 quantum computer to develop a quantum-based technique for removing sunlight noise from space-based LIDAR data, an obstacle that has historically limited NASA's ability to conduct reliable daytime Earth observation. This project builds on QCi's prior work with NASA. Expanding Commercial Adoption of Quantum Solutions: Subsequent to the quarter, QCi secured two additional customer orders, reflecting growing global demand for its quantum machines. On April 1, 2025, the Company announced the sale of a Quantum Photonic Vibrometer to the Department of Aerospace Structures and Materials at Delft University of Technology in the Netherlands, supporting advanced research in non-destructive testing and structural health monitoring. Later in the month, on April 22, 2025, QCi announced the sale of an EmuCore reservoir computing device to a major automotive manufacturer for research and development use. These orders underscore QCi's strategy to broaden awareness and adoption of its quantum solutions across both academic and industrial markets globally. Earnings Conference Call The Company will host its first quarter conference call on Thursday, May 15, 2025, at 4:30 p.m. To access the live webcast of the conference call, visit the QCi Investor Relations page at Investors may also access the webcast via the following link: To participate in the call by phone, dial (888) 506-0062 approximately five minutes prior to the scheduled start time. International callers please dial (973) 528-0011. Callers should use access code: 832763. A replay of the teleconference will be available until May 22, 2025, and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331. Callers should use conference ID: 52325. About Quantum Computing Inc. Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines to the world today. QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications. Company Contact:Rosalyn Christian/John NesbettIMS Investor Relationsinvestors@ Forward-Looking Statements This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, generally identified by terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of QCi and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including the timing of orders and revenue, and the outcome of ongoing collaborations and demonstration projects with certain U.S. government agencies, academic institutions and commercial customers, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, QCi undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. IMPORTANT NOTICE TO USERS (summary only, click here for full text of notice): All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our Forms 10-Q and 10-K. QUANTUM COMPUTING INC. Consolidated Balance Sheets (in thousands, except par value data)March 31, December 31,2025 2024Assets Current assets: Cash and cash equivalents$ 166,429 $ 78,945 Accounts receivable, net 2027 Inventory 13118 Prepaid expenses and other current assets 660161Total current assets 167,24079,151Property and equipment, net 9,9768,212Operating lease right-of-use assets 1,4191,522Intangible assets, net 8,1968,972Goodwill 55,57355,573Other non-current assets 129129Total assets$ 242,533 $ 153,559 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$ 2,022 $ 1,372 Accrued expenses 6472,134 Deferred revenue 8379 Other current liabilities 990974Total current liabilities 3,7424,559Derivative liability 16,90240,532Operating lease liabilities 1,0621,181Total liabilities 21,70646,272Stockholders' equity: Common stock, $0.0001 par value, 250,000 thousand shares authorized; 137,322 thousand and 129,012 thousand shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 1413 Additional paid-in capital 404,313307,756 Accumulated deficit (183,500)(200,482)Total stockholders' equity 220,827107,287Total liabilities and stockholders' equity$ 242,533 $ 153,559 QUANTUM COMPUTING INC. Consolidated Statements of Operations (in thousands, except per share data)Three Months EndedMarch 31,2025 2024Total revenue$ 39 $ 27Cost of revenue 2616Gross profit 1311Operating expenses Research and development 2,9852,220Sales and marketing 672451General and administrative 4,6423,659Total operating expenses 8,2996,330Loss from operations (8,286)(6,319)Non-operating income (expense) Interest and other income 1,69638Interest expense, net (58)(155)Change in fair value of warrant liabilities 23,630-Income (loss) before income tax provision 16,982(6,436)Income tax provision --Net income (loss) 16,982(6,436) Net income (loss) attributable to common stockholders$ 16,982 $ (6,436) Earnings (loss) per share: Basic$ 0.13 $ (0.08)Diluted$ 0.11 $ (0.08)Weighted average shares used in computing net earnings (loss) per common share: Basic 135,21781,934Diluted 153,00681,934 View original content to download multimedia: SOURCE Quantum Computing Inc. 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Yahoo
2 days ago
- Business
- Yahoo
Quantum Computing, Inc. Announces Key Leadership Promotions to Support Growth Strategy
Milan Begliarbekov promoted to Chief Operating Officer; Pouya Dianat promoted to Chief Revenue Officer HOBOKEN, N.J., May 8, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced the promotion of two key executives to support the Company's next phase of strategic growth and commercialization. These leadership appointments build on recent milestones including completion of construction of QCi's quantum photonic chip foundry, as announced during the fourth quarter 2024 shareholder update call on March 20, 2025, and the successful execution of its pilot chip sales initiative. Milan Begliarbekov has been promoted to Chief Operating Officer and Pouya Dianat has been promoted to Chief Revenue Officer. These leadership advancements reflect QCi's commitment to accelerating the execution of its strategic initiatives across both product development and commercial expansion. Dr. Milan Begliarbekov has been the Director of Quantum Foundry since joining the Company in September 2022. In that role he was responsible for the design and construction of the Company's foundry in Tempe, Arizona, as well as overseeing the development and manufacturing of photonic materials, devices, and technologies including thin-film lithium niobate for advanced sensing and photonic computing applications. Dr. Begliarbekov brings more than 13 years of experience in nanofabrication, materials science, and scientific leadership. Prior to joining QCi, he served as a Research Assistant Professor and Director of the Nanofabrication Facility at the City University of New York (CUNY). In this role, he managed the design, commissioning, and operation of one of the region's leading nanofabrication centers, supporting academic and industrial users from early-stage startups to established corporations. His responsibilities included process development, equipment oversight, and the leadership of multiple scientific collaborations. In his new role as Chief Operating Officer, Dr. Begliarbekov will be responsible for overseeing day-to-day operations across QCi, driving manufacturing efficiency, ensuring quality control, and supporting the scaling of production to meet customer demand. He will also be managing the Company's strategy to develop advanced photonic circuits for the next generation of the Company's quantum computers. Dr. Pouya Dianat was previously the Director of Photonic Integrated Circuits (PICs) and Foundry Services at QCi, where he led business strategy, product development and management, and sales for the company's thin-film lithium niobate–based foundry platform, processing TFLN and other transition metal ferroelectrics for quantum and non-quantum applications. The unique optical properties of TFLN allow for faster, more efficient control of light, essential in quantum computing and communication. Dr. Dianat brings over a decade of experience in commercializing advanced photonic technologies. Before joining QCi, he was a market expert and Technical Director at OPTICA, where he focused on PIC and quantum technologies. Prior to that, he led business development and chip scale-up efforts in photonic detector product lines at Luminar Technologies, a leader in automotive LiDAR solutions. Dr. Dianat earned a Ph.D. in Electrical Engineering from Drexel University, where he developed quantum-enhanced opto-plasmonic detectors, followed by a Postdoctoral Fellowship at Northwestern University. In his new role as Chief Revenue Officer, Dr. Dianat will be responsible for driving global commercial strategy, accelerating customer acquisition, and expanding revenue streams across all QCi machines and foundry offerings. "As we continue to scale our business and bring our technologies to market, strengthening our leadership team is essential to executing our strategy effectively," said Dr. William McGann, Chief Executive Officer of QCi. "Milan and Pouya have each been instrumental in driving our quantum and nanophotonic initiatives forward. Elevating them into these key roles strengthens our ability to deliver on the market opportunities in front of us, particularly in the datacom and telecom sectors, where we see growing demand for high-performance TFLN solutions. With the ribbon cutting of our quantum photonic chip foundry approaching, we are entering an exciting phase that positions us to accelerate both innovation and customer adoption." As part of QCi's growth strategy, the Company completed construction of its quantum photonic chip foundry in Tempe, Arizona in March 2025. Following the completion of construction, the foundry's upgraded ISO certification was finalized ahead of schedule. The foundry positions QCi to meet growing global demand for TFLN photonic chips, with a multi-phase plan to scale production and address high-value markets. "I'm honored to step into this new role and excited to help drive QCi's operational initiatives as we expand our footprint in quantum and photonic markets," said Milan Begliarbekov, Chief Operating Officer. "We have a clear roadmap ahead, and I look forward to working with the team to execute on our long-term vision." "This is an important time for QCi, and I'm enthusiastic to build and expand on the commercial traction we've established and to help accelerate the global adoption of our innovative technology," added Pouya Dianat, Chief Revenue Officer. "Our product and service offerings can solve business problems today and we're seeing growing interest from both government and industry partners. I am excited to support our customers in unlocking the full potential of our technologies." About Quantum Computing Inc. Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines and TFLN foundry services to the world today. QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications. Company Contact:Rosalyn Christian/John NesbettIMS Investor Relationsqci@ View original content to download multimedia: SOURCE Quantum Computing Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
07-05-2025
- Business
- Zawya
SMART launches new research group WISDOM to pioneer technologies that will help machines "see" like humans
Multi-million-dollar, three-and-a-half-year programme to advance Singapore's optoelectronics and photonics capabilities and semiconductor industry, which generated over S$133 billion in 2023 and accounts for approximately 7% of Singapore's GDP Bringing together over 20 Singapore and US-based researchers, this is the first time a programme will study the combination of three integral components: optics, optoelectronics and electronics WISDOM supports Singapore's Future of Microelectronics (FME) national initiative, and has key partnerships with leading research institutions including the National Semiconductor Translation and Innovation Centre (NSTIC) The IRG's research endeavours are expected to benefit industries such as automotive, consumer electronics, healthcare, and space travel and sample collection – including applications in autonomous driving, augmented reality, robotics and high-speed data communication SINGAPORE - Media OutReach Newswire - 7 May 2025 - Imagine creating 3D-sensing technologies so lightweight, compact and high-performance that they could take us to planets beyond Mars. The Singapore-MIT Alliance for Research and Technology (SMART), Massachusetts Institute of Technology's (MIT) research enterprise in Singapore, has launched a new interdisciplinary research group (IRG) focused on developing next-generation 3D-sensing technologies for practical use across industries such as automotive, consumer electronics, aerospace and healthcare, among others. Jointly led by faculty from MIT and Nanyang Technological University, Singapore (NTU Singapore), the Wafer-scale Integrated Sensing Devices based on Optoelectronic Metasurfaces (WISDOM) IRG will focus on developing ultra-thin, scalable sensing devices – systems that allow machines such as autonomous vehicles and robots to perceive depth, shape and spatial detail safely and with more versatility, much like human vision. 3-Dimensional (3D) sensing is essential for many modern applications, from autonomous vehicles and robotics to augmented reality and medical diagnostics. However, current systems still fall short of human-like perception capabilities, which pose limitations such as contextual unawareness and decision errors. Today's optical systems are also often bulky, expensive and difficult to mass-produce due to reliance on complex components and manual assembly. While new materials called optoelectronic metasurfaces — which are ultra-thin and can control light in powerful new ways — show great potential, it has been difficult so far to turn them into practical, widely used products, due to challenges in how these materials are combined with other technologies and manufactured at large scale. To solve the challenges, WISDOM aims to develop compact solutions that are high performance, and enable optoelectronic metasurfaces to be manufactured using standard semiconductor processes and ready for mass-market adoption. SMART WISDOM will be helmed by Co-Lead Principal Investigators Prof Juejun Hu, Professor of Materials Science and Engineering at MIT, and Prof Tan Chuan-Seng, Professor of Electronic Engineering at the School of Electrical and Electronic Engineering at NTU Singapore. "What makes me really excited about WISDOM is that we're putting together pieces that haven't been combined before – to benefit a ton of industries and use cases. For example, think how a super light and powerful LiDAR system could make trips to planets beyond Mars a reality. It's like having a whole new set of eyes for exploration, and about making the seemingly impossible, possible," said Prof Juejun Hu, Co-Lead Principal Investigator, WISDOM. Combining expertise from five leading institutions SMART brings together top researchers from leading institutions in the United States and Singapore, including MIT, NTU Singapore, National University of Singapore (NUS), Stanford University and University of Illinois Urbana-Champaign (UIUC), to redefine how optical metasurfaces are designed, integrated and manufactured. This multi-million, multi-year effort, supported by the National Research Foundation (NRF) Singapore under its Campus for Research Excellence and Technological Enterprise (CREATE) programme, brings together leading experts across disciplines in photonics, materials science and semiconductor engineering to position Singapore at the forefront of global innovation in sensing technologies and advanced manufacturing. World-first approach to pioneering 3D-sensing and next-generation applications WISDOM will capitalise on wafer-scale integration using standard silicon complementary metal-oxide-semiconductor (CMOS) processes to revolutionise how meta-optical systems are produced. This is the first time a programme is put together to study the combination of these three separate elements: optical metasurfaces, optoelectronic devices with a focus on light-emitting diodes (LEDs) and vertical surface emitting laser arrays (VCSELs); and silicon CMOS electronics. At the heart of WISDOM's pioneering research is their world-first approach that integrates the three elements into a wafer-scale platform. This tri-element integration seeks to unlock entirely new functionalities in optical metasurface technology, enabling next-generation sensing systems with multi-modal illumination and detection, advanced displays with built-in high-speed communication, and biomedical devices with versatile light sources for diagnostics and therapeutics. WISDOM's work to bridge these complementary technologies will pioneer a new frontier in integrated optoelectronics, creating solutions that were previously unattainable with conventional approaches. "The launch of WISDOM marks an exciting chapter in SMART's and MIT's long legacy in Singapore - bringing together the best in their fields from US, Singapore and the region for interdisciplinary research and collaboration to drive world-class research and innovation with commercial and societal impact for Singapore and beyond. The first-of-its-kind research will pioneer groundbreaking advancements for next-generation sensing systems, enabling transformative solutions across industries such as automotive, healthcare, aerospace and consumer electronics," said Bruce Tidor, Chief Executive Officer and Director (Interim), SMART. WISDOM's inaugural project aims to develop a high-performance, metasurface-enabled LiDAR prototype, addressing key challenges in scalability, integration and performance. By combining metasurface optics, optoelectronic devices, and CMOS electronics on a single silicon substrate, WISDOM seeks to redefine the capabilities of LiDAR systems. This innovation promises to enhance detection accuracy, extend range and field-of-view, and reduce motion artifacts, with transformative implications for industries such as automotive, healthcare, robotics and unmanned aerial vehicles (UAVs). Beyond improving safety in autonomous vehicles and navigation in drones, it also opens doors to revolutionary applications like glasses-free 3D displays and high-speed optical communication, laying the groundwork for smarter, more efficient technologies that will shape the future. "WISDOM represents a paradigm shift in how meta-optical systems are integrated – from discrete assembly to wafer-scale packaging. Even at the research stage, we have a clear objective to bring our innovations to market and societal impact – enabling transformative sensing technologies for mass-market applications. WISDOM is designed to streamline manufacturing by eliminating costly and intricate die-to-die assembly, significantly improving throughput," said MIT Prof Hu Juejun. "By combining NTU's two decades of expertise in electronics engineering and wafer packaging with MIT's strengths in optical systems, we aim to create a new platform for large-scale manufacturing of optical metasurfaces using industry-standard CMOS processes. NTU is known for translating fundamental research into real-world technologies, and this collaboration builds on that strength. Ranked top in the world for Electrical and Electronic Engineering 1, we are well-placed to deliver innovations that are both scalable and commercially viable, while also training the next generation of engineers to lead in areas like Augmented Reality, robotics and consumer technology," said NTU Prof Tan Chuan-Seng. As MIT's research enterprise in Singapore, SMART is dedicated to driving innovation that powers future industries and transforms global technological landscapes. WISDOM adds on to SMART's continuing commitment to advancing cutting-edge and translational research in fields such as artificial intelligence, agriculture, antimicrobial resistance, cell therapy and more. In addition to advancing scientific understanding, the IRG's work is expected to contribute to intellectual property development, technology licensing, and the creation of Singapore research spin-offs and startups in related industries. Hashtag: #SMART The issuer is solely responsible for the content of this announcement. About Wafer-scale Integrated Sensing Devices based on Optoelectronic Metasurfaces (WISDOM) WISDOM is an interdisciplinary research group (IRG) launched in April 2025 by SMART, MIT's research enterprise in Singapore. WISDOM is the first research and industry endeavour to study and integrate optical metasurfaces, light emitting diodes (LEDs) and vertical surface emitting laser arrays (VCSELs), and complementary metal-oxide semiconductor (CMOS) electronics for industry and commercial application. By developing innovative 3D-sensing technologies that enhance system performance, scalability and cost efficiency, WISDOM aims to revolutionise optoelectronics and photonics, and address key challenges in semiconductor manufacturing and other key industries. These 3D-sensing technologies will deliver impactful advancements that drive progress in sensor innovation while fostering opportunities for commercial applications and societal benefits in Singapore and globally. About Singapore-MIT Alliance for Research and Technology (SMART) [新加坡-麻省理工学院科研中心] Singapore-MIT Alliance for Research and Technology (SMART) is MIT's Research Enterprise in Singapore, established by the Massachusetts Institute of Technology (MIT) in partnership with the National Research Foundation of Singapore (NRF) since 2007. SMART is the first entity in the Campus for Research Excellence and Technological Enterprise (CREATE) developed by NRF. SMART serves as an intellectual and innovation hub for research interactions between MIT and Singapore. Cutting-edge research projects in areas of interest to both Singapore and MIT are undertaken at SMART. SMART currently comprises an Innovation Centre and five Interdisciplinary Research Groups (IRGs): Antimicrobial Resistance (AMR), Critical Analytics for Manufacturing Personalized-Medicine (CAMP), Disruptive & Sustainable Technologies for Agricultural Precision (DiSTAP), Mens, Manus and Machina (M3S), and Wafer-scale Integrated Sensing Devices based on Optoelectronic Metasurfaces (WISDOM). SMART research is funded by the National Research Foundation Singapore under the CREATE programme. For more information, please visit Singapore-MIT Alliance for Research and Technology (SMART)
