poLight ASA receives purchase order for TWedge® wobulator technical samples from a top tier consumer OEM customer

Tønsberg, 21 November 2024 – poLight ASA (OSE: PLT) today announced that the company has received a purchase order worth approximately NOK 500,000 to supply its TWedge® wobulator technical samples to a top tier consumer OEM customer for an AR/MR application.

“Our customer interactions related to TWedge® wobulator technology provide key insights as we define this potential new product,” said Dr. Øyvind Isaksen, CEO of poLight ASA. “TWedge® wobulator is based on the same tunable optics technology platform as our TLens® product used in numerous auto focus imaging systems. While there will be many steps between technical sample evaluation, productization, and potential mass production supply into customer devices, this milestone is an important step for our TWedge® wobulator technology and we are encouraged by the continued interests from many of our customers. In addition, this customer is also evaluating our TLens® product to differentiate their imaging device. We have no doubt that both TLens® and TWedge® wobulator technology can solve many AR/MR design challenges.”

The delivery of the TWedge® technical samples is expected to be completed in Q1 2025.

For further information, please contact:

Dr Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
 

About poLight ASA

poLight ASA (OSE: PLT) offers patented, state-of-the-art tunable optics technology, leveraging its proprietary polymer and piezo MEMS technology. Founded in 2005, its first product TLens® replicates “the human eye” experience in autofocus cameras used in applications such as AR/MR devices, smartphones, wearables, webcams and other consumer devices, industrial barcode scanners and machine vision systems, and healthcare applications. With over 160 granted patents, poLight’s technology delivers extremely fast focus, small footprint, ultra-low power consumption, no magnetic interference, and constant field of view, enabling better imaging system performance and new user experiences compared to alternative technologies.  poLight is based in Horten, Norway, with employees in Finland, France, UK, US, China, Taiwan, the Philippines and Japan. For more information, please visit https://www.polight.com.