MetaOptics Ltd, a leading semiconductor optics company, has announced a strategic share placement to raise S$485m. The funds will be generated through the issuance of 6,685,028 new ordinary shares at S$0.7255 each. This move is designed to bolster the company’s financial standing and support its expanding global customer base. The capital will enhance MetaOptics’ working capital, improve supply chain readiness, and accelerate the scaling of its glass-based metalens solutions, which are increasingly in demand across consumer, automotive, and industrial sectors.
The share placement has attracted both new investors and existing shareholders, reflecting a growing global interest in metalens technology. These optical systems are valued for being thinner, lighter, and more power-efficient, and can be produced at scale. Thng Chong Kim, Executive Chairman and CEO of MetaOptics, expressed confidence in the company’s future, stating, “We are very encouraged by the confidence shown by existing and new investors who recognise the scale of the opportunity ahead of us.”
MetaOptics is gaining traction in various applications, from compact mobile imaging modules to advanced automotive optics. The company’s technology platforms, including the 4-inch Direct Laser Writer and 12-inch Deep Ultraviolet lithography, enable precise and consistent production from prototyping to high-volume manufacturing. MetaOptics remains committed to its commercial rollout and supporting customers with high-performance metalens solutions. Further updates on the share placement will be provided as necessary.
