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FINWIRES

MetaOptics Secures Design, Evaluation Orders; Shares Up 3%

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-- MetaOptics (SGX:9MT) said it had secured design and evaluation orders for its metalenses and modules from a consumer electronics company based in South Korea, according to a Wednesday filing with the Singapore Exchange.

Shares of the advanced metalens manufacturing company were up nearly 3% in Thursday trading.

Following successful testing, the company is coordinating with the customer to help with its product launch cycle.

Meanwhile, the company has also submitted a prototyping and production proposal to a European technology firm for its automatic metalens tester.

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