MetaOptics Reports 891% Revenue Growth

The Singapore-based company designs and manufactures "metalenses," which use nanostructures to manipulate light. This technology allows for the creation of flat, miniature optics for applications like smartphones, AR/VR devices, and autonomous vehicles, replacing traditional bulky lenses. The massive revenue jump to S$0.8 million was primarily driven by the delivery of a high-value direct laser writer, a piece of manufacturing equipment, to a customer in Taiwan's semiconductor supply chain. This single sale, combined with increased global demand for its metalens products, fueled the growth. Despite the revenue surge, the company's net loss widened to S$5.4 million for the fiscal year. This was attributed to one-off costs associated with its public listing and a significant increase in research and development spending. MetaOptics launched its IPO on the Singapore Exchange's Catalist board in September 2025, offering 30 million shares at S$0.20 each. The listing raised approximately S$6.0 million in gross proceeds intended for R&D, business expansion, and working capital. Following its debut, the company's stock price saw a significant surge, climbing almost 300% by late November 2025. The IPO itself was for what is considered the world's first pure-play metalens company to go public. The company has already announced plans for a dual listing on the Nasdaq exchange in the United States. This move is intended to provide access to a broader pool of investors and bring MetaOptics closer to potential key customers in the US market. Looking ahead, MetaOptics is focused on innovation, having recently showcased five new consumer electronic prototypes at CES 2026. The lineup included a smartphone design featuring an ultra-thin optical module that eliminates the camera bump.