MetaOptics raises $4.85m to expand metalens production capacity
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MetaOptics Ltd is raising $4.85 million through a share placement to expand its metalens production capacity. The funds will support the company's capital base and operational needs, including customer demand for its glass-based metalens products. The placement will aid applications in consumer devices, automotive systems, and industrial uses. MetaOptics will continue using its laser and lithography platforms for prototyping and production, with further updates on the placement to be provided later.
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