MetaOptics H1 revenue grows by nearly six times; company on track to fill orders in H2
It says its growth is underpinned by an order backlog for its metalens production equipment
MetaOptics, a newly listed pure-play metalens company on the Singapore Exchange, reported a remarkable revenue growth of nearly six times for the first half of 2026, reaching S$600,000. This surge is attributed to strong commercial traction following the company's IPO last September. The H1 revenue came close to the S$800,000 generated in the entire previous fiscal year.
MetaOptics' growth is bolstered by a substantial order backlog for its metalens production equipment, with deliveries slated for the next six to 12 months. The company has also received positive responses from major global technology firms for its 0.1 mm diameter metalens designs and has completed the design of a 12-megapixel color imaging titanium dioxide metalens.
Despite a net loss of S$1.7 million due to professional fees and non-cash items, MetaOptics remains well-capitalized with S$5.5 million in cash and cash equivalents, ensuring it can fulfill equipment purchase orders and scale its metalens fabrication processes towards mass production.
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