poLight ASA signs a Proof-of-Concept agreement with a top tier medical customer
Horten, 27 June 2022 - poLight ASA (OSE: PLT) today announced that the company has signed an agreement to support a phased PoC (Proof of Concept) endoscopic camera system development with an unnamed top tier medical device customer. The total fee value of this POC agreement is approximately NOK 1.700.000 and is expected to be received across four phases between Q3 2022 and 1[st] half of 2023. The customer’s intention is to apply the resulting camera design into a mass production project. “Medical endoscope market can potentially become an important growth segment for us, so we’re very