poLight ASA – design-in award and purchase order received for samples for an Augmented Reality (AR) case

Horten, 15 March poLight ASA (OSE: PLT) today announced that the company has received a purchase order for TLens, including design of a custom package, to support the development of a display solution to be used in Augmented Reality application, worth in excess of NOK 3.500.000.

“This design-in award gives us an important opportunity to position TLens for another use case in the AR space. It is expected that poLight need to supply more TLens and services later in the subsequent phases of the project over and above what is included in this purchase order “, said Dr. Øyvind Isaksen, CEO of poLight ASA.

The purchase order is expected to be delivered in the beginning of Q3-2022.

Further information from:

Dr. Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
 

About poLight ASA

poLight offers a new autofocus lens which "replicates" the human eye for use in devices such as smartphones, wearables, barcode, machine vision systems and various medical equipment. poLight's TLens enables better system performance and new user experiences due to benefits such as extremely fast focus, small footprint, no magnetic interference, low power consumption and constant field of view. poLight is headquartered in Horten, Norway, with employees in Finland, China, UK, USA, Russia, Taiwan, and representation in Korea and Japan. For more information, please visit  https://www.polight.com