Horten, 19 December 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 (AR) application, worth approximately NOK 2.900.000. This design-in was first announced 15 March 2022. It is expected that the deliveries will be completed within Q3 2024.
“After a successful first phase, the customer has decided to continue developing their display concept using TLens®. This award gives us an important opportunity to position TLens® for AR display applications. 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. Mass production phase is still some years ahead of us “, said Dr. Øyvind Isaksen, CEO of poLight ASA.