poLight (PLT) Investor Update summary

Business and market positioning

• Maintains a strong global presence in tunable optics, focusing on AR/MR, industrial, and healthcare markets.

• Holds design wins in all high-priority segments and is increasingly recognized and respected in the industry.

• Organization is highly competent and motivated, with ongoing improvements in manufacturing and technology to meet customer needs.

• Continues to explore additional market segments for future growth opportunities.

Financial status and capital strategy

• Capital needs are regularly evaluated with the board, and any concrete financing activity will be announced to the market.

• Emphasizes the importance of being perceived as well-financed by large customers to ensure long-term partnerships.

• Financial forecasts are built from customer dialogues and updated regularly, allowing early detection of capital needs.

• Careful spending and robust financial management are prioritized to maintain stability.

Market and product development updates

• AR/MR segment shows the most promise, with increasing engagement from major and smaller players and a strong pipeline of PoCs.

• Significant AR/MR design wins are targeted for 2026, with visible progress expected by then.

• New professional AR/MR project is backed by a stronger company and is seen as more promising than previous projects.

• TWedge and TLens are gaining traction with tier-one customers, and having multiple products is seen as an advantage.