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MetaOptics Ltd announces S$1.1 million placement to advance full automation of its metalens colour camera module production line

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SINGAPORE, Sept. 11, 2026 /PRNewswire/ — MetaOptics Ltd (Catalist: 9MT) (“MetaOptics” or the “Company”, and together with its subsidiaries, the “Group”), a leading-edge semiconductor optics company, today announced that it has entered into several placement agreements for a placement of 2,685,825 new ordinary shares in the capital of the Company (“Placement Shares”), at S$0.3912 per Placement Share, to raise gross proceeds of S$1.1 million (“Share Placement”).

The placement agreements for the Share Placement were entered into following strong interest from  new individual high net worth investors and existing shareholders of the Company, including high net worth investors and a corporate investor (who is also a strategic partner of the Group in equipment development). Their participation in the Share Placement reflects a strong signal of investor confidence in the Group’s execution track record and commercial case for its proprietary, first-to-market automated metalens manufacturing equipment.

Proceeds to fund first-to-market full automation of metalens colour camera module production

The Group’s 5-megapixel colour metalens camera module has delivered consistently good imaging performance on its pilot production line. These results support the Group’s decision to advance the module to full-scale commercialisation. A portion of the Share Placement proceeds will be applied toward engaging Elsoft Research Bhd in Penang, the Group’s equipment manufacturing partner, to fully automate the assembly of the metalens camera module.

The module has a maximum thickness of approximately 3mm and is built on a flexible circuit, a meaningful departure from conventional camera modules, which rely on multiple layers of thick plastic lenses to focus light. The Group’s design uses a single-layer rectangular metalens to achieve 5-megapixel image quality. Management believes this architecture provides a structural cost and form-factor advantage as customer demand shifts toward smaller and lighter imaging systems.

The Group has also completed the design of a 12-megapixel variant of the module, which was undertaken in collaboration with a U.S.-based technology company, and will be commencing prototyping wafer production using titanium dioxide (“TiO2”). This extends the Group’s metalens platform into higher-resolution applications and broadens its addressable market.

Proceeds to also support launch of MetaPhone, the Group’s metalens-enabled 5G ultra-thin smartphone

A further portion of the proceeds will support the commercial launch of MetaPhone, the Group’s metalens-enabled 5G smartphone, through a direct-to-consumer sales channel. The MetaPhone integrates a non-contact fingerprint metalens module and an ultra-thin 5-megapixel metalens camera module, and is designed without the camera bump found on conventional smartphones (https://www.yolegroup.com/player-interviews/beyond-the-camera-bump-an-interview-with-metaoptics/).

Healthy balance sheet and growing institutional interest

The Group’s cash position remains healthy to fulfil its equipment purchase orders, scale its metalens fabrication processes towards supporting mass production capabilities, and support the growing pipeline of customer engagements.

In addition, following recent product and technology roadshows in the United States, several U.S.-based institutional funds specialising in deep technology investments have expressed interest in the Group’s growth story and execution track record. These funds have indicated a willingness to explore various investment opportunities within and with the Group, and to support its growth plans, in respect of the establishment of the Group’s maiden front-end semiconductor fabrication line with 12-inch DUV immersion photolithography equipment in the USA, for the mass production of metalenses and modules. Discussions are progressing following the execution of non-binding term sheets, which may or may not lead to entry into definitive agreements. Management views these indicative and early interests as encouraging signals of institutional interest and recognition of the Group’s technology and commercial roadmap. The Company will keep its shareholders updated on a timely basis, as and when material developments arise.

Mr Thng Chong Kim, Executive Chairman said “As we execute our business growth plans, we are excited to welcome greater participation from institutional investors and Singapore-based investors, and look forward to building strong, long-term relationships with investors who share our vision and believe in the opportunities ahead.”

This press release is to be read in conjunction with MetaOptics’ announcement on the Share Placement released via SGXNet on 11 September 2026. The Company will make further announcement(s) to update its shareholders as and when appropriate regarding the material developments on the Share Placement.

By Order of the Board

Thng Chong Kim
Executive Chairman
11 September 2026

About MetaOptics Ltd

MetaOptics Ltd (Catalist: 9MT) is a leading-edge semiconductor optics company pioneering glass-based metalens solutions enhanced by AI-driven image processing. Using advanced optical design and a scalable 12-inch DUV lithography process, it powers next-generation applications in CPO, mobile, AR VR, automotive and other emerging markets. Headquartered in Singapore, MetaOptics aims to deliver high-performance optics with the reliability and scalability demanded by today’s most innovative technology brands. Find out more at www.metaoptics.sg.

Forward-Looking Statements

This press release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the Company’s growth strategies, its future business development, results of operations and financial condition, its research and development efforts, its ability to attract and retain customers, and its ability to establish and maintain relationships with suppliers and business partners; and assumptions underlying or related to any of the foregoing. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For sales enquiries, please contact sales@metaoptics.sg.

For MetaOptics media and investor relations enquiries, please contact ir@metaoptics.sg.

Singapore (Headquarters)

MetaOptics Technologies Pte Ltd, 81 Ayer Rajah Crescent, #01-45, Singapore 139967

United States

MetaOptics Inc. (USA), 1 Ferry Building, Suite 201, San Francisco, CA 94111

 

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SOURCE MetaOptics Ltd

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Krelva Accepted Into the HBS Foundry Bootcamp at Harvard Business School

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Foster Britton spent four years learning to trade. Jerry Klamm grew a website to $100,000 a month in high school. Their bootstrapped, pre-launch company, Krelva, joins the new program in October and opens Krelva Meet, small live rooms where day traders trade the market together at their respective skill levels.

BUFFALO, N.Y., Sept. 12, 2026 /PRNewswire-PRWeb/ — Krelva, a bootstrapped, pre-launch Buffalo company built for futures day traders, has been accepted into the HBS Foundry Bootcamp at Harvard Business School, a new online program for founders working toward their first check. Foster Britton started trading in 10th grade, at 15, before settling on futures trading. Jerry Klamm, 19, built Geometry Spot at 16, grew it to more than 175 million pageviews and $100,000 a month in revenue before he finished high school, and left the University at Buffalo to run Krelva full time.

“Krelva Meet is the room I wish I had at 15.” Foster Britton, co-founder, Krelva

Krelva exists because of how hard Britton’s first four years were. Trading is highly complex, the internet is full of people teaching it, and most of what a beginner finds is confusing, contradictory, or sold by someone with something to sell. The question is never whether there is enough information. It is where to start and who to listen to.

“I started trading in 10th grade, in forex before anything else, and it took me four years to get it right,” Britton said. “It was not that the charts were hard. It was that there is so much online, most of it is confusing, and there is no way to know where to start or who to listen to.”

Today Krelva has two things. The first is a free beginner course that shows people where to start; it teaches the basics without promising anyone a payday. The second is Krelva Meet, which opens in October at $50 a month with a 14-day free trial: a new way to trade Nasdaq-100 and S&P 500 futures, not alone and not in a crowd of strangers, but in a small live room with people at your own verified level.

Krelva Meet started with a frustration anyone who has spent time in a trading Discord will recognize. People post their results, and some of those results are real. Screenshots are easy to fake, a few prop firms now issue verified payout cards, and none of it tells a beginner whether the person answering their question is actually where they say they are. So the beginner guesses, and the loudest voice usually wins.

Krelva Meet checks. Every trader has a level that Krelva verifies before they enter a room, and the company is building direct brokerage verification so the check happens automatically. Rooms are built from traders at the same level. Someone who has never passed a prop firm evaluation sits with others who have not either. Pass one, and you move up to rooms with traders who have passed. Get paid out, and you move up again. Alongside the rooms, Krelva is launching a rating: simple, earned over time, and moved by how you answer questions during the session rather than by what you claim. Rooms are not a signal service and tell no one what to buy or sell. They are about the process: reading the market before the open, talking it through with people at your level, and finding out afterward where and why you were right or wrong.

Krelva does not claim to make anyone a better trader faster. It is trying to give people a place to start.

“Krelva Meet is the room I wish I had at 15,” Britton said.

The HBS Foundry Bootcamp at Harvard Business School has drawn attention since its launch for its $699 price and its format, which from Krelva’s understanding pairs weekly live sessions with HBS faculty and guests with AI versions of those same professors, built to push back on weak ideas.

“I’m interested in this new program at Harvard Business School. I think using AI tools to learn is the future, but I’m curious to see how Harvard does it and if it actually works,” Klamm said. “I like that it says the AI professors are built to challenge weak ideas, so I’m going to push it to the limit and see how it performs compared to a real professor.”

The waitlist for Krelva Meet is open now at https://krelva.com.

“Most traders look at the chart at 9:30 every morning by themselves. There are thousands of other traders just like you,” Klamm said. “Why would you trade alone if you could trade with a group you trust? That is the whole idea.”

About Krelva

Krelva is a Buffalo, New York company built for futures day traders. Its free beginner course, built by co-founder Foster Britton, teaches the basics of trading. Its paid product, Krelva Meet, puts traders in small live rooms with other traders at the same verified level to trade Nasdaq-100 and S&P 500 futures together, for $50 a month with a 14-day free trial. Krelva was founded in 2026 by Jerry Klamm and Foster Britton. Learn more at https://krelva.com.

Media Contact

Jerry Klamm, Krelva, 1 716-261-7634, info@krelva.com, https://krelva.com/

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SOURCE Krelva

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Larry Ellison Cancels His Plan to Sell Oracle Stock

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AUSTIN, Texas, Sept. 12, 2026 /PRNewswire/ — Oracle Corporation (NYSE: ORCL) today announced that Larry Ellison, Executive Chair of the Board and Chief Technology Officer, has cancelled his 10b5-1 Plan to sell Oracle stock. No Oracle stock was sold under that plan, and he has no other plans to sell any of his Oracle stock.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

“Safe Harbor” Statement: Statements in this press release relating to future plans, expectations, beliefs, intentions and prospects, are “forward-looking statements” and are subject to material risks and uncertainties. A detailed discussion of risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC or by contacting Oracle’s Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at www.oracle.com/investor/. All information set forth in this press release is current as of September 12, 2026. Oracle undertakes no duty to update any statement in light of new information or future events.

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SOURCE Oracle

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CBE’s 233 MW Kamoa Project Comes Online with AIKO ABC Modules

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YIWU, China, Sept. 12, 2026 /PRNewswire/ — CrossBoundary Energy’s (CBE) 233 MW Kamoa solar project in the Democratic Republic of the Congo (DRC) has achieved full-capacity grid connection and entered commercial operation. Completed just 16 months after the power purchase agreement was signed, the project sets a new delivery benchmark for large-scale solar in Africa.

Powered by AIKO’s high-efficiency ABC modules, Kamoa is Africa’s first project to provide round-the-clock baseload power entirely through an integrated solar-plus-storage system. It offers a replicable clean energy solution for mining operations seeking both reliable power and lower carbon emissions.

The project is located next to the Kamoa-Kakula Copper Complex, one of the world’s largest copper mining operations. Remote mines across Africa have traditionally relied on diesel generators to sustain continuous production, leaving operators exposed to fuel-price volatility and increasing carbon-related compliance costs.

Kamoa uses approximately 360,000 AIKO 655 W dual-glass modules in the 66-cell format. With a mass-production efficiency of 24.2%, each module delivers 30 W more power than comparable products of the same format. Their superior temperature coefficient and hotspot suppression performance also support stable generation and system safety under the mine’s hot, high-irradiance conditions.

By combining lower levelized cost of energy with reliable round-the-clock supply, the project replaces conventional diesel generation, reduces energy-price risk and lowers the carbon footprint of Kamoa’s copper production. This strengthens the competitiveness of its products as carbon requirements tighten in international markets.

Over its 30-year lifecycle, Kamoa is expected to generate 7.8 billion kWh of electricity and avoid approximately 78,800 tonnes of carbon emissions annually. As the DRC diversifies beyond its hydropower-dominated energy mix, the project provides a valuable model for integrating renewable power with mining across Africa.

The successful delivery of Kamoa further strengthens AIKO’s position in Africa’s fast-growing solar market. AIKO will continue to advance the global energy transition through high-efficiency technology and long-term value creation.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/cbes-233-mw-kamoa-project-comes-online-with-aiko-abc-modules-302876862.html

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