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MetaOptics Ltd achieves 79% of FY2025 full-year revenue in 1H 2026, on track to fulfil purchase orders of key metalens production equipment in 2H 2026

SINGAPORE, Aug. 11, 2026 /PRNewswire/ — MetaOptics Ltd (Catalist: 9MT) (“MetaOptics” or the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce its unaudited consolidated financial results for the six months ended 30 June 2026 (“1H 2026“).

The Group delivered revenue of S$0.6 million in 1H 2026, an increase of 476% year-on-year, and representing approximately 79% of the Group’s revenue for the entirety of the latest financial year ended 31 December 2025 (“FY2025“) of approximately S$0.8 million, a reflection of the sustained and strong commercial traction it has built since delivering its inaugural full-year results as a listed company.

The Group’s net loss for 1H 2026 was primarily attributable to (i) one-off, non-recurring professional fees of approximately S$1.7 million arising from IPO-related expenses primarily in connection with the Company’s proposed Nasdaq dual listing, as well as (ii) non-cash expenses including depreciation, amortisation and finance expenses of approximately S$0.5 million. Excluding these non-cash and one-off items, the Group’s underlying net loss for 1H 2026 would have been significantly lower, at approximately S$1.8 million.

The Group continues to execute on its multi-pronged growth strategy, anchored across its 4 core business segments:

(i) Metalens Equipment
(ii) Metalens Design and Foundry
(iii) Metalens IoT Products and Smart Devices
(iv) AI Algorithm

The Group’s growth momentum is supported by an order backlog of key metalens production equipment, which is scheduled to be delivered to customers over the next 6 to 12 months. Planned deliveries in the six months ending 31 December 2026 (“2H 2026“) are on track, allowing the Group revenue visibility into the financial year ending 31 December 2027. In addition to the broadening customer pipeline in connection with discussions with multinational customers at various stages of sampling, qualification and evaluation, and commercial negotiation, the Group has also advanced partnerships covering critical equipment subsystems, wafer-level optics fabrication and the set up of metalens mass production capacity on its 4-inch and 12-inch direct laser writer (“DLW“) platforms, with the aim of shortening lead times, improving yields and supporting mass production volume as design wins are secured.

Building Business Momentum across the Group’s Key Growth Vectors

Commercial engagement across the Group’s pipeline continues to build, with a growing number of non-disclosure agreements signed and increasing requests for information and quotations received from major global technology companies across the Group’s three key growth vectors:

(1) Co-packaged optics (“CPO”): The Group’s 0.1mm diameter metalens designs for CPO applications are highly sought after from a mass-production standpoint, with global industry leaders in the CPO space engaging the Group on similar designs. Industry research house Yole Group has observed that the winners in the metalens market will be those that possess mass-production processes (see: https://www.yolegroup.com/player-interviews/beyond-the-camera-bump-an-interview-with-metaoptics/). The Group is well positioned in this regard, with proprietary processes built on its scalable 12-inch DUV lithography platform that enable it to fabricate such metalenses in scalable volume.

(2) Colour imaging metalenses: The Group has completed the design of a 12-megapixel colour imaging titanium dioxide (“TiO2“) metalens, which enable higher optical efficiency, reduce scattering losses, and improve phase control within ultra-thin metalens structures, critical for space-constrained consumer devices such as smartphones, laptops, and wearable devices, for a major global technology company, with a prototype currently in progress. In parallel, the Group’s latest 5-megapixel colour module is producing exceptionally clear colour images, demonstrating the Group’s capability as a leading-edge colour metalens developer.

(3) Key production equipment: The Group’s 12-inch metalens automatic testers are in strong demand from several leading global semiconductor and consumer technology companies. The Group was the first to develop and produce a metalens tester, underscoring its equipment leadership in the metalens ecosystem. The Group has also received requests for its DLW platforms from major technology companies, universities and research institutions.

Well-capitalised to Execute on its Growth Pipeline

The Group remains well-capitalised, with a healthy balance sheet, and cash and cash equivalents of approximately S$5.5 million as at 30 June 2026, providing the Group with the resources to fulfil its equipment purchase orders, scale its metalens fabrication processes towards mass volume production and support the growing pipeline of customer engagements described above.

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

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

KokKok Mega Patuxay Opens New Shopping and Lifestyle Center in Vientiane

A inside picture of KokKok Mega Patuxay . (Photo supplied)

KokKok Mega Patuxay officially opened in Vientiane Capital on 8 August, following a trial opening that attracted many visitors to the new shopping and lifestyle center.

Located in the heart of Vientiane, the center is part of Kolao Group’s expansion into modern retail spaces and brings shops, restaurants, cafes, entertainment venues and lifestyle services together under one location.

The development is designed around the concept of making the mall as an everyday destination, with a range of retail and dining options aimed at serving different consumer needs.

International Brands

KokKok Mega Patuxay features brands from a range of markets, including Nike, Pomelo, Swarovski, Top 10, Crystal Jade, Sizzler, Zen, Ediya Coffee, Paris Baguette, Modern House and Korique.

The center also includes Kolaotopia, an automotive area featuring several vehicle brands available in Laos, including Kia, Hyundai, BMW, Geely and Mitsubishi.

The combination of retail, dining and automotive services gives visitors access to a range of products and services within the same development.

The opening adds another shopping and lifestyle destination to Vientiane’s growing retail sector. The center brings together international brands and local services while providing space for dining, entertainment and other activities.

KokKok Mega Patuxay is now open daily from 9:30 a.m. to 10 p.m.

Police Detain 261 Foreign Nationals in Thatluang Lake SEZ Scam Raid

Vientiane police detained 261 foreign nationals during a raid on a telecommunications fraud and online gambling operation at Thatluang Lake Special Economic Zone. Vientiane, Laos. 08 August 2026. (Photo: Lao Security News)

On 8 August, Vientiane police raided a telecommunications fraud and online gambling operation at the building in Vientiane’s Thatluang Lake Special Economic Zone (SEZ).

Officers detained 261 suspects, spanning seven nationalities. Chinese nationals made up the largest group at 153, followed by 61 Vietnamese, 36 Thai, five Taiwanese, two Malaysian, two South Korean, and two Myanmar nationals.

Police seized nearly 500 desktop computers and laptops, along with 2,355 mobile phones, as evidence. Authorities confirmed the building belongs to Lao Thatluang Investment Development Co., Ltd. and said they are continuing the investigation to identify and arrest the operation’s masterminds and accomplices for prosecution under the law.

The raid comes as Lao authorities press a broader crackdown on scam networks nationwide. 

Two days later, on 10 August, Lao authorities deported 41 Thai suspects to Thai authorities via the 1st Lao-Thai Friendship Bridge, following an earlier handover of 32 Thai nationals through the same crossing on 6 August. 

The two handovers brought the total number of Thai nationals deported to at least 73.

Lao authorities detained those suspects during an earlier raid in July on the ST Vegas complex in Dongphosy village, Hatsayfong district, Vientiane. Conducted on 18 July, that operation netted 589 suspected scammers in total, most of them Thai nationals, followed by Lao, Vietnamese, and Cambodian nationals.

UstarPay Announces App and Virtual Card First Launch, Supporting USDT Deposits and Real-World Spending


HONG KONG SAR – Media OutReach Newswire – 11 August 2026 – UstarPay, a PayFi infrastructure platform connecting crypto to real-world payments, announced that the UstarPay App and Virtual Card officially launched on July 30, 2026. The initial launch is available to eligible users, enabling them to deposit and spend USDT through a secure and practical digital payment experience.

This launch marks an important milestone for UstarPay’s mission of “Real Crypto, Real Life.” It turns the company’s vision into action by allowing users to move beyond simply holding digital assets and begin using them in real-world spending scenarios. UstarPay will continue improving the product experience in future versions, including usability, supported features, payment scenarios, regional coverage, and infrastructure capabilities.

Digital assets have changed how people store and exchange value, but using crypto in daily life has often remained difficult. UstarPay was created to solve this gap. With the launch of its App and Virtual Card, UstarPay is taking its first step toward making crypto more accessible, spendable, and useful for everyday life.

A UstarPay spokesperson said: “The UstarPay App and Virtual Card officially launched on July 30, and this is only the beginning. This first version allows users to deposit and spend USDT through the UstarPay App and Virtual Card, but our vision goes far beyond that. We will continue to improve the product in upcoming versions, listen closely to users, and build a smoother, broader, and more powerful payment experience.”

What This Launch Means for UstarPay

The first launch of the UstarPay App and Virtual Card creates a major impact for the UstarPay ecosystem. It moves UstarPay from infrastructure vision to real user experience, giving people a direct way to interact with the platform and use digital assets in practical payment situations.

For UstarPay, this launch:

  • Validates the “Real Crypto, Real Life” mission by turning USDT into a usable payment balance.
  • Introduces UstarPay to real users in the market, allowing the company to quickly gather market feedback and continuously optimize the product experience.
  • Creates the foundation for future product expansion, including more features, broader use cases, and improved payment access.
  • Strengthens UstarPay’s role in PayFi infrastructure by connecting digital assets with real-world financial activity.
  • Builds trust through practical utility, showing users that crypto can be more than an investment or trading asset.

This launch is not the final destination. It is the foundation for UstarPay’s next stage of growth.

What UstarPay Changes
UstarPay changes the way people interact with crypto by making digital assets easier to use in everyday life. Instead of keeping crypto inside exchanges, wallets, or trading platforms, UstarPay helps users turn USDT into real spending power.

This launch changes the user experience in several key ways:

  • From holding to spending: Users can move from simply holding USDT to using it for everyday payments.
  • From complex to simple: The UstarPay App provides users with a clearer and more convenient way to manage and use digital assets.
  • From digital-only to real life: The Virtual Card helps connect crypto balances with real-world payment scenarios.
  • From delayed access to faster usability: Users can deposit USDT and access spending functions through a single platform.
  • From fragmented tools to one ecosystem: UstarPay brings wallet and card functions together within one unified payment experience.

For freelancers, remote workers, travelers, Web3 users, and digital entrepreneurs, this means crypto can become more practical, flexible, and closely connected to everyday needs.

Key Features of the First Version
The first version of the UstarPay App and Virtual Card includes:

  • USDT Deposits: Users can deposit USDT into the UstarPay App.
  • Virtual Card Access: Users can use the virtual card in supported payment scenarios.
  • Everyday Digital Spending: Designed for online shopping, travel bookings, subscriptions, and other digital payment needs.
  • Simple Account Experience: Manage digital assets and payment functions within one app.
  • Availability for Eligible Users: Open to eligible users.
  • Secure Payment Infrastructure: Built with a focus on compliance, transparency, and asset protection.

As the first version, UstarPay will continue to develop and improve the platform based on user needs, market feedback, and technical upgrades.

The UstarPay App and Virtual Card officially launched on July 30, 2026.

Regulated Area Check:
Before downloading or using UstarPay services, users should confirm whether their country or region is within UstarPay’s supported and compliant service areas. Please refer to the latest regulated area list.

Download UstarPay & Regulated Area List:
https://linktr.ee/UstarPay

Hashtag: #UstarPay

The issuer is solely responsible for the content of this announcement.

About UstarPay

UstarPay is a PayFi infrastructure platform connecting crypto to real-world payments. Through its wallet, card, and payment infrastructure, UstarPay enables users and businesses to transform digital assets into practical spending power.

UstarPay has obtained a Canadian MSB license and is committed to compliance, transparency, and security as it promotes the use of digital asset payments in real-world scenarios. With the mission of “Real Crypto, Real Life,” UstarPay is building seamless infrastructure for a financial future that is digital, mobile, human-centered, and borderless.

Website: X / Twitter: Telegram:

“LIANGZHU CODE 5000” Invites Global Explorers to Unlock an Ancient Civilization

HANGZHOU, China, Aug. 11, 2026 /PRNewswire/ — What if a mobile phone could unlock the story of a civilization dating back more than 5,000 years?

The Hangzhou Municipal Bureau of Culture, Radio, Television and Tourism has launched “LIANGZHU CODE 5000,” a new international cultural campaign inspired by the Archaeological Ruins of Liangzhu City.

Featuring an interactive mobile web experience and an on-site video with international content creator Bohan, the campaign invites global explorers as “Digital Archaeology Officers” to unearth the ancient civilization through 12 interactive missions.

Explore LIANGZHU CODE 5000: https://liangzhu-archeology.netlify.app/

Decode Liangzhu Through 12 Missions

The journey begins approximately 5,300 years ago, when the people of Liangzhu built an ancient city, developed a large-scale water management system, cultivated rice and created finely crafted jade objects.

Through tapping, dragging, matching and selecting, players explore different aspects of Liangzhu civilization. They locate the Mojiaoshan palatial complex, rebuild the ancient water system, identify patterns on jade objects and examine archaeological clues connected to agriculture and daily life.

Each mission is based on representative archaeological discoveries from Liangzhu. Instead of presenting historical knowledge through lengthy explanations, the experience places clues within images and interactive challenges.

Together, the 12 missions show not only the artifacts left behind by the people of Liangzhu, but also how they built and managed a city, organized production and understood the world around them.

After completing all the missions, players awaken the renowned “King of Cong” and receive a personalized Digital Archaeology Officer Certificate, which can be saved and shared on social media.

Connecting the Digital Experience with the Real Site

As part of the campaign, international content creator Bohan visited the Archaeological Ruins of Liangzhu City to experience “LIANGZHU CODE 5000” on site.

In the video, the palatial complex, dams and jade objects shown on his phone correspond with the archaeological landscape around him, connecting the digital missions with the physical ruins.

“Because you are standing inside the ruins, the experience makes the history around you feel much more real,” Bohan said.

The Archaeological Ruins of Liangzhu City were inscribed on the UNESCO World Heritage List in 2019. The site provides important evidence of Chinese civilization dating back more than 5,000 years.

For international audiences unfamiliar with Chinese archaeology, “LIANGZHU CODE 5000” offers an accessible way to begin exploring its history.

The word “CODE” refers to both the clues preserved in the ruins and artifacts and the digital format through which they are revealed. “5000” points to the more than 5,000-year history of Chinese civilization.

By combining archaeology, interactive storytelling, on-site exploration and social sharing, the campaign turns the discovery of Liangzhu into a journey that anyone can begin with a mobile phone.

Don’t just visit Liangzhu. Decode it.

Merck Expands Biosafety Testing Laboratory in Singapore to Strengthen Services Across Asia Pacific

  • Expansion adds first BioReliance® Cell Line Characterization and GMP Next-GenerationSequencingin Asia Pacific
  • Enhanced testing capabilities to deliver speed, sensitivity, and sustainability for biopharma customers in the region
  • Supports industry shift to molecular methods and animal-free testing

SINGAPORE – Media OutReach Newswire – 11 August 2026 – Merck, a leading science and technology company, is expanding its Singapore lab to further strengthen analytical and biosafety testing services for customers across the Asia Pacific region. Biosafety testing is a critical step in the drug development and manufacturing process, helping to ensure that biologics are safe, effective, and compliant with regulatory requirements.

The expansion builds on Merck’s global testing expertise of more than 75 years and marks a significant milestone in providing an advanced, local contract testing services portfolio for the region’s growing biopharma industry.

“Localizing these BioReliance® testing capabilities means our Asia Pacific biopharma customers can accelerate their development timelines, improve operational efficiency, and meet evolving regulatory and sustainability standards” said Paolo Carli, Head of Advanced Solutions for the Life Science business of Merck. “This investment underscores Merck’s commitment to empowering medicine makers by providing industry-leading analytical and biosafety testing services and technical expertise.”

Merck’s Singapore laboratory will become the first BioReliance® facility in Asia-Pacific to offer both Cell Line Characterization services and GMP next-generation sequencing (NGS) capabilities. It will also offer advanced molecular methods including Blazar®, a proprietary platform for rapid virus detection.

The expanded facility aims to support the industry’s move towards state-of-the-art quality control testing of biologics and 3Rs (Replacement, Reduction, and Refinement of animal use) through advanced molecular methods.

“Merck’s expansion of the BioReliance® lab will bring world-class and next-generation testing services to biopharmaceutical companies in Singapore and the region. We look forward to continuing our partnership with Merck to strengthen Singapore’s ecosystem, build new capabilities within our local workforce, and enable the delivery of innovative therapies to patients,” said Goh Wan Yee, Senior Vice President and Head of Healthcare, Singapore Economic Development Board.

The Singapore BioReliance® lab was opened in 2018, and the expansion will bring the total lab area to over 1,000 square meters. This expansion is also a key step in Merck’s broader strategy to support the region’s dynamic life science ecosystem and drive scientific progress.

Hashtag: #Merck #BioReliance #biosafety

The issuer is solely responsible for the content of this announcement.

About Merck

Merck, a leading science and technology company, operates across life science, healthcare and electronics. More than 62,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2025, Merck generated sales of € 21.1 billion in 65 countries.

Scientific exploration and responsible entrepreneurship have been key to Merck’s technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics.

All Merck press releases are distributed by e-mail at the same time they become available on the Merck website. Please go to to register online, change your selection or discontinue this service.

DeTect Awarded Contract to Supply MERLIN™ True3D® Bird Detection Radar to the Soekarno-Hatta Airport in Jakarta

The bird radar flight safety system will enhance the airport’s wildlife control program and provide real-time hazard risk alerts to air traffic control and airfield operations.

PANAMA CITY, Fla., Aug. 11, 2026 /PRNewswire/ — DeTect, Inc. has been awarded the contract to supply its MERLIN 7360 True3D Bird Detection Radar (BDR) to the Soekarno-Hatta Airport in Jakarta. MERLIN is the most advanced and widely used bird radar system with over 600 BDRs worldwide in aviation safety and bird protection applications. The MERLIN technology was originally developed for and is currently used by the U.S. Air Force and NASA for detection and alerting of hazardous bird and drone activity on an around airfields, with systems currently used by commercial airports in Canada, the EU, the Middle East, Africa and Asia.

MERLIN True3D Bird Detection Radar System
MERLIN True3D Bird Detection Radar System

The Jakarta system will include 7360 True3D radars at the ends of each of its two runways to provide full 3D 360-degree airfield and surrounding airspace, with automatic display and alerting of high-risk bird activity via monitors in the airport bird control team vehicles and at airfield operations and in the control tower. The system will be manufactured in the US, and the project will be managed by DeTect’s APAC Regional office in South Korea. DeTect’s CEO, Gary Andrews, said of this order, “We are gratified to have been selected by InJourney Airports to supply and support DeTect’s bird radar system technology at Soekarno-Hatta International Airport (CGK), one of Southeast Asia’s busiest airports.”

ABOUT DETECT INC:
DeTect is a fully integrated radar company founded in 2003 with research, engineering and manufacturing facilities and offices worldwide. DeTect products include MERLIN™ BDR, HARRIER™ Security and Surveillance Radars, DroneWatcher™ Counter- UAS systems, MERLIN Bird Monitoring and Mitigation Systems, HARRIER Aircraft Detection Lighting Systems, and HARRIER Beyond Visual Line-of-Sight radars.  Since 2003, DeTect has manufactured and commissioned over 1100 radar systems in the US, Canada, the UK, Europe, Africa, Asia and Australia and New Zealand.

Reference sites:  https://detect-inc.com/   

  

Reap Goes Live on Hyperliquid with USDC funding capabilities

Clients can now move USDC more efficiently and manage balances on the Hyperliquid network.

HONG KONG, Aug. 11, 2026 /PRNewswire/ — Reap, a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure, today announced support for USDC funding via Hyperliquid. Clients can now generate a Hyperliquid wallet address within Reap and send USDC on the Hyperliquid network to fund their cards and payments balances.

In May 2026, Hyperliquid phased out its native stablecoin, with Circle expanding its infrastructure role across the network. USDC is now the dominant collateral asset on Hyperliquid, and stablecoin supply on the platform has nearly doubled year-over-year, reaching a record $7.04 billion in early June 2026, up almost 20% in a single month.

As USDC cements itself as the anchor stablecoin of one of the largest on-chain trading venues, a growing number of businesses already hold or transact in USDC on Hyperliquid as part of their treasury activity. Until now, moving that USDC into a Reap balance meant routing it through an intermediary exchange or wallet. A direct funding rail removes that extra step, letting clients put Hyperliquid-based USDC to work in their cards and payment balances. This launch also expands Reap’s own network coverage for stablecoin funding, with Hyperliquid joining Ethereum, Tron, and Polygon as supported networks for on-chain USDC deposits.

For businesses that already keep working capital on Hyperliquid, this adds a direct path to convert on-chain USDC into operating balances, without routing funds through an intermediary exchange or wallet. That can reduce settlement time and operational overhead, improve liquidity management between trading and treasury activity and day-to-day spend, and support smoother reconciliation by keeping funding flows on a single, supported rail. The addition of Hyperliquid gives clients another stablecoin funding rail, reducing friction for businesses that already hold or transact in USDC on Hyperliquid, and makes it easier for clients to fund their cards and payments balances directly.

“With Hyperliquid now supported in Reap, clients now have a more direct bridge between where they already hold USDC on-chain and where they need to deploy it in day-to-day operations. We are excited to build a simpler, faster path for treasury teams to move value from on-chain liquidity into the balances they use to run their businesses.” said Harris Leow, Head of Product, Reap.

Reap is also exploring additional ways to expand the utility of Hyperliquid across a broader suite of products and solutions over time, from making it easier for clients to fund and deploy USDC held on Hyperliquid, to unlocking more seamless ways to move value between on-chain liquidity and real-world spend. By deepening this integration, Reap aims to create more flexibility for clients while supporting greater real-world utility for stablecoins on Hyperliquid.

About Reap

Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-native infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets.

Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions.

Founded and headquartered in Hong Kong, Reap employs 300 people worldwide.

More information about Reap can be found at reap.global.