STMicroelectronics (NYSE: STM) saw its shares falter Thursday morning, on joining with Metalenz, the first company to commercialize meta-optics.
The two companies announced that ST’s currently released VL53L8 direct Time-of-Flight (dToF) sensor is the highly anticipated market debut of the meta-optics devices developed through their partnership, which was disclosed in June 2021.
Metalenz’s Harvard-born, meta-optics technology can replace existing complex and multi-element lenses and provide additional functionality with a single meta-optic embedded in time-of-flight (ToF) modules from ST, the leading company in supplying 3D sensing modules.
The introduction of Metalenz technology in these modules brings performance, power, size, and cost advantages to a multitude of consumer, automotive, and industrial applications. This marks the first time metasurface technology is commercially available and being used in consumer devices.
Unlike traditional molded and curved lenses, Metalenz’s novel optics are completely planar. Planar metasurface optics are now being manufactured on silicon wafers alongside electronics in ST’s semiconductor front-end fabs for the first time.
The meta-optics collect more light, provide multiple functions in a single layer, and enable new forms of sensing in smartphones and other devices, while taking up less space. Metalenz’s flat-lens technology replaces certain existing optics in ST’s FlightSense™ ToF modules, which serve applications such as smartphones, drones, robots, and vehicles. In these, ST has sold more than 1.7 billion units to date.
STM shares moved lower 88 cents, or 2.2%, to $38.34.
