MetaOptics designs and manufactures metalenses, which are ultra-thin, flat optical components that replace traditional curved glass lenses. The company specializes in color metalenses for visible light, using nanoscale fabrication to create optics that are smaller and more power-efficient than glass alternatives. These components serve manufacturers of smartphones, AR/VR headsets, LiDAR sensors, and biometric devices. MetaOptics follows an asset-light business model by outsourcing its manufacturing to a third-party foundry while focusing on proprietary design, 12-inch DUV immersion photolithography, and AI-based image processing software. The company sells through three channels: direct B2B sales of custom lenses, sales of proprietary metalens manufacturing and testing equipment, and integrated IoT products like projectors and sensors. Although MetaOptics has not yet achieved mass production due to lengthy customer qualification cycles, it aims to scale by securing high-volume purchase orders from electronics OEMs. MetaOptics is currently expanding its operations into the United States to establish strategic partnerships and deploy its manufacturing technology domestically. The company also develops AI software to correct inherent optical limitations, such as chromatic aberration, to improve image quality for its color metalenses.