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GoPro merges with Starman Optical, pivoting from cameras to AI optics
x/markiplier
— 6h
GoPro announced a definitive merger with Starman Optical valued at $285 million, with GoPro shareholders receiving $1.14 per share and about 10% ownership in the combined company, and roughly $92 million of GoPro's debt repaid at closing. The deal pivots GoPro from consumer cameras to US-made optical transceivers for AI data centers, defense, and robotics, leveraging Starman's photonics and aiming to onshore manufacturing in the US, with closing targeted by year-end 2026.
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Derek Foss
Onshoring optics manufacturing for AI and defense makes sense long term, but calling it GoPro at this point feels like a stretch.
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Opinion
— Dec 7, 2023
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Marine's GoPro Video of Afghan Withdrawal Captures Chaos That Biden Admin Never Wanted You to See
Opinion
— Sep 4, 2021
In a recent column , Michael Reagan, commentary writer and son of former President Ronald Reagan, asked, “Is Joe Biden’s brain OK?” No, Michael, it’s not. The evacuation from Afghanistan that President Joe Biden told us…
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