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GoPro merges with Starman Optical, pivoting from cameras to AI optics
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— 15h
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.
