Market Overview

UPDATE: CyberOptics Receives $800,000 Order for 3D MRS Sensors


CyberOptics Corporation (Nasdaq: CYBE) today announced that it has received an order from a key OEM customer valued at approximately $800,000 for 3D MRS-enabled sensor subsystems. This order is currently scheduled to ship in the first quarter of 2016.

CyberOptics previously announced an order for 3D MRS subsystems totaling $1.1 million with shipments spread over the fourth quarter of 2015 and this year's first quarter. In addition, an order valued at $750,000 for SQ3000 automated optical inspection systems, based upon CyberOptics' 3D MRS inspection technology platform, was reported in November and shipped prior to the end of 2015.

Subodh Kulkarni, president and chief executive officer, said: "These sizeable orders clearly indicate that CyberOptics' strategic transition to 3D sensing is gaining traction in the marketplace, making us confident of our vision, our overall strategy and our future."

Posted-In: News Press Releases


Related Articles (CYBE)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial

Otonomy Announces Proposed Public Offering of ~$100M Common Stock

Twitter Breaches $22; Now At All-Time Low