10:04 AM EDT, 07/10/2025 (MT Newswires) -- STMicroelectronics ( STM ) signed a new licensing agreement with Metalenz, a provider of metasurface optics, to expand the company's ability to produce advanced metasurface optics, the companies said Thursday.

Financial details weren't disclosed.

The deal is expected to expand STMicroelectronics' ( STM ) access to Metalenz's intellectual property, enabling the production of advanced metasurface optics by leveraging its 300 millimeters semiconductor and optics manufacturing platform for technology development and commercialization, according to the joint statement.

Shares of STMicroelectronics ( STM ) were up 1.4% in recent Thursday trading.

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