Core Insights - RIBER has received an order for an MBE 6000 production system from QD Laser, aimed at scaling quantum dot laser production for the Datacom sector, which is experiencing rapid growth due to data expansion and AI integration [1][3]. Company Overview - RIBER is a global leader in molecular beam epitaxy (MBE) equipment for the semiconductor industry, providing essential technology for advanced semiconductor development used in various applications, including photonics and telecommunications [7]. - QD Laser specializes in quantum-dot lasers and optoelectronic devices, recognized for delivering superior Quantum Dot solutions that excel in industrial qualification and technical precision [2][7]. Order Significance - This order marks the third MBE 6000 project for quantum-dot-based epiwafers in the Datacom sector within a month, reinforcing the MBE 6000 platform as a key industrial solution for high-value applications [3]. - The MBE 6000 system is designed to meet the specific growth conditions required for quantum-dot production, ensuring precise control over growth parameters [4]. Customer Relationship - QD Laser has been a strategic customer of RIBER since 2008, demonstrating a long-term partnership that reflects confidence in RIBER's technology and its role in advancing next-generation photonic technologies [5][6].

Core Insights - RIBER reported first-half 2025 earnings, confirming its roadmap rollout and annual outlook despite a challenging international environment [2][4] Financial Performance - Revenues for H1 2025 were €10.7 million, down from €13.7 million in H1 2024, with systems revenues at €7.8 million and services and accessories revenues at €3.0 million [3][5] - Gross margin for the period was €3.9 million, representing 36.2% of revenues, an increase from 34.8% in H1 2024 [6] - Operating income was €(0.7) million, compared to break-even in H1 2024, while net income was €(0.8) million, down from a profit of €0.2 million in H1 2024 [7] Order Book and Sales - The order book stood at €27.7 million as of June 30, 2025, down 23% year-over-year, with system orders at €22.5 million, a decrease of 25% [11] - The company secured nine system orders in the first nine months of 2025, including two for production, reflecting ongoing demand in datacom and quantum technologies [4][8] Strategic Developments - RIBER is advancing its silicon photonics roadmap, having signed its first two ROSIE sales, which are crucial for the industrialization of this technology [4][13] - The company anticipates new orders in Q4 2025, driven by investment programs in AI and quantum technologies [13][14] Cash Flow and Equity - Cash position at the end of June 2025 was €2.5 million, down from €8.6 million at the end of 2024, influenced by seasonal delivery patterns and shareholder distributions [9][10] - Shareholders' equity decreased to €21.3 million from €23.6 million at the end of 2024, primarily due to half-year earnings and distributions [10]