Core Insights - RIBER expects full-year revenues for 2025 to exceed €40 million, despite a challenging first half [1][11] Business Developments - For the first half of 2025, RIBER reported total revenues of €10.7 million, a decrease of 22% compared to €13.7 million in the same period of 2024 [2][3] - Systems revenues were €7.8 million, down 17%, reflecting a delivery schedule that included three machines, compared to three production systems delivered in the same period last year [4] - Revenues from services and accessories fell to €3.0 million, a 31% decline, primarily due to reduced research-related orders in the U.S. amid tighter budgets in universities and research labs [5] Order Book Developments - The total order book as of June 30, 2025, was €27.7 million, down 23% from €36.0 million in the first half of 2024 [6] - The systems order book decreased by 25% to €22.5 million, including nine systems, of which six are production machines [8] - RIBER secured five new system orders, including the first for its new 300 mm silicon photonics platform, ROSIE [7] Outlook - RIBER anticipates improved order intake in the second half of 2025, driven by global investment programs in the semiconductor industry [9] - The company expects to benefit from the ramp-up of the ROSIE platform, which has garnered interest from research institutions and industrial players [10] - Despite uncertainties in short-term momentum for research-related services, the systems business is expected to remain stable in 2025 [11]

Core Insights - RIBER has signed a three-year partnership with the Novo Nordisk Foundation Quantum Computing Programme (NQCP) to advance the ROSIE platform, aimed at enhancing silicon fab production lines [1][2][6] - The partnership includes the sale of the first ROSIE unit to NQCP, scheduled for delivery in the second half of 2025, which will be integrated into a pilot line for photonic technologies [3][6] - ROSIE is designed for oxide growth on 300 mm wafers and is compliant with SEMI standards, targeting strategic markets such as ultra-fast optical communications, optical computing, and photonic quantum technologies [2][8] Company and Industry Developments - The ROSIE platform, developed since 2021, represents RIBER's commitment to innovation in the semiconductor industry, supported by the Île-de-France Region and Bpifrance under the France 2030 investment plan [4] - The collaboration with NQCP is seen as a strategic move to accelerate the development of innovative processes in integrated silicon photonics, addressing market demands for performance, miniaturization, and energy efficiency [6][7] - RIBER aims to position itself as a key player in the European ecosystem for applied photonics research, showcasing the potential of French technology in the global market [6][7]