- Joined
- Dec 19, 2005
- Messages
- 18,305
"Starman Optical was only incorporated in Delaware on August 31, while Starman New Photonics appears to have been created in 2025 and is building a manufacturing facility in New Jersey.
“Advanced optics and imaging are essential to AI, national security, and the broader economy, yet much of the critical hardware supporting these technologies continues to be manufactured overseas,” Charles Tebele, the CEO of Starman Holdings, said in a statement. “The combination of GoPro’s world-class optical expertise and intellectual property with Starman’s advanced transceiver capabilities and U.S. manufacturing platform creates a unique opportunity. Together, we intend to bring production of these critical components back to the United States.”
GoPro went public in 2014, when its action cameras were selling millions of units per year. In the decade since, the company tried branching into new categories like drones and 360-degree cameras, but it didn’t find much luck with either. GoPro then refocused on high-performing versions of its action cameras, and kept them targeted at pros, prosumers, and athletes, but it had to conduct multiple rounds of layoffs as it narrowed the business.
In June, GoPro warned shareholders that it may go out of business without new funding. The following month, founder and CEO Nick Woodman said he was putting $20 million into the business to keep things going.
“We expect this merger to enable GoPro to grow across consumer, commercial and defense markets as a leading American imaging and optical solutions company, addressing important areas of national security related to cameras, optics and AI infrastructure. We’re excited to combine with the Starman team to capitalize on this opportunity and play an important role in America’s future,” Woodman said in a statement."
Source: https://techcrunch.com/2026/09/01/gopro-to-be-acquired-for-285m-will-remain-a-public-company/
“Advanced optics and imaging are essential to AI, national security, and the broader economy, yet much of the critical hardware supporting these technologies continues to be manufactured overseas,” Charles Tebele, the CEO of Starman Holdings, said in a statement. “The combination of GoPro’s world-class optical expertise and intellectual property with Starman’s advanced transceiver capabilities and U.S. manufacturing platform creates a unique opportunity. Together, we intend to bring production of these critical components back to the United States.”
GoPro went public in 2014, when its action cameras were selling millions of units per year. In the decade since, the company tried branching into new categories like drones and 360-degree cameras, but it didn’t find much luck with either. GoPro then refocused on high-performing versions of its action cameras, and kept them targeted at pros, prosumers, and athletes, but it had to conduct multiple rounds of layoffs as it narrowed the business.
In June, GoPro warned shareholders that it may go out of business without new funding. The following month, founder and CEO Nick Woodman said he was putting $20 million into the business to keep things going.
“We expect this merger to enable GoPro to grow across consumer, commercial and defense markets as a leading American imaging and optical solutions company, addressing important areas of national security related to cameras, optics and AI infrastructure. We’re excited to combine with the Starman team to capitalize on this opportunity and play an important role in America’s future,” Woodman said in a statement."
Source: https://techcrunch.com/2026/09/01/gopro-to-be-acquired-for-285m-will-remain-a-public-company/