FISBA AG

Merging business locations on the East Coast Earlier this year, FISBA, a global leader in optical solutions, acquired Gray Optics, a North American precision optical systems developer, to enhance the engineering capabilities of its North American subsidiary. In a strategic move, FISBA will merge its Tucson, AZ, and Portland, ME locations to optimize performance and better serve North American clients. Tucson's production will transition to the new Portland, ME facilities (12,450 square feet) by year-end, with Gray Optics employees relocating in the first quarter 2024.This consolidation unifies FISBA North America's expertise in engineering design, product development, precision optical assembly, metrology, and volume production capabilities. Markus Hersche, CEO of FISBA, stated, 'With the Gray Optics acquisition, we bolstered our North American technology and development expertise. Now, by merging these locations, we aim to centralize and expand this competence, delivering added value to our customers and accelerating solutions in Life Sciences, Advanced Manufacturing, and Security & Defense.' About FISBA The FISBA Group has a wholly owned subsidiary in North America focused on developing and supporting North American customers with our unique combination of engineering and high-volume production of micro-photonic assemblies and modules. FISBA is one of the world's leading suppliers in the optics industry and stands for excellence from optical design and system engineering to highprecision volume production and advanced optical coating since 1957. The company manufactures micro lenses down to 0.3 mm, complex flat optics, precise optical assemblies, advanced optical systems and compact laser modules, all from one source. FISBA focuses on solutions for Life Sciences, Industrial Applications and Aerospace & Defense. About Gray Optics Founded in 2018 and located in Portland ME, Gray Optics has become a leader in developing precision optical systems and early-stage product development for biomedical and industrial applications. The team consists of highly skilled engineers, program managers, and technicians with years of dedicated product development experience.