SkyWater Technology (NASDAQ: SKYT) noticed its share price sliding Wednesday. The company, boasting a status as the trusted technology realization partner, and Lumotive, a pioneer in optical semiconductor technology for 3D sensing, announced today that the companies have collaborated on the production implementation of Lumotive’s groundbreaking solid-state optical beamforming technology in SkyWater’s manufacturing environment. Fully qualified and released for volume production utilizing SkyWater’s unique Technology as a Service (TaaS) model, Lumotive’s product represents the first ever programmable optical metasurface that has been commercialized into a mass-producible chip.

Optical beamforming is a critical technology used in a range of applications, from laser communications and LiDAR (Light Detection and Ranging) to imaging and remote sensing. Lumotive’s Light Control Metasurface (LCM™) technology defies the laws of physics by manipulating light at the subwavelength level using nanostructures fabricated onto the surface of a silicon chip. Beams of light can be shaped, split and steered electronically with digital precision and repeatability.

This marks a dramatic transformation over traditional mechanical methods, and enables significant system-level advantages in compactness, durability, speed, precision, power consumption, reliability, design flexibility and scalability for the next generation of industrial sensors, robotics, autonomous vehicles and other applications that rely on accurate 3D sensing.

SKYT shares dipped 12 cents, or 1.1%, to $10.14.