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Find small-cap US optical & photonics stocks

US optical & photonics stocks under $5bn. Semibadger surfaces the small-cap suppliers and specialists feeding the AI-infrastructure build-out.

Find small-cap US optical & photonics stocks is a Semibadger research list. We trawl the world's exchanges for US optical & photonics stocks — names that trade below a $5 billion market cap, often well below, and that have a credible angle into the AI-infrastructure build-out: chips, packaging, power, optics, cooling, nuclear, or the materials that underpin all of it.

Why bother with the small end of the market? Because the obvious winners — the trillion-dollar names — are already priced for perfection. The interesting risk-reward sits with the suppliers, the picks-and-shovels, and the regional specialists most people have never heard of. Some of these will be duds. A handful might be tomorrow's headlines. This page intersects two filters: the US listing region and the optical & photonics theme.

Every ticker on this page links through to a full profile with a 5-year chart, headquarters, sector, an AI-expanded "what they do" description and the badger's one-line take. Treat it as a starting point for your own research, not a buy list. Nothing here is financial advice.

13 stocks the badger sniffed out

POET

US

POET Technologies

🦡 Optical interposer platform for AI transceivers

💡 Optical & Photonics🧠 Semiconductors
~$0.5bn cap · open profile →

LWLG

US

Lightwave Logic

🦡 Electro-optic polymer modulators — pre-revenue moonshot

💡 Optical & Photonics
~$0.4bn cap · open profile →

KOPN

US

Kopin

🦡 Microdisplays for AR/VR & defence HMDs

🧠 Semiconductors💡 Optical & Photonics
~$0.2bn cap · open profile →

MVIS

US

MicroVision

🦡 Automotive LiDAR moonshot, lumpy story

🧠 Semiconductors💡 Optical & Photonics
~$0.3bn cap · open profile →

AAOI

US

Applied Optoelectronics

🦡 Hyperscaler optical transceivers, lumpy orders

💡 Optical & Photonics🧊 Data Centres & Cooling
~$1.5bn cap · open profile →

LASR

US

nLight

🦡 High-power fibre lasers, defence & industrial

💡 Optical & Photonics
~$1.0bn cap · open profile →

IPGP

US

IPG Photonics

🦡 Fibre-laser pioneer, cyclical industrial

💡 Optical & Photonics
~$3.0bn cap · open profile →

VECO

US

Veeco Instruments

🦡 Laser annealing & advanced packaging tools

💡 Optical & Photonics🧠 Semiconductors
~$1.5bn cap · open profile →

HLIT

US

Harmonic Inc

🦡 Virtualized CMTS + broadband video infra

💡 Optical & Photonics🧊 Data Centres & Cooling
~$1.5bn cap · open profile →

FEIM

US

Frequency Electronics

🦡 Precision timing for space & defence

💡 Optical & Photonics
~$0.2bn cap · open profile →

PRSO

US

Peraso

🦡 60GHz mmWave chipsets — nano-cap punt

💡 Optical & Photonics🧠 Semiconductors
~$0.0bn cap · open profile →

PLPC

US

Preformed Line Products

🦡 Quiet grid & fibre hardware compounder

🧵 Copper & Cabling💡 Optical & Photonics
~$0.7bn cap · open profile →

NOVT

US

Novanta

🦡 Precision photonics + medical motion control

🔬 Testing & Metrology💡 Optical & Photonics
~$4.5bn cap · open profile →

More research lists

Semibadger maintains 150 small-cap AI-infrastructure research lists. Back to the main burrow.