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INDI News
INDI Events
indie Semiconductor SLEDS Completes Space Qualification Testing
indie Semiconductor announced that superluminescent light-emitting diodes, SLEDS, from its photonics portfolio have completed final space qualification testing and have been selected for use in the Copernicus Hyperspectral Imaging Mission for the Environment, CHIME. The selection builds on indie Photonics' existing work in space programs, where optical component qualification requirements are among the most stringent in any industry.
Greenland Energy Borrow Rate Increases to 203.12%
Latest data shows the largest indicative borrow rate increases among liquid option names include: Greenland Energy Company Common Stock (GLND) 203.12% +9.35, Critical Metals Corp (CRML) 84.41% +4.45, ProShares Trust (SPCF) 31.20% +4.45, indie Semiconductor (INDI) 2.36% +1.41, GDS Holdings (ADS) (GDS) 2.73% +1.37, Defiance 1.75x MSTR ETF (MSTX) 18.11% +0.88, iShares S&P National AMT Free Municipal Bond Fund (MUB) 6.58% +0.80, Defiance Daily Target 2X Long RGTI ETF (RGTX) 62.26% +0.77, Vail Resorts (MTN) 3.26% +0.63, and Aries I Acquisition Corp (RAM) 9.27% +0.42.
indie Semiconductor President Ichiro Aoki Resigns
indie Semiconductor announced that Dr. Ichiro Aoki will resign from his position as President of indie and member of indie's board of directors, effective June 29, 2026, and has appointed Thomas Schiller to its board of directors.
Indie Semiconductor Acquires ams OSRAM Image Sensor Business for €40M
Indie Semiconductor has announced the signing of a definitive agreement to acquire the fabless CMOS image sensor group from ams OSRAM AG for a total consideration of EUR 40M. With primary operations in Belgium and Portugal, this product line includes intelligent, high-performance CMOS image sensors for a broad range of industrial, automation, and physical artificial intelligence applications. This portfolio of products, IP, and designs aligns with indie's automotive ADAS sensing solutions and further strengthens the company's multimodal sensing capabilities across radar, vision, LiDAR, and ultrasonic. The consideration includes a cash payment of EUR 35M paid at closing, and a EUR 5M euros vendor debt note provided by ams OSRAM. The transaction is subject to customary closing conditions, including regulatory approvals. It is expected to close in the third quarter of 2026 and be immediately accretive.
indie Reports Q1 Revenue of $55.5M, Exceeding Expectations
Reports Q1 revenue $55.5M, consensus $55.08M. "indie delivered a solid first quarter, with revenue exceeding the midpoint of our guidance, up 3 percent year over year," said Donald McClymont, indie's co-founder and chief executive officer. "Notably, we have received a production order of $25 million from our Tier 1 radar partner, driven by demand from two automotive OEMs and marking a significant commercial milestone. With continued expansion into quantum and physical AI, indie is ideally situated to drive consistent, profitable growth."
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