The company specializes in developing unique photonic components, modules, and subsystems for applications in optical communication, optical sensing, and laser material processing. Their product portfolio includes laser systems, photodiodes, microcontrollers, and micro-optic solutions based on different compound semiconductor platforms. These products serve as building blocks for photonic integrated circuits and enable innovative performance in industries such as automotive lidar, aerospace, industrial processing, and data communications. On March 21st, 2022, Freedom Photonics was acquired by Luminar Technologies, a telecommunications company. The terms of the transaction were not disclosed.