Intevac stock reports a USD 100 million photonics sale
Published on 09/25/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Intevac stock stood at USD 4.00 on Nasdaq on September 11, 2026, versus a previous close of USD 3.99, a calculated 0.25 percent difference. The company has a market capitalization of USD 108.53 million, giving the latest strategic transaction a direct valuation reference.
Photonics sale sets the tone
As GovCon Wire reported on September 23, 2026, EOTech bought Intevac's photonics unit for USD 100 million in upfront cash. The transaction gives the unit a headline value equal to 92.1 percent of Intevac's quoted market capitalization, although the two figures cover different scopes.
The deal places the photonics business at the center of Intevac's near-term equity story. For shareholders, the important distinction is between the cash proceeds for the sold unit and the value assigned to the remaining company after the transaction.
Nasdaq listing remains central
Insiders Trades identifies Intevac as a U.S. company listed on Nasdaq under ticker IVAC and describes its business as thin-film process technology and manufacturing platforms. That profile places the photonics sale alongside the company's specialty industrial machinery classification.
The market snapshot from September 11 also shows the stock's USD 4.00 price sitting only USD 0.01 above the previous close. The 0.25 percent calculated difference is modest, so the transaction value, rather than a large daily price move, provides the clearest quantified angle for assessing the news.
Stock valuation stays measurable
Intevac's USD 108.53 million market capitalization and the USD 100 million upfront cash consideration are the two key figures investors can compare directly on the transaction date. The comparison suggests that the sale is financially material relative to the public equity value, while the eventual effect depends on how the proceeds and remaining operations are reflected in later company reporting.
Intevac at a glance
Intevac stock data
- Company: Intevac, Inc.
- Ticker: IVAC
- Trading venue: Nasdaq
- Price: USD 4.00 on September 11, 2026
- Market capitalization: USD 108.53 million as of September 11, 2026
- Sector / Industry: Specialty industrial machinery
