GoPro and Starman merge in $285M pivot to AI data centers

GoPro announced it has entered a definitive agreement to merge with privately held optical-photonics company Starman Optical, giving existing GoPro shareholders $285 million in cash and roughly 10% of the combined company. The deal will shift GoPro’s focus toward U.S.-made optical transceivers for AI data centers, while paying off about $92 million in GoPro debt if the transaction closes by late 2026.