GoPro CEO Confirms Camera Business Survives Starman Merger

GoPro founder Nick Woodman published an open letter on September 3 addressing the camera business's future after the company's September 1 merger agreement with Starman Optical, a US optical transceiver and AI infrastructure company. Woodman states GoPro will keep building cameras, citing its 2,500-patent portfolio as evidence of long-term commitment — though the letter contains no product roadmap. The deal is worth $285 million cash ($1.14/share) with shareholders retaining roughly 10% of the combined company, GoPro's ~$92 million debt cleared at closing, and a target close date of end-2026 subject to regulatory and shareholder sign-off.