Date Announced: 26 Apr 2018
Mass production solution for waveguides set to bring quality consumer AR wearables to market for $600.
LONDON--(BUSINESS WIRE)--WaveOptics, the world leading designer and manufacturer of diffractive waveguides, today announced a collaboration with EV Group (EVG), a leading supplier of wafer bonding and nano-imprint lithography equipment, to bring high-performance augmented reality (AR) waveguides to the mass market at the lowest cost available in the industry today. Waveguides are the key optical component for wearable AR.
David Hayes, WaveOptics CEO commented: “This partnership marks an AR industry inflexion point and is a critical step in the mass manufacture of high quality AR solutions – a capability that has not been possible to date.
“A combination of EVG’s expertise together with our scalable and versatile technology, will allow AR-end user products to be on the market for under $600 by the end of next year.
“This collaboration is key to unlocking the development of AR wearables; together we are well positioned to bring mass market innovation in AR, opening new paths to scalability at a lower cost than ever before.”
Markus Wimplinger, Corporate technology development and IP director at EVG added:
“We develop new technologies and processes to outperform the most complex challenges, helping our customers to successfully commercialise their new product ideas. For the proliferation of our leading edge Nanoimprint Lithography (NIL) technology, we have created our NILPhotonics Competence Center.
“Within this framework, which has strong policies to protect our customers’ IP, we support our customers on their product development and commercialisation journey from the feasibility to the production phase. This is exactly what we are doing today with WaveOptics, an established leader in AR, to provide a truly scalable solution to end customers.”
The collaborative development efforts within EVG’s NILPhotonics® Competence Center framework are aligned to support WaveOptics’ commitment to unlocking the mass market adoption of AR across all leading market segments – industrial, enterprise and consumer and follow the launch of the Company’s Module Program.
Through the pilot line manufacturing infrastructure offered by the Center, WaveOptics will exceed the projected demand it has seen from its customers for the next quarters, with a proven path to transferring high-volume production processes and equipment to designated facilities capable of producing waveguides at scale for top global OEM brands.
WaveOptics’ collaboration with EVG highlights its commitment to help customers bring AR displays to market by offering high performance, commercial waveguides at an attainable price point. Leveraging EVG’s expertise in equipment and process technology for volume manufacturing will allow AR-end user products to hit the market by 2019 for under $600 – the lowest price point in the industry today.
Source: WaveOptics/EV Group
E-mail: via web site
Web Site: www.EVGroup.com