Innovega intends to apply its smart contact lenses and glasses in support of the projected $67 Billion AR/VR market, and to deliver benefit to healthcare, enterprise, defense and consumer markets, including sports, education, and gaming applications.
Innovega created eMacula®, a wearable display system that includes patented disposable smart contact lenses and a portfolio of display eyewear. This combination satisfies the wearers’ demand for lightweight stylish eyewear and access to high-quality media. The eMacula display eyewear system can deliver high-resolution media with as large as 110-degrees field of view.
Many companies have attempted to incorporate large conventional optics into even larger headsets or to employ challenging waveguide technology and electronics to deliver useful display eyewear. Their failure has derailed forecast growth of AR/VR. Bulky, obtrusive, and hot VR headsets or AR eyewear with a narrow display and eyestrain can negatively impact wearers’ viewing experiences. Innovega’s proprietary contact lens and eyewear designs overcome challenges that historically prevented lightweight, stylish, high-performance display eyewear.
Innovega plans to license its broad patent portfolio and trade secrets to contact lens manufacturers and display eyewear partners. Innovega’s patented portfolio of Enhanced Retina Technologies covers the system of smart contact lenses and glasses, as well as contact lens components, display technologies, eye-tracking, novel camera modulation, and features for the visually impaired and the hearing impaired. These innovations are protected by Innovega’s robust list of 48 U.S. and international patent cases including 23 issued patents protecting its iOptik smart contact lens and eMacula®, display system
The Innovega business model allows established contact lens manufacturers the potential to fabricate, brand, and distribute smart contact lenses. The model also allows partners to co-develop, manufacture, and distribute unique eyewear and application solutions that enable expansion in their existing markets.