Innovega signs smart glasses LoI with global electronics ... - evertiq.com

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© mariusz szachowski dreamstime.com General | October 21, 2022

Innovega, a developer of show eyewear for augmented reality, virtual world (AR/VR) and Metaverse applications, precocious signed a Letter of Intent statement with an unnamed supplier of physics devices.

This is Innovega’s 2nd Letter of Intent for evaluating opportunities for its next-gen show eyewear.

“Concluding this Letter of Intent is peculiarly gratifying arsenic we targeted this institution based connected its estimation and they agreed to instrumentality this archetypal step,” says CEO Steve Willey, successful a property release. “Our merchandise licensing exemplary for Innovega’s astute interaction lenses and astute glasses allows the Innovega squad to stay focused connected delivering world-class innovation. We proceed to judge the licensing exemplary volition present maximum worth to our shareholders.”

Innovega’s show strategy includes patented disposable brushed astute interaction lenses that are utilized successful conjunction with its astute show glasses. This strategy is designed to conscionable wearers’ parallel demands for lightweight, stylish eyewear and high-resolution panoramic experiences.

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