Mojo Vision Is Ceasing Work On Its Smart Contact Lens - UploadVR

Mojo Vision is ceasing enactment connected its Mojo Lens interaction lens.

The sci-fi-sounding instrumentality was first announced successful aboriginal 2020. It integrated a tiny MicroLED display, ARM processor, IMU (accelerometer and gyroscope), wireless radio, and “microbattery” into a interaction lens frame. The thought was to springiness you a heads-up show without the request for glasses.

Last twelvemonth the institution reached a large milestone – its CEO Drew Perkins became the archetypal idiosyncratic to actually deterioration the instrumentality successful his eye. But owed to “significant challenges successful raising capital”, Perkins announced past week that the institution tin nary longer spend to proceed processing Mojo Lens:

“The slumping planetary economy, highly choky superior markets, and the yet-to-be proven marketplace imaginable for precocious AR products person each contributed to a concern wherever Mojo Vision has been incapable to find further backstage backing to proceed its improvement of Mojo Lens.”

Perkins says his institution volition alternatively absorption connected its MicroLED technology. He claims Mojo Vision’s show is the smallest & densest ever made, astatine a staggering 14000 pixels per inch.

MicroLED is simply a existent adjacent procreation show technology, chiseled from LCD and OLED, and each large user electronics companies are actively researching it – though nary has yet figured retired however to affordably wide manufacture it. It tin execute greater pixel densities and overmuch higher brightness compared to OLED portion drafting little power. “We judge Micro-LED volition disrupt the full $160B show manufacture and our unsocial exertion puts america astatine the forefront of this disruption”, Perkins said.

This important pivot involves laying disconnected astir 75% of Mojo Vision’s employees.