Menicon & Mojo Vision have teamed up to create AR contact lenses, which allow wearers to see augmented reality images in the real world.
The device features a miniscule display which lets wearers turn their eyes into a screen.
More from a recent VentureBeat article:
Areas of collaboration will center around contact lens materials, cleaning, and fitting, among other topics. Menicon, led by president Hidenari Tanaka, has been making contact lenses for 70 years, and it has more than 1,400 employees.
Mojo Lens overlays monochrome images, symbols, and text on users’ natural fields of vision without obstructing their view, restricting mobility, or hindering social interactions.
In April 2020, Mojo announced it had raised more than $51 million in a funding round, and it has raised $159 million to date. The company has more than 100 employees. Financial terms of the agreement are not being disclosed.
Other AR advancements announced recently
A recent survey found that eighty percent of surveyed tech executives from companies using sInternet of Things and Augmented Reality technologies say those will become standards in their industry within five years.
There’s even some use cases for AR in digital signage. We’re intrigued to see if 2021 marks a major commercial shift towards VR & AR solutions.