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From everyday consumers to international brands, augmented reality has become a key technology for global businesses, marketers and end-users alike. On the brand side, AR is a major component in popular apps and platforms. For example, companies like Snapchat have long been tapping AR to draw users to its platform, and Snap in particular continues to do so with upgrades like new interactive lenses.
From a user perspective, though, AR isn’t always so streamlined; clunky headsets and ill-functioning glasses don’t quite meet consumer demand. Considering that the augmented and virtual reality market is expected to reach $67 billion over the next four years, there’s a huge opportunity for the right organization to create something stylish and suitable for everyday life. The Innovega eyewear system is staking its claim on the market, preparing to offer consumers a highly innovative and flat-out cool way to experience AR contact lenses.
Giving “wearable” a whole new meaning
Set to lead the future of AR, Innovega is creating contact lenses and glasses that provide augmented and virtual reality experiences. That means enjoying AR/VR wherever you go, no heavy headset or handheld devices required.
Here’s how it works: Innovega patented soft disposable contact lenses with built-in micro-lens and light-polarizing filters. These special contacts pair with lightweight digital eyewear (which look as cool on you as what you see out of them). The result is eMacula: a stylish combo that provides a unique and high-quality viewing experience. This includes a wide-range panoramic view that’s up to five times larger than current augmented reality glasses provide.
Fun and functional, too
It’s not just fun and games either. Nearly two-thirds of Americans need prescription lenses, and over 70 percent of the population in Asia requires vision correction. Third-party testing found that visually impaired patients achieved around 20/20 vision using Innovega’s lenses and eyewear. Along with the lightweight, stylish glasses, the Innovega experience goes beyond entertainment – it’s about improving your lifestyle. These lenses will soon benefit everyone from vision-impaired users to consumers seeking a new level of entertainment (and style).
A chance to invest with the best in the business
Co-founders Steve Willey and Dr. Jerry Legerton are the brains behind Innovega. Both are known for their innovations in the tech industry, so it makes sense that they would be pioneering the augmented reality glasses of the future. As such, the company already has 14 issued US patents (plus 13 pending patents to date). So far, Innovega has raised $10 million, with $5.8 million in commercial revenue, government contracts and grants, generating $2 million in gross profit.
So, what happens now? The company plans to license the lens technology to a major manufacturer in order to bring down operating costs and eliminate contact lens production altogether, stabilizing revenue.
The augmented and mixed reality industry is growing fast, so anyone seeking to get in on the action should move swiftly. Join the pros from Bausch & Lomb, Intel and Microsoft that are already on board and learn more about the revolutionary Innovega eyewear system today.
Innovega, Inc. is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained from Innovega, Inc.
Source: https://www.engadget.com/innovega-eyewear-system-deal-sale-145559708.html
