11.01.17
eMagin Corporation announced the signing of a development and licensing agreement with a tier-one consumer electronics company permitting it to use eMagin technology. The program is expected to generate licensing revenue if the company commercializes eMagin’s technology.
“This agreement is a major step towards the commercialization of our proprietary microdisplay technology,” said Andrew Sculley, president and CEO. “Having another tier-one consumer electronics company complete rigorous diligence on our direct patterning technology and sign this agreement with us is a strong endorsement of our microdisplay technology.
“Display quality is one of the key remaining hurdles for ubiquitous AR/VR and we continue to hear that our technology is the solution,” Sculley continued. “Just as we established our leadership in the demanding military market by leapfrogging LCD microdisplay technology with our superior OLED microdisplay technology, we believe we are now eliminating a key barrier for our consumer electronics partners to capture the AR/VR market.”
Photo courtesy eMagin
“This agreement is a major step towards the commercialization of our proprietary microdisplay technology,” said Andrew Sculley, president and CEO. “Having another tier-one consumer electronics company complete rigorous diligence on our direct patterning technology and sign this agreement with us is a strong endorsement of our microdisplay technology.
“Display quality is one of the key remaining hurdles for ubiquitous AR/VR and we continue to hear that our technology is the solution,” Sculley continued. “Just as we established our leadership in the demanding military market by leapfrogging LCD microdisplay technology with our superior OLED microdisplay technology, we believe we are now eliminating a key barrier for our consumer electronics partners to capture the AR/VR market.”
Photo courtesy eMagin