NESS ZIONA, Israel--(BUSINESS WIRE)--Lumus, a leading developer of transparent AR displays, announced today that it has entered a major agreement with Quanta Computer (TWSE: 2382), one of the world’s largest original design manufacturers (ODMs), to license several augmented reality (AR) optical engine models. The licensing agreement is the largest agreement to date for Lumus, and marks a significant step toward mainstream adoption of AR eyewear.
Lumus has licensed several of its advanced optical engines to Quanta in an agreement to produce and market AR headsets featuring Lumus Vision. Under this agreement, Quanta will also be mass producing Lumus optical engines for other Tier 1 ODMs and top consumer tech brands. The deal follows Quanta’s investment in Lumus in November 2016 and represents an important moment for the AR industry.
As one of the most important production plans for AR headsets to date, the Lumus agreement with Quanta reflects the proximity of mainstream adoption of AR eyewear. Quanta-built AR headsets with Lumus optics are expected to be available in the market within 12 to 18 months.
“This is truly a historic deal. In years to come, when we look back at the major events along the timeline toward mass adoption of augmented reality, we believe this will be recognized as a pivotal moment,” Lumus CEO Ari Grobman says. “We’re excited to be partnering with Quanta, which is one of the world’s most trusted technology ODMs, as this will allow Lumus optics to meet mass consumer market price points and bring AR glasses to the masses.”
“Quanta Computer is a big believer in AR market opportunities, and this partnership with Lumus allows us to lead the next generation of computing that augmented reality represents,” says C.C. Leung, Vice Chairman and President of Quanta Computer. “Our confidence in Lumus’ high-performance optics compelled us to become a partner to incorporate their technology into future optical engine applications. We look forward to leveraging our manufacturing expertise in building AR, VR and MR hardware as part of a very successful collaboration.”
Shlomo Kalish, Lumus chairman of the board and managing partner at Jerusalem Global Ventures, comments that Lumus is “delighted to take our industry leading optical display technology to mass market, with a world-class manufacturing partner like Quanta. It has been a real pleasure to witness the strong relationship between Quanta and Lumus progress towards the combined vision of making AR mainstream.”
Lumus (www.lumusvision.com) believes the future is looking up, and is working with today’s leading augmented reality (AR) and smart eyewear manufacturers to free the world from the limitations of screen-based living. Lumus develops and produces exceptional transparent AR displays that fuse digital and physical worlds like never before. Lumus optics are the core foundational technology on which top global OEM brands are basing their products. Lumus’ patented LOE optical technology enable true see-through performance and a wide field of view in the most natural-looking, sleek and compact design possible today. Lumus optics are battle tested with military aviation, health care, and logistics among the industries utilizing the company’s optical engines.
About Quanta Computer
Quanta Computer is a Fortune Global 500 Company and the world’s largest manufacturer for notebook computers and other technology products. Quanta provides innovative products with leading technology that range from information, communication, networking, consumer electronics, and car electronics to storage. Founded in 1988, Quanta Computer is headquartered in Taiwan with major operation facilities set up in Asia, Canada, North America, South America, and Europe. Quanta Group currently employs over 90,000 employees worldwide with consolidated revenues amounted to US$28 billion for fiscal year 2016. For further information, please visit Quanta Computer’s Website at www.quantatw.com.