HALIFAX, N.S. / ACCESSWIRE / Might 31, 2022 / Meta Supplies Inc. (“META®”) (NASDAQ: MMAT)(FSE: MMAT), a developer of excessive efficiency purposeful supplies and nanocomposites, and PPG (NYSE: PPG) (along with META, the “Corporations”), a worldwide producer of specialty paints, coatings and supplies, right this moment introduced a Memorandum of Understanding (“MOU”) to develop new ophthalmic good gadgets primarily for prolonged actuality (XR) functions. The collaboration focuses on growing the dynamic dimming performance of META’s NANOWEB® clear conductive movie mixed with META’s PPG electrochromic gels and ARfusion™ platform.
“PPG has a confirmed monitor report of pioneering options for the ophthalmic business and the prescription eyewear public for over 50 years,” mentioned George Palikaras, CEO of META. “PPG is a trusted provider, and we’re excited to develop our collaboration by including PPG’s high-performance chemical substances that completely complement our distinctive ARfusion™ platform and ship dynamic optics to our rising listing of consumers.”
PPG and META imagine that the XR market, which is an umbrella time period that covers Digital Actuality (VR), Augmented Actuality (AR) and Combined Actuality (MR) functions, can change into extra viable by way of a excessive index, multifunctional extra simply hardened. and light-weight good lenses. Using META’s proprietary ARfusion™ know-how with ultraviolet (UV) gentle for curing, the collaboration goals to optimize PPG’s electrochromic gel together with PPG’s UV-curable optical monomers to ship enhanced dynamic dimming performance for eyewear XR. These supplies are being mixed for the primary time and may result in cheaper and sustainable manufacturing, benefiting all factors within the provide chain, from producer to client.
“A serious problem for XR eyewear builders is overcoming high-brightness ambient lighting, corresponding to outdoor on a sunny day,” mentioned Jonathan Waldern, CTO of META. “Growing show energy in these settings dramatically decreases battery life. Dynamic dimming ought to present a extra readable show with extra environment friendly energy consumption.”
META’s ARfusion™ know-how combines UV precision solid lens manufacturing instruments with purposeful supplies to supply XR wearable machine builders with a single platform to seamlessly combine good applied sciences into skinny, light-weight lenses.
“META has the capabilities and assets to steer the event and integration of extremely purposeful supplies into good prescription lenses,” mentioned Ray Hudack, PPG senior advertising and marketing supervisor, Optical Supplies and Coatings. “PPG has in depth expertise and mental property associated to the event, formulation and software of electrochromic formulations. Collectively, we purpose to develop new methods to advance next-generation ophthalmic optics with new performance. By means of this initiative, we see a possibility to supply a superior answer for builders of AR/XR good glasses and different functions.”
The businesses will collectively take part in buyer demonstrations at AWE USA, June 1-3 on the Santa Clara Conference Middle in California (sales space 219).
PPG: WE PROTECT AND BEAUTIFY THE WORLD™
At PPG (NYSE: PPG), we work day by day to develop and ship the specialty paints, coatings and supplies our clients have trusted for almost 140 years. By means of our dedication and creativity, we clear up our clients’ greatest challenges, collaborating intently to search out the best path ahead. Headquartered in Pittsburgh, we function and innovate in additional than 75 nations and had web gross sales of $16.8 billion in 2021. We serve clients within the development, client merchandise, markets industrial and transportation and secondary markets. To study extra, go to www.ppg.com.
About Meta Supplies Inc.
META® delivers beforehand unattainable efficiency, in a spread of functions, by inventing, designing, growing and manufacturing sturdy and extremely purposeful supplies. Our in depth know-how platform permits main world manufacturers to ship breakthrough merchandise to their clients in client electronics, 5G communications, well being and wellness, aerospace, automotive and clear vitality. Our nano-optical know-how supplies anti-counterfeiting security measures for presidency paperwork and currencies and authentication for manufacturers. Our achievements have been widely known, together with being named Lux Analysis Innovator of the Yr in 2021. To study extra, go to www.metamaterial.com.
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