“We are very excited to already have multiple Tier 1 customers engaging in AR/VR and consumer electronics applications where Myrias IP and expertise provide unrivaled cost, performance and lifetime advantages over existing etched or printed polymer-based processes,” said Myrias CEO Patrick Tan. “We are particularly excited to work with Asia Optical to develop and deploy a new class of optics that enables products that are compact, lighter and easier to assemble at significantly lower costs.”
Development and adoption of the optical technologies developed by the Watkins Group is poised to accelerate substantially in Massachusetts thanks to a $5 million award from the Massachusetts Technology Collaborative. The grant will enable UMass Amherst to establish an open-access Advanced Optics Fabrication and Characterization Facility, a unique resource available to industry partners and researchers across the state.
Founded in 2021 by Professor James Watkins, Myrias Optics has secured exclusive worldwide license to six foundational patents using nano-particle formulations.
Asia Optical (TSE: 3019) is engaged in the production and sales of optical lenses and optoelectronic products.
Founded in 1863, UMass Amherst is the flagship campus of the University of Massachusetts system and New England’s leading public research university. Tenon Ventures Tenon is a new Venture Capital firm formed by serial entrepreneurs and advisors to help craft the next generation of deep-tech ideas into successful companies. HOSS Investment HOSS Investment is a Taiwan investment firm focused on companies in advanced manufacturing and new deep-tech technologies.
SOURCE Myrias Optics, Inc.
