Press release
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january 14, 2021 - Vuzix
Vuzix Confirms that it has Entered into a Joint Manufacturing and Supply Agreement with Jade Bird Display for MicroLED-Based Display Engine and Waveguide Products
World's smallest microLED based projection engine combined with #Vuzix ultrathin waveguides supports industry-leading solutions for #Vuzix and our third-party OEMs
ROCHESTER, N.Y., Jan. 11, 2021 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, confirmed today as part of its other CES new product announcements around its next generation smart glasses (NGSG) that it has entered into a multi-year agreement with #jadebirddisplay, a Shanghai-based leader in microLED displays, to collaborate on the co-development and cross-supply of solutions incorporating superbright microLED display engines and #Vuzix waveguides. Under the agreement, #jadebirddisplay will provide microLED displays and #Vuzix will provide newly developed proprietary waveguides and display engine optics to work with these displays. The complete solutions and components will be sold by both #Vuzix and JBD to their customers, and both parties have agreed to supply to each other on a priority allocation basis, subject to limitations to ensure #Vuzix is able to satisfy its own branded product requirements. Both monochrome and RGB microLED display solutions are actively being developed for use by #Vuzix in its NGSG products and for JBD customers. These solutions are expected to be the world's smallest microLED display engines when commercially released and will utilize #Vuzix latest "monolithic" single layer waveguides, with both glass and plastic options expected to be available.
For these next generation products, the entire microLED engine (monochrome and RGB), consisting of a microLED panel, backplane and coupling projector for pairing with a waveguide, is measuring together as small as the cubic size of a pencil eraser and should allow next generation AR Smart Glasses to have a virtually indistinguishable look and feel from normal eyeglasses. These solutions are being developed for Smart Glasses as well as for sighting systems, simple viewfinders, and just about any near-eye device that needs a low power and high-resolution display.
"We are very pleased to collaborate and have this joint-supply relationship with #Vuzix, who is a longtime leader in optics, display technology and augmented reality products that are a perfect fit to operate with JBD's unique microLED technology," said Dr. Qiming Li, CEO & founder of #jadebirddisplay. "Vuzix and Jade Bird are respective industry leaders, and we look forward to a long and strong #partnership with #Vuzix."
"We are very excited about our #collaboration with #jadebirddisplay, who has demonstrated leading highly efficient microLED technology and production capabilities in microLED displays. This relationship with Jade Bird advances Vuzix' products and serves to further our leadership position in the supply of next generation waveguides and display engine technologies and also supports and helps to grow JBD's markets with fully functional solutions that each of us can sell," said Paul Travers, President and CEO of #Vuzix. "We look forward to showing these solutions to the world and seeing them in action come the second half of 2021."
To register and learn more information regarding #Vuzix next generation smart glasses you can visit our website https://www.Vuzix.com/technology/next-gen and YouTube for the latest next generation smart glasses tech specs https://youtu.be/XabpNlxq0oQ.
Registered attendees, media or exhibitors who want to learn more during digital CES are invited join us at our virtual booth at: https://digital.ces.tech/exhibitor/0ad7a70b-2a29-4303-a3aa-b50602843d19
About #jadebirddisplay (JBD)
Founded in 2015, JBD has been focusing on developing the smallest, brightest, and most efficient micro-display panels. With a manufacturing facility established in Shanghai, China, JBD is considered one of the leaders in microLED display technologies with its portfolio of active matrix microLED displays. For more information, visit JBD's website, LinkedIn or Twitter pages.
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