Drew Perkins

Jan 8, 2023

January 7, 2023 Another company involved in the development of smart contact lenses stops work on the project. Last Friday, Mojo Vision announced the decision “refocus your business and focus your resources” on MicroLED display technology, created during the work on the augmented reality Mojo lens. Image Source: The Verge According to the CEO of the company Drew Perkins (Drew Perkins), as part of the reorganization, about 75% of its staff, which, according to PitchBook and LinkedIn, will be laid off about 150 employees. Showcased at CES 2020, the Mojo augmented reality smart lens was a long way off the market, as it needed to be connected to an external power source and a processor. In June of this year, the company began testing a “full-functional prototype” product with in-flight power and communications, with Perkins himself acting as the tester. A few months earlier, the company had announced that the next step would be “extensive user testing and analysis, prototyping of software applications, and overall system and product optimization”, implying that there is still a large amount of work to be done before the product hits the market. However, without additional funding, further work on the project became impossible. Recall that Verily, which is part of the Alphabet holding, refused to continue working on a similar project. If you notice an error, select it with the mouse and press CTRL + ENTER. *The article has been translated based on the content of 3DNews – все новости сайта by 3dnews.ru . If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much! *We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language. *We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards! Report Content