MICLEDI Microdisplays, a leading developer of microLED displays for augmented reality (AR) glasses, and Kura Technologies, a world leading innovator in AR headsets announced a collaboration to manufacture AR glasses. The new glasses are designed by Kura and incorporate MICLEDI’s unique 300mm microLED displays to achieve the performance required for Kura’s next generation of AR glasses. Based upon Kura’s proprietary architecture from the chip level up, these next generation glasses feature groundbreaking performance capabilities.
The two companies have been working together for over a year with MICLEDI providing Kura early access to advanced microLEDs under a closely held collaboration. Kura was the one of the first customers to receive microLEDs from MICLEDI, enabling them to build and test their unique approach for driving and controlling microLED displays for AR glasses.
Under the partnership, MICLEDI will continue to provide Kura access to devices built in its 200mm fab as well as provide Kura with early access to customized blue, green, and red devices as they come from their 300mm wafer foundry.
“MICLEDI is pleased to be an integral part of Kura’s innovation journey,” said Sean Lord, MICLEDI CEO. “It is very rewarding to serve the needs of a nimble, fast-paced customer like Kura, and it has us a better company. We’ve had a chance to visit Kura’s office in the Bay Area, meet their team and see their latest developments and demos. We were very impressed by their progress over the years, the multi-disciplinary technical expertise and the field-of-view and clarity of their demos.”
“Kura’s fast-paced product engineering team has benefited tremendously from MICLEDI’s quick-turn 200mm prototype fabrication capability and responsive team of professional LED design and process experts,” says Kelly Peng, founder, CEO and CTO of Kura. “More importantly, though, we feel that MICLEDI is well-positioned to achieve industry leadership in 300mm microLED fabrication, offering process advantages and direct compatibility with our high performance custom 300mm backplane.”
According to the market analyst company, Yole, the overall global AR market is estimated to reach $88.4 billion (USD) by 2027 with a compounded annual growth rate of more than 30% from 2021 to 2027 and beyond as it becomes the next consumer platform.