03.20.24
OLEDWorks LLC announced the award of an approximately $8.6 million Other Transactional Agreement (OTA) with the US government. The US Army is overseeing the design and development of high-performance OLED microdisplays for consumer and defense applications.
The microdisplay is targeted specifically towards head-mounted display applications in the Augmented Reality and Virtual Reality (AR/VR) markets. By combining full-color output brightness levels with excellent lifetime, the display will allow users to view full-color information in a “see-through” environment while operating in direct sunlight conditions.
“We’re excited to add the third OLED microdisplay product to our roadmap and to be in a position to offer another high-brightness OLED microdisplay solution to Tier-I companies in the AR/VR product space,” said David DeJoy, CEO of OLEDWorks. “This new program validates the strategic research and development efforts we have invested in over the years by applying our proprietary multi-stack OLED technology to OLED microdisplays to support defense and high-volume consumer applications.”
“OLEDWorks is expanding the boundaries of microdisplay performance by developing a high-resolution, full-color OLED microdisplay with high brightness levels,” said Dr. John Hamer, OLEDWorks co-founder and COO.
“The new display being developed in partnership with the US government incorporates our multi-stack OLED manufacturing processes, which are in high volume production in our Aachen, Germany, manufacturing site and are qualified for the rigorous environments of the automotive market,” added Dr. Hamer.
The microdisplay is targeted specifically towards head-mounted display applications in the Augmented Reality and Virtual Reality (AR/VR) markets. By combining full-color output brightness levels with excellent lifetime, the display will allow users to view full-color information in a “see-through” environment while operating in direct sunlight conditions.
“We’re excited to add the third OLED microdisplay product to our roadmap and to be in a position to offer another high-brightness OLED microdisplay solution to Tier-I companies in the AR/VR product space,” said David DeJoy, CEO of OLEDWorks. “This new program validates the strategic research and development efforts we have invested in over the years by applying our proprietary multi-stack OLED technology to OLED microdisplays to support defense and high-volume consumer applications.”
“OLEDWorks is expanding the boundaries of microdisplay performance by developing a high-resolution, full-color OLED microdisplay with high brightness levels,” said Dr. John Hamer, OLEDWorks co-founder and COO.
“The new display being developed in partnership with the US government incorporates our multi-stack OLED manufacturing processes, which are in high volume production in our Aachen, Germany, manufacturing site and are qualified for the rigorous environments of the automotive market,” added Dr. Hamer.