Austrian startup TriLite has raised €8m to bring its laser projection display technology to the consumer market for smart glasses, backed by UK entrepreneur Hermann Hauser.

TriLite believes its laser beam scanner (LBS) projection display is the world’s smallest, making it suitable for light-weight consumer augmented reality (AR) and mixed reality (MR) applications. The Trixel 3 has a total volume of just 0.92cm³, combining a micro optical RGB laser light source and a micro-electro-mechanical system (MEMS) mirror.

Worldwide shipments of head-mounted displays (HMDs) are forecast to grow at an annual rate of 60 percent per year between 2020 and 2027 as the technology gradually replaces mobile phones as a display system.

Alongside the hardware, TriLite has invested heavily in software that includes proprietary calibration algorithms that enable the size and complexity of the optical system to be minimized.

TriLite offers a manufacturing platform that accelerates time-to-market of its customers and provides a robust, high-volume supply chain. Through this platform, TriLite combines its own manufacturability expertise with industry-leading partners to secure a successful production ramp for end-customers.

source:ee News Europe