In a groundbreaking move, Myrias Optics, founded in 2021 under the leadership of CEO Patrick Tan and Professor James Watkins, has successfully secured a significant investment round led by Asia Optical.
This funding infusion, which also saw participation from UMass Amherst, Tenon Ventures, and HOSS Investment, is earmarked to fuel the expansion of Myrias Optics’ operations and market presence.
Pioneering All-Inorganic Printed Meta-Optics: A Visionary Leap
Myrias Optics stands at the forefront of innovation with its focus on all-inorganic printed meta-optics.
The technology, a result of cutting-edge research from the Watkins Group at the University of Massachusetts Amherst, is poised to transform various industries, including augmented reality/virtual reality, consumer electronics, machine vision, advanced robotics, automotive light detection and ranging (LiDAR), and the defense and aerospace sectors.
Exclusive Worldwide Licensing of Foundational Patents: A Technological Edge
At the heart of Myrias Optics’ advancements are six foundational patents utilizing nano-particle formulations. The company has secured an exclusive worldwide license for these patents, positioning itself as a technological trailblazer in the field of meta-optics.
This strategic move underlines Myrias Optics’ commitment to pushing the boundaries of innovation and maintaining a leading position in the evolving landscape of optical technology.
Strategic Collaboration with Industry Leaders
The pivotal investment round led by Asia Optical not only signifies a significant financial boost for Myrias Optics but also establishes strategic collaboration with key players in the industry.
The involvement of UMass Amherst, Tenon Ventures, and HOSS Investment underscores the shared vision for the future of optical technology and its wide-ranging impact across diverse sectors.
Cultivating Originality and Future-Forward Vision
Myrias Optics, with its pioneering work in meta-optics, continues to chart a course toward the future.
The collaboration with Asia Optical and other esteemed investors positions the company to drive its ongoing projects to new heights and explore novel applications within the industries it serves.
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