On March 9, Beijing Lingxi shimmer Technology Co., Ltd. (hereinafter referred to as “Lingxi shimmer”), a developer of AR underlying optical engine technology and a consumer level ar core display and optical solution service provider, announced the completion of a billion yuan round of financing. The financing parties of this round include CIC Meiya fund, fuzhikang (former Foxconn International Holding Co., Ltd., 2038. HK), Hangzhou Mdk Opto Electronic Corporation Limited(688079) ( Hangzhou Mdk Opto Electronic Corporation Limited(688079) ), etc. Potential energy capital will act as the exclusive financial advisor of Lingxi shimmer follow-up financing.
Lingxi shimmer said: after the completion of this round of financing, it will continue to overcome difficulties in the R & D of AR optical waveguide, focus on solving the problem of automatic production of array waveguide, and pave the way for it to move towards the consumer market in an all-round way; Continue to promote the research and development of volume holographic optical waveguide technology and mass production; Accelerate the opening of AR industrial chain and promote the popularization and implementation of AR.
reached strategic cooperation with Xiamen Meiya Pico Information Co.Ltd(300188) and continued to dig into b-end segments
Since its establishment, Lingxi LLL has focused on the R & D, mass production and full solution supply of AR optical waveguide technology. During this period, it has launched aw60 series, aw70 series and aw80 series of array optical waveguide modules (all of which have been mass produced). In addition, Lingxi low light level industry pioneered the two-dimensional pupil expansion technology ar optical module based on the array scheme. At present, it has achieved a breakthrough in light transmittance and light energy utilization. The general light transmittance can reach more than 82%, with less light loss and clearer picture.
In the b-end field, Lingxi shimmer has been deeply cultivated for many years. The sub areas involved include but are not limited to:
In terms of military industry, the army helmet equipped with AR optical display lens has been supported for army operations. It can display map position, gun aiming data and transmit battle instructions in real time. Its transparency can maintain environmental and scene awareness, present key data points, more accurately understand enemy and friend information and night vision ability, and better deal with different combat environments;
At the security level, it realizes the intelligent recognition function through ar glasses, retrieves and collects various public security data (face, license sector, etc.) anytime and anywhere, and displays the processing results on the glasses in real time. Adapt to the characteristics of mobile, sudden and emergency in security work;
In terms of medical treatment, AR glasses are provided for the field of disability assistance, and real-time voice conversion text display is provided for hearing-impaired users, so that hearing-impaired users can see “voice” and realize “communication as usual”.
In order to better adapt ar to B scenarios for multiple sub sectors and lay a solid foundation for building a complete ar solution service system, Lingxi shimuang has reached strategic cooperation with Xiamen Meiya Pico Information Co.Ltd(300188) and carried out a series of cooperation in the field of emergency security and social service governance.
paves the way for consumer AR, and jointly Hangzhou Mdk Opto Electronic Corporation Limited(688079) injects nearly 100 million yuan to establish a joint venture
2022 will be the first year for AR optical waveguide technology to move towards a broader market. From the public information, it can be seen that the first-line large manufacturers represented by apple, meta and Qualcomm have accelerated their layout. Ar glasses will be a new form of the next generation computing platform after PC and mobile phone.
Last year, Lingxi shimmer took the lead in releasing the reference model Shanghai Aladdin Biochemical Technology Co.Ltd(688179) zero of lightweight ar glasses, promoting ar optical waveguide technology to the consumer market. Traditionally, the array optical waveguide has a natural disadvantage in mass production and yield, and the cost remains high, because it adopts optical cold processing technology in technology, that is, multi piece optical glass cutting, milling, coating, gluing, polishing and other processes.
But in essence, Lingxi LLL finds the balance point of precision through the self-developed precision real-time monitoring and compensation system. Special materials are added in the manufacturing process, which changes the processing properties, and solves the problem of high-precision processing of multiple coupling of optical waveguides. Through years of process accumulation and polishing, Lingxi shimmer has successfully achieved mass production of optical waveguide, and the yield can reach more than 85%, which is a milestone.
In order to further improve the large-scale production efficiency and yield of arrayed waveguide lenses, Lingxi LLL announced the establishment of Hangzhou Lingxi Hangzhou Mdk Opto Electronic Corporation Limited(688079) Display Technology Co., Ltd. with a joint venture of nearly 100 million yuan with Hangzhou Mdk Opto Electronic Corporation Limited(688079) to jointly cooperate in the optical cold processing of arrayed waveguides and combine the two to prepare for shipment in the consumer market. With the development of AR financing standards, the participation of AR Weiguang in the downstream industry will be accelerated, and this round of AR financing will be completed.
Zheng Yu, founder and CEO of Lingxi shimmer, said: “based on the powerful resources of consumer electronics manufacturers, Lingxi shimmer will take the lead in coupling with AR consumer products defined by major international manufacturers and jointly promote the popularization of AR glasses.”
next step: push the full mass production of volume holographic optical waveguide module
With the development of AR industry and the popularity of the concept of meta universe, the vision of consumer ar terminal guided by volume holographic waveguide grating technology has been frequently mentioned by large manufacturers. As a manufacturer focusing on R & D and mass production of AR optical waveguide, in addition to array optical waveguide technology, Lingxi low light has also been deeply cultivated in volume holographic waveguide grating and surface relief grating technology for many years.
Lingxi low light level has realized the independent research and development and production of volume holographic materials, mastered the configuration formula of polymer dispersed liquid crystal, and completed the synthesis of the first batch of materials; In the aspect of volume holographic grating waveguide preparation, the red blue monolithic waveguide and the red green monolithic waveguide were trial produced, and the single-chip two-color waveguide shooting and the single-chip three-color waveguide sample were completed; In terms of Optics and machinery, the overall design of single green volume holographic waveguide optics and machinery has been completed, the trial production of single green holographic waveguide module has been carried out, and the optical design of full-color small aperture optics and machinery (projection optics and machinery) has been completed.
With the completion of the tens of millions of Yuan pre-B round of financing invested by BOC Guangdong finance, Jinyu Bogor capital, remote assets and shenuo finance in the middle of last year, its R & D accumulation in volume holographic waveguide grating technology has also been announced to be completed.
At present, Lingxi shimmer has been built in the clean room of the workshop of 1000 square meters of Wuxi production line, and the first batch of volume holographic optical waveguide lenses will be mass produced in 2023. Next, Lingxi shimmer will increase R & D investment and explore the technical feasibility of large-scale production from a variety of technical routes.
Zheng Yu said: “the positioning of Lingxi shimmer is to promote partners to build ar glasses close to the shape of ordinary glasses by providing mature optical modules. Our final positioning is to C, and we are also working hard for this ultimate goal. We hope to cooperate with more manufacturers in China to jointly create this Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) .”
Lingxi shimmer was founded in 2014 to provide core display solutions for consumer ar. Focusing on AR underlying technology optical display, focusing on the optical engine of core components, it is one of the few owners of optical waveguide core technology in the world. Lingxi shimmer has provided core technology for many well-known brand manufacturers. Based on its optical display scheme, AR equipment manufacturers can develop ar glasses closer to the shape of ordinary glasses.
In December 2017, Lingxi shimuang received tens of millions of yuan of round a financing from Sequoia Capital China Fund; In May 2019, Lingxi shimmer received tens of millions of yuan of a + round financing led by Shunyu V fund, and set up a factory in Wuxi to realize the transformation of China’s optical waveguide from prototype to mass-produced consumer goods.
Yang Tianwei, vice president of CIC Meiya fund investment, said: “Based on the industrial foundation of SDIC Meiya fund, we are optimistic about the application of AR intelligent equipment in administrative law enforcement, emergency rescue and other scenes; Lingxi low light, as the head enterprise of AR optical waveguide, has broken through a number of production process problems in the field of optical waveguide. At present, Lingxi low light holds more than 120 patents covering materials, processes, production equipment and software, and we are also looking forward to it Industrial cooperation with Lingxi shimmer. “
Hangzhou Mdk Opto Electronic Corporation Limited(688079) chairman Ge Wenzhi said: “The development of AR optical waveguide technology has gone through three key stages: prototype R & D, process mass production and small batch production. As the leader of display module R & D in AR supply chain, Lingxi low light has considerable strength to promote this technology to the consumer market stage. Next, Hangzhou Mdk Opto Electronic Corporation Limited(688079) look forward to overcoming difficulties together with Lingxi low light by combining its own optical technology and industrial chain advantages to break the consumer market “The bottleneck of fee level ar waveguide has taken a key step.”
