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MICROOLED Raises $23M: Week in Brief: 07/14/23

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GRENOBLE, France, July 14, 2023 — MICROOLED, a manufacturer of high-resolution, low power consumption OLED microdisplays, raised €21 million ($23.6 million) in a fundraising round. MICROOLED is targeting microdisplay applications in augmented and virtual reality and other near-eye display applications. BOSTON — Metalenz and 3D-sensing system supplier Dilusense partnered to bring the performance and small form factor of Metalenz meta-optics to the next generation of smartlocks and payment kiosks to enable ultrasecure facial recognition. The smartlocks are designed for high-end residential and commercial...Read full article

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    Published: July 2023
    Glossary
    metalens
    A metalens, short for "metasurface lens," is a type of optical lens that uses nanostructured materials to manipulate light at a subwavelength scale. Unlike traditional lenses made of glass or other transparent materials, metalenses do not rely on the curvature of their surface to refract or focus light. Instead, they use carefully engineered patterns of nanostructures, such as nanoscale antennas or dielectric structures, to control the phase and amplitude of light across the lens's surface....
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
    BusinessfundraisingDisplaysOLEDmicrodisplaysARVRMRfinancingfundingMetalenzDilusensepartnershipdeal3DImagingOpticsmetalensmetasurfacefacial recognitionsemiconductorsmanufacturingFacilityacquireacquisitionsRohmproductionsilicon carbideSiCAmericasEuropeAsia-PacificLasersquantumfiber optics and communicationsnavigationAustraliaDepartment of DefenceLiFisatelliteNorthumbria Universitystandards

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