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Nanoveu (ASX:NVU) files patent for EyeFyx screen tech

Technology
ASX:NVU      MCAP $7.577M
18 November 2020 06:00 (AEST)
Nanoveu (ASX:NVU) - Executive Director, Michael van Uffelen

Source: OnMarket

Nanoveu (NVU) has successfully lodged a Singapore patent for its EyeFyx tech which helps farsighted people see computer screens clearly.

Novel tech

The EyeFyx tech works through combined software and screen-mounted hardware.

A physical cover is applied to a 14-inch laptop screen which works in concert with the software to adjust the output for different prescriptions.

The system is capable of transforming the screen in real-time up to a refresh-rate of around 60 frames per second with only minor loss of screen resolution.

The patent application covers both system components to protect the intellectual property associated with real-time image generation and one lens fits all display screens.

The application also covers the compact Gabor super lens optics for screen depth reduction.

The Nanoveu team carried out a review of similar existing international patents and found 10 others, though none of those filings were deemed to be of a similar nature to EyeFyx.

The patent prototype is a significant advance on previous incarnations of the EyeFyx tech, with refinements both in scale and technological capability.

How it works

The tech was developed in collaboration between Nanoveu’s research and development team and the Nanyang Technological University (NTU) in Singapore.

The screen is made of a thin polyethylene terephthalate (PET) plastic film which acts like a large lens.

The company uses a nanoimprinting lithography technique on the film to create a number of precision structures capable of shaping light.

Together with the software, the lens works to precisely manipulate light from the screen to “fix” the image for farsighted people, so they can see the screen without needing glasses.

The software operates to adjust the screen output to accommodate farsighted people across the spectrum of severity.

Nanoveu Executive Chairman and CEO Alfred Chong says EyeFyx could change the landscape of the digital display industry.

“The completion of a large-scale prototype capable of transforming the display in real-time is a fantastic result for Nanoveu and is truly an example of our world-leading technology,” Alfred said.

“The product is revolutionary and has major potential to disrupt the digital display industry, creating a new market of products specifically for people suffering farsightedness,” he added.

Next steps

Nanoveu will be keenly awaiting the outcome of the patent application.

In the meantime, the company will work on continued refinement of the EyeFyx system.

This work will include migrating the software into a system level as well as refining the multi-lens array into a stacked lens array to streamline the tech.

Production is targeted for the second half of 2021, and the company is planning to talk to potential industry partners to build the system into display monitors.

“The company will focus on initial discussions with digital display makers about the possibility of a monitor with in-built EyeFyx technology,” Alfred Chong said.

“Nanoveu has taken the prudent step of filing patents to protect its technology and is determined to continue developing the product towards commercialisation,” he concluded.

The NTU research team will be delivering a public demonstration of the EyeFyx prototype at the upcoming Photronics @ SG online conference on November 20.

Nanoveu closed Tuesday’s session 48.89 per cent higher at 6.7 cents.

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