Meta’s throwing extra money into the metaverse with its acquisition of Luxexcel, a Netherlands-based firm that focuses on 3D-printing prescription lenses for good glasses. The information was first reported by Dutch outlet De Tijd (via TechCrunch), however Meta has since confirmed to The Verge that it bought the corporate.

“We’re excited that the Luxexcel team has joined Meta, deepening the existing partnership between the two companies,” Meta says in a press release supplied by Ryan Moore, the corporate’s head of monetary communications. While the phrases of the deal are unknown, Meta CTO and Reality Labs head, Andrew Bosworth, revealed in a blog post earlier this month that the corporate’s pouring “about half” of the metaverse-focused division’s working bills into augmented actuality (AR), whereas the opposite half’s going to constructing digital actuality merchandise (VR) because it continues to bleed billions.

Luxexcel, which was based in 2009, says it may combine the weather wanted to create an augmented actuality expertise inside a prescription lens, comparable to holographic movie and projectors. In 2021, it partnered with WaveOptics, the corporate that gives the shows for Snap’s Spectacles, to create a lens outfitted with waveguides, or the clear show expertise wanted to superimpose digital objects on a consumer’s real-life setting.

Even as Meta works towards constructing its first pair of AR glasses, we could not see a completed product for a while. Bosworth says Meta’s AR glasses will “require years of progress” because it makes an attempt to make the system “slimmer, lighter, faster, and more powerful.” In June, The Verge’s Alex Heath reported that the primary model of Meta’s AR glasses will solely be out there to builders — identical to Snap’s Spectacles — whereas two later pairs may change into out there to shoppers over the course of a number of years.

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