Metamaterial Inc. announced it has acquired specialized lens casting production equipment and intellectual property, including more than 70 patents, from Interglass Technology AG (Switzerland) for USD 800,000. META will invest and expand its capabilities in design, development, and manufacturing of metaFUSIONTM products for smart eyewear. This highly integrated solution combines embedded metamaterial and functional film elements with precision cast corrective lenses, which are required by over 50% of potential users in the market. Combining the technology, equipment, and IP from Interglass with META's metamaterial design and nanofabrication platform is expected to provide more elegant, powerful, and fully integrated solutions across a range of HMD applications. META is acquiring from Interglass Technology AG (in liquidation) lens casting equipment and related workstations and software, tools, and test equipment, along with intellectual property including patents, trademarks, know-how, technical data, proprietary software, designs, and trade secrets. Interglass has more than 70 international patents in the field of casting processes for high-quality plastic lenses or other optical components based on UV curing acrylics. Moreover, the Interglass process is highly sustainable, which will help to support META's sustainability initiatives. metaFUSIONTM lenses are directly cast into the final correction using a library of more than 2,000 prescription molds. This requires significantly less material, energy and water compared to conventional production, which involves milling and grinding an oversized lens blank. The metaFUSIONTM production process requires a fraction of the energy. Typically, a corrective lens is cured in about 50 hours at >100° C - the metaFUSIONTM technology just needs 10 seconds. Since metaFUSIONTM lenses are poured and do not need grinding, no water is required in the production process. The metaFUSIONTM coating process, based on plasma enhanced chemical vapor deposition (PECVD), is environmentally friendly and achieves superior scratch and abrasion resistance without using wet chemistry. metaFUSIONTM allows functional metamaterial films to be directly encapsulated within a prescription lens, supporting applications in Augmented and Virtual Reality (AR/VR) as well as a range of features including integrated see-through dimming to manage battery life, eye tracking to optimize resolution, latency and 5G data bandwidth, focusing and eye glow management. These films not only perform optical origami but combine to form a solid-state lens able to withstand the shock and environmental conditions for everyday work or consumer use.