WIMI Announces Obtaining Patent for Holographic AR Head Mounted Display

WiMi Holographic Software Co., Ltd. (NASDAQ: WiMi) (hereinafter referred to as “WiMi Holographic” or the “Company”), a leading provider of holographic AR application technology, has obtained an Patent for a head-mounted Display for a holographic AR system. This patent is the result of the company’s independent research and development, which is conducive to the company to further improve the intellectual property protection system, maintain the leading position in technology, and enhance the company’s core competitiveness.

A head-mounted Display for a holographic AR system proposed in this patent realizes the immersion required for holographic applications, and can send head motion data and external image information to a host computer. It includes a holographic data acquisition and transmission module and a microdisplay module. The holographic data acquisition and transmission module includes an image sensor, a gyroscope, an accelerometer, a Bluetooth module and a processor. The holographic image information is collected, and the collected holographic data is transmitted to the microdisplay module for further data processing. The micro-display module includes a micro-control module, which is used as the holographic AR data output of the system.

This patent uses a holographic exit pupil expander to effectively two-dimensionally expand the holographic exit pupil, which improves the system performance and realizes portability while meeting the visual requirements of the human eye. This patent measures the physical law of holographic exit pupil expansion through retinal scanning display (RSD) and holographic exit pupil expansion algorithm technology of semi-permeable membrane array slab waveguide, and obtains an effective dynamic algorithm for expanding holographic exit pupil. From the perspective of optical system design, the physical mechanism of limiting the holographic exit pupil is calculated. The diffraction grating holographic exit pupil expander and the microlens array holographic exit pupil expander are processed by the diffraction integral transformation processing method to provide data support for the movement of the holographic exit pupil expander. Through the use of optical simulation method algorithm modeling, dynamic calculation of the holographic exit pupil expansion trajectory of the hexagonal arrangement of single lens array and double lens array, combined with double lens array to realize the accurate algorithm of color display RSD holographic exit pupil expansion, and finally realize the immersion High-definition holographic AR data imaging.

This patent uses the head-mounted display optical system to digitize the output of the holographic AR image source generated by the computer and holographically image the holographic image in the user’s field of vision, so as to realize the simulation technology of reproducing the specific environment. The patented immersive head-mounted AR display technology has the advantages of large field of view, low power consumption, wearable, modular, stereoscopic display, and high degree of customization. , holographic communication, 3D printing, assisted driving, etc. are widely used.

The company was established in 2015. WIMI focuses on holographic cloud services, mainly in automotive AR holographic HUD, 3D holographic pulsed LiDAR, head-mounted light field holographic equipment, holographic semiconductors, holographic cloud software, holographic car navigation and other professional fields, covering from holographic vehicle AR technology, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other aspects of holographic AR technology, is a holographic cloud integrated technology solution provider .

The data shows that the company’s revenue in 2020 increased significantly by 140.0% year-on-year to RMB 766 million (US$ 117.4 million). The company’s full-year revenue in 2020 increased by RMB 446.8 million from RMB 319.2 million in 2019.

The company’s 2020 non-GAAP net profit, defined as net profit before the expense of additional share offerings, was RMB 40.3 million ($6.2 million).

The company’s research and development expenses in 2020 increased significantly by 362.8% year-on-year to RMB85 million (US$13 million). The substantial increase in R&D expenses was mainly due to the increase in salaries as the company hired more IT engineers to engage in the research and development of advanced AR holography and related projects. In addition, the company also focuses on the application research and development of holographic AR technology in semiconductor, cloud computing, artificial intelligence, big data 5G and other fields through outsourcing technology development. The purpose of the company’s substantial increase in R&D investment is to rapidly improve its holographic AR technology capabilities, so as to maintain the company’s leading competitive advantage in the AR holography industry.

Since its establishment in 2015, WIMI has been providing AR-based holographic services and products to meet customers’ needs, focusing on providing customers and end users with innovative and immersive interactive holographic AR experiences. Since July 2020, the company has started to develop its semiconductor business and provide enterprise customers with comprehensive solutions of computer chip products and central processing algorithms and related services, as well as software and semiconductor businesses. In 2020, the Company’s holographic AR business and semiconductor business generated approximately 44% and approximately 56.0% of revenue, respectively.

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