NexOptic Completes Third Engineering Phase of Mobile Device Telephoto Lens Prototype, Orders Parts for Construction - Seite 2

All design specification numbers are approximate, and subject to change.

NexOptic believes its lens stack design for mobile devices substantially increases the potential aperture compared to leading smartphone-imaging systems currently in the market. For comparison, the Company's design is expected to have 3.5 times more light-gathering area than a leading smartphone long-range lens with a 2.5mm aperture. Increasing the aperture within the depth constraints of a smartphone (approximately 6 to 7 millimeters) creates the potential to capture higher quality images at long ranges with these iconic consumer devices. Additionally, the lens system can have a much better diffraction limit than a smaller aperture system, providing the potential for greatly improved angular resolution.

During the next and final phase, both a desktop prototype and a smartphone prototype will be tested. The desktop prototype is intended to demonstrate the optical capability of the lens system and test different sensor configurations. Upon successful construction and testing of the desktop prototype, the prototype for smartphones will be built. The prototype for smartphones is intended to demonstrate the same optical design in a form factor potentially suitable for smartphones. The company also plans to complete the optomechanical design for the smartphone prototype during the fourth phase.

Applications and Intellectual Property Strategy

The mobile lens stack design intended for the smartphone prototype differs from NexOptic's recently granted patent from the United States Patent and Trademark Office (refer to Company press release dated June 29, 2017) which was foundational in the proof of concept telescope prototype released in 2017. The new design enables a wider field of view while being scalable from small to large configurations, demonstrating the potential for use in diverse optical applications. The Company is currently analyzing its applicability in its first intended consumer product for the sport optics and outdoor recreation markets, which is currently in the engineering and development stage (see Company press release from November 20, 2017 for further details).