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SAN JOSE, Calif., Dec. 14, 2020 (GLOBE NEWSWIRE) EyeWay Vision Ltd., an Israeli company developing a wearable augmented reality (AR) platform, today announced the formation of subsidiary company EyeWay Vision Inc. ( EVI ) in Silicon Valley, with Google exec and renowned AR/VR expert Dr. Nikhil Balram as CEO. Located in San Jose, EVI will focus on bringing to market products based on advanced immersive AR technology developed by EyeWay over the past six years. The market for virtual and augmented reality is forecast to reach more than $67 billion globally by 2024, according to AR/VR analyst firm Digi-Capital.
EyeWay has spent the last six years developing deep AR technology, and Dr. Balram has the strong product vision and business experience to bring to market products based on our strong technology, said Rani Cohen, co-founder and CEO of EyeWay Vision Ltd. EyeWay s truly immersive AR experience is based on its unique approach of eye tracking, direct retinal ....

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