Dispelix designs and manufactures transparent optical displays, or waveguide display components, for augmented reality (AR) devices such as helmets, visors, glasses, and HUD displays.
Dispelix specializes in designing and manufacturing waveguide display components for international technology companies. The components are developed in customer projects aimed at incorporating the company’s display technology into final AR products, including AR glasses, visors, helmets, and HUD displays. The company’s expertise covers the entire development process, from conceptualization to ramping up mass production with contract manufacturers.
In the professional segment, Dispelix aims to establish a profitable and growing business foundation. The primary focus is on the aviation and defense sectors, where AR displays are already used in various helmet-mounted displays and, for example, in aircraft HUDs. Professionals in these industries utilize augmented reality for training, manufacturing, remote maintenance, and improving situational awareness. Augmented reality enhances decision-making and safety, even in extremely fast-paced situations, by providing critical situational data that is constantly visible. Markets in NATO countries and NATO allied nations have already opened up to Dispelix.
The consumer segment, on the other hand, presents a significant growth potential for Dispelix. While customer names are generally not public, this segment potentially includes pioneering technology companies driving the development of the AR industry, such as American companies like Amazon, Apple, Google, and Meta, as well as South Korea’s Samsung and China’s Huawei. AR devices are envisioned to ease consumers’ daily lives in many ways: they can provide important information directly in the user’s field of view and may, for example, support multilingual interactions or assist in navigation without hindering the awareness of the surrounding environment.
The company’s significant investors include Lifeline Ventures, Voima Ventures, Suomen Teollisuussijoitus (Tesi), 3M Ventures, and Atlantic Bridge.
Investment in 2024.