EssilorLuxottica and Applied Materials Partner on AR Optics Platforms for Next-Gen Smart Glasses

Published on June 17, 2026
PARIS and SANTA CLARA, Calif.—EssilorLuxottica (ESLX.PA) and Applied Materials, Inc. (NASDAQ: AMAT) have announced a long-term joint development agreement in which they aim to accelerate the commercialization of next-generation intelligent optical systems for augmented reality (AR) and artificial intelligence (AI)-powered smart eyewear, the companies said. Based in California, Applied Materials is a materials engineering solutions company that provides equipment, services, and software used to manufacture semiconductor chips, advanced displays and related technology that power electronics worldwide. With this partnership, the companies are joining forces to develop high-performance optical systems that they said are “critical to scalable AR experiences.”
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