NEWPORT BEACH, Calif., April 20, 2022 /PRNewswire/
CEYEBER Corporation (“CEYEBER”) today announced its strategic alliance and investment in Blink Energy Ltd. (“Blink”), located in Haifa, Israel, to co-develop the future of enhanced vision. Blink provides energy and communication flexibility to smart devices, taking them to a new level of autonomy, wearable experience, and ease of use.
In consideration of CEYEBER’s investment in Blink, CEYEBER shall receive preferred equity in Blink and the parties shall work towards a license agreement providing CEYEBER an exclusive license to use Blink’s power technology in connection with its intraocular lens applications. The parties’ intention is to ultimately enter into a definitive agreement allowing for the development of a power and communication platform that will support CEYEBER’s smart intraocular lens.
Robert E. Grant, CEYEBER’s Chief Executive Officer and Founder, said, “Our partnership with Blink Energy is an extremely important part of our broader vision to develop ground-breaking, medical grade ocular-smart implantables”.
Yariv Bar-On, Blink’s Chief Executive Officer and Co-Founder, said, “We are extremely excited to partner with CEYEBER team on a novel project such as this and looking forward to making a difference in the future of intraocular lens applications”.