The technology could allow wearers to read floating texts and emails
or augment their sight with computer-generated images, Terminator-syle.
Seattle's Washington University which is working on the device says early tests show it is safe and feasible.
But there are still wrinkles to iron out, like finding a good power source.
Currently, their crude prototype device can only work if it is within centimetres of the wireless battery.
And its microcircuitry is only enough for one light-emitting diode, reports the Journal of Micromechanics and Microengineering.
But now that initial safety tests in rabbits
have gone well, with no obvious adverse effects, the researchers have
renewed faith about the device's possibilities.
They envisage hundreds more pixels could be embedded in the flexible lens to produce complex holographic images.
For example, drivers could wear them to see journey directions or their vehicle's speed projected onto the windscreen.
Similarly, the lenses could take the virtual world of video gaming to a new level.
They could also provide up-to-date medical information like blood sugar levels by linking to biosensors in the wearer's body.