Got a minor in optical engineering minor back in the day. I think it is theoretically possible to create a waveform with those LED's that would converge to an image at a distance. It's a similar problem to the recent deep field cameras on the market today that look at the waveform across the thousands of lenslets and reconstruct the image at multiple virtual focal planes.
That said, those calculations are wicked complicated and take computational power, so hopefully some genius PhD comes up with an algorithm to generate those wavelet images in O(n).
That said, those calculations are wicked complicated and take computational power, so hopefully some genius PhD comes up with an algorithm to generate those wavelet images in O(n).