Following the announcement of its new Spectacles AR development kit, Snap Inc. has announced its deal to acquire waveguide supplier WaveOptics. The deal is worth over $500 million, at least half of which is to be paid in stock. The partnership between the two companies signals a recommitment from Snap to develop and produce true AR smartglasses within the next … Read More
On June 11th, Continental AG and Leia Inc., announced their intent to partner on a 3D light field display for usage in automotive HUDs. The product is planned for mass production in 2022. Such technology will allow drivers and passengers to see information in 3D from an in-vehicle display, without glasses or head tracking. Lightfield displays may become a useful … Read More
Last week, DigiLens raised $50 million in a Series C funding from a host of prominent investors, including UDC Ventures, Samsung Ventures, Niantic, Continental AG, Sony Innovation Fund, and Diamond Edge Ventures. The oversubscribed investment will go toward further development of DigiLen’s holographic waveguide displays, which are used in the aerospace, enterprise, military, and automotive industries.
CES 2019: Optics for xR Displays Review This show report contains the top stories in photonics, waveguides, and optical technology for augmented reality displays from CES 2019, and updates from the team and what caught our eye. Release Date: January 29, 2019 Subscribers Only This product is included in: Augmented Reality Intelligence Service This report provides subscribers the latest on … Read More
The following is part of our Enterprise xR Intelligence Service, which includes forecasts, data, and key insights about the use of virtual and augmented reality in the select industrial and enterprise sectors. Navdy has sent an email out to customers stating that it’s no longer conducting business and is liquidating its assets.