Reality Report: Augmented and Mixed Reality

Reality Report: Augmented and Mixed Reality

HoloLens 2 in the spotlight at Hannover Messe, LetinAR introduces 8K AR Smart glasses and Google invests in more than just gesture recognition with new invisible computing venture. These topics and more on investment deals and latest AR/MR tech news in this month's Reality Report.

Investment Deals & Trends

Mojo Vision raises $58 million in Series B Funding to continue development of invisible computing. Comprised of former engineers from Apple, Amazon, and Google, Mojo Vision previously raised $50 million in a Series A round, bringing its total funding to date to $108 million. Untethered access to information is the future of AR and Google wants in. More on VR World Tech...

Nreal raises $16 million for lightweight Mixed Reality glasses. In order to make its 3-ounce smart glasses more powerful and immersive, Beijing-based developer Nreal recently acquired funding from a host of powerful VC funds in mainland China. Their new headsets which introduced foldable temples for easy transport, aim to bridge the gap between bulky MR headsets and familiar sunglasses, taking us one step closer to mass adoption. More on Wearable Technologies...

Alibaba acquires Israeli AR startup Infinity Augmented Reality for over $10 million. Alibaba invested $15 million into Israeli startup InfinityAR. The Israeli startup’s technology turns any device with two 2D cameras into a powerful content augmentation platform. More on TechCrunch...

Magic Leap adds new Multi-User and sharing features. Spatiate, an application launched recently through Magic Leap, aims to allow users to collaborate remotely via iPhone, iPad, and Android in the same virtual environment. In its basic function, the app acts like an AR painting tool. Due to its ability to connect online users in the same virtual environment, it can also act as a rudimentary AR telepresence tool. More on Next Reality...

5G Networks to run Smartphone-powered AR/VR Devices. Chip manufacturer Qualcomm plans to help promote smartphone-powered headsets that combine the computing power of its current Snapdragon 855 platform with the speed of 5G on a smartphone. The move will enable XR headsets to be tethered to a portable smartphone via USB-C connection driving high res displays powered by content streamed in the cloud. More on Virtual Reality Times...

 

New Tech, What’s Hot

Microsoft Hololens 2 showed at Hannover Messe 2019. Scheduled for release later this year and with pre-orders already available, Microsoft showed its highly anticipated HoloLens 2 device at Hannover Messe 2019. Following the announcement at MWC in February there is still debate around the devices increased FoV and comfort levels, however, it will undoubtedly lead the way for industry-focused AR headsets. Find out more on CNET...

New Microsoft patent includes radical design for a future HoloLens headset with an infinite field of view. A new patent recently surfaced which illustrates a new HoloLens headset, in line with Chief HoloLens Architect Alex Kipman, hint at a HoloLens 3 headset with infinite FoV. Read more on CNET...

Augmented Reality models for retailers. Multinational computer software company Adobe is working on creating virtual models for AR-enabled shopping. The idea is to show online shoppers the actual fit, look, and movement of clothing on the shoppers' virtual bodies by way of a 3D scan. More on Ice Brains...

Industry-focused M400 Smart Glasses powered by Qualcomm’s new dedicated AR/VR chipset. Primarily aimed at enterprise customers, a trend which we are seeing more of lately, the Vuzix M400 will be one of the first Qualcomm Snapdragon XR1 powered headsets available. More processing power means more potential and the M400 has a list of features to prove it, ranging from noise canceling to a built-in GPS. More on SPAR 3D...

8K AR Smart Glasses Prototype coming to AWE USA. Replacing the existing optical systems used by smart glass manufacturers such as Google, Microsoft, and Magic Leap with that of its ‘pin mirror’ optical technology, Korea-based startup LetinAR showed off a prototype of the new 8K AR smart glasses at Mobile World Congress. Visitors at Augmented World Expo (AWE) in May will have the opportunity to get hands-on with this intriguing new optical solution as LetinAR will be among the exhibitors. Could this be the next step over refraction-based smart glasses? More on Road to VR...

Valve announces VR headset Valve Index. Rumor has it since last November that Valve is developing their very first HMD when leaked images revealed prototype versions of a new device. About a month ago the American corporate has launched a teaser website promising more information on Valve Index in May. Now we finally know the official release date will be May 21st and that the entire kit will be $1,000. More on Windows Central...

New Oculus Rift S to replace predecessor this month. While supplies of the Rift headset are decreasing the wait for Rift S is finally over as Oculus announce the official release date to be May 21st. What we know already is that the transition to Rift S brings improvements to the lenses and LCD screen. However, VR fans scrutinize whether the changes are radical enough and turn their attention to Oculus Quest instead. The standalone VR solution uses the same touch controllers as Rift S but has no limitations on where users can play. It will be launched the same day as Rift S, so we will soon know more about how both compare. More on Road to VR...