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.
Realwear has established a new partnership in the form of a pilot program with the State Grid Corporation of China, the world’s largest utilities workforce. The pilot involves the deployment of 200 Realwear HMT-1 headsets to maintenance teams in Shanghai performing hazardous “live-line” maintenance tasks, where the risk of arcing and electrocution is significantly high. Leadership from both companies emphasized … Read More
2018 has already marked an important year for AR head-worn displays, most notably with the Magic Leap One release. This week Apple acquired Akonia Technologies, which represents a clear step towards an eventual consumer product. AR-enabled smartglasses are increasingly being marketed to consumers, a departure from recent years of focus on the enterprise users, but are consumers ready for the future of … 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.
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