Immersive technology company Matterport, announced a Series D funding total of $48M on March 5th. Investment firms DCM Ventures, Qualcomm Ventures, and Lux Capital led this funding round, which will enable the expansion of Matterport’s database of 3D scenes and models, and improve the accuracy of its 3D capture technology, by refining its AI engine that converts 2D images into … Read More
The following is part of our Augmented Reality Intelligence Service, which includes data, analysis, and insights about augmented reality and related technologies. Korean Telco SK Telecom has signed a partnership agreement to become the exclusive telecommunications partner of Magic Leap in Korea. The agreement includes provisions that allow the companies to deliver the Magic Leap’s spatial computing platform to SK Telecom customers.
The following is part of our Augmented Reality Intelligence Service, which includes data, analysis, and insights about augmented reality and related technologies. At a press event in Barcelona, during Mobile World Congress 2019, Microsoft executives and partners representing Trimble, PTC, Epic Games, and other virtual and augmented reality (“xR”) stakeholders, unveiled the successor to Microsoft’s breakthrough augmented reality HMD, simply called Hololens … Read More
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
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. After internal struggles put its latest round of emergency funding in jeopardy, AR startup Blippar has gone into administration. An external firm will handle the selling off of the company’s … Read More
The training and simulation industry is currently undergoing a significant period of disruption by way of immersive technologies, as stakeholders continue to identify use cases for consumer-grade hardware in the development of fully integrated Live, Virtual, and Constructive (LVC) training and simulation. I/ITSEC 2018 saw a variety of compelling technology exhibitions and specialized sessions which served both to reinforce the … Read More
The annual Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) showcases simulation, education, modeling and training technology for the exchange of information among industry, the military, and the educational communities. I/ITSEC is back from November 30 – December 9, 2018 showcasing over 500 exhibitors presenting leading-edge technology and innovative concepts to more than over 1,800 attendees from over 50 countries. This … Read More