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The XR Week Peek (2020.06.13): Magic Leap exploring a sale, events are going virtual and more!

The Ghost Howls

Image by Magic Leap). Magic Leap is on sale. A report on Bloomberg informed us all that Magic Leap is exploring a sale of the company. The sales never skyrocketed and now Magic Leap is in desperate need of cash , after many layoffs, disappointing sales, and having put its IP as collaterals to a bank.

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My Taiwanese XR Chronicles part 1: Cave, zSpace, Brogent hands-on

The Ghost Howls

Two weeks ago, I had a fantastic trip to Taiwan together with my Chinese assistant Miss S. Are you ready for immersing into Taiwan? We all participants of the VR Visionaries tour in Taiwan (Image by Digiblock). When I tell people that I have been in Taiwan, the first questions that I get are “How is Taiwan?”

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Meta Hints It Might Demo A 'Prohibitively Expensive' AR Glasses Prototype In 2024

Upload VR

That means glasses using it will have to be assembled inside the US, significantly raising the production cost, despite most of the manufacturing and components coming from China and Taiwan. LCoS isn't a new technology, it has been used in movie projectors since the 90s as well as in AR products like HoloLens 1 and Magic Leap 2.

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10 Recent VR and AR Investments You Should Know About

VRScout

The biggest gorillas in the room are the covert augmented reality company Magic Leap, which raised almost $800M in February (bringing its total funding to $1.4B), and the VR live-streaming company NextVR, which raised $80M in August (which brings its total funding to over $115M).

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Sundance New Frontier Announces 2019 Line-Up

VRScout

Mechanical Souls / France, Taiwan (Lead Artists: Gaëlle Mourre, L.P. In this interactive augmented reality narrative the characters are just hollow meshes, but maybe so are you. Cast: Aiden Torres, Jovanna Vidal, Phoebe VanDusen. Lee, Key Collaborators: Francois Klein.

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AR Optics Company Lumus Secures Further $30M in Funding

Road to VR

Leung, vice chairman and president of Taiwan-based Quanta. million Series C investment in Magic Leap earlier this year , the new financing is a tremendous boost to Lumus. “AR/VR is well aligned with our growth strategy and we’re pleased to invest in the Lumus optics solution for augmented reality”, says C.C.

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Holographic Waveguides: What You Need To Know To Understand The Smartglasses Market

UploadVR Between Realities podcast

Magic Leap. For a secretive company, we can learn a lot about Magic Leap from their patent filings and acquisitions, namely that they launched without a clear path to executing their vision. In April of last year Abovitz landed himself on the cover of Wired magazine with what was dubbed the Magic Leap “photonic chip.”