Nodar, a provider of multi-camera 3D vision technology, has secured a $1.67 million SBIR Phase II contract with the United States Army to develop 3D vision systems.
Microsoft is entering the race to build a metaverse inside Teams, just days after Facebook rebranded to Meta, writes Tom Warren. Here is the link: https://www.theverge.com/2021/11/2/22758974/microsoft-teams-metaverse-mesh-3d-avatars-meetings-features
Creative agency WPP and Snap, the camera company behind Snapchat, have inked a global partnership to build and deliver immersive experiences.
Activ Surgical has raised $45 million in a Series B financing round.
Former Magic Leap CEO Rony Abovitz has started a new company called Sun and Thunder to focus on AI characters and interactive storytelling, writes Dean Takahashi. Here is the link: https://venturebeat.com/2021/01/27/magic-leap-founder-rony-abovitz-creates-startup-sun-and-thunder/
Tel Aviv-based TechSee, an intelligent visual assistance company founded in 2015, has raised $30 million in a Series C equity investment round.
Augmented reality may have struggled to live up to its initial hype, but it’s quietly working its way into our lives—no fancy headset required; writes Rob Pegoraro. Here is the link: https://www.fastcompany.com/90567886/ar-is-finally-infiltrating-everyday-tasks-such-as-google-search
Blue Hat, a producer, developer and operator of augmented reality interactive content in China, says the company has signed agreements with six kindergartens in Xiamen.
The device was developed by Command Sight, as a project for the Army Research Laboratory, writes Mariella Moon. Here is the link: https://www.engadget.com/ar-goggles-for-military-dogs-114535787.html
IBM Services and CBRE are expanding their relationship to provide technology support services for CBRE's clients at select data center facilities it manages, say the companies.
Magic Leap has appointed Peggy Johnson, former executive vice president of Business Development at Microsoft, as the company's new chief executive.
Google has acquired North; a company founded in 2012 as Thalmic Labs.
Canadian augmented worker enterprise solutions company Librestream has raised a $24M Series D capital round.
Gogo and Japan Transocean Air, a Japan Airlines (JAL) group company, have inked a partnership that brings Augmented Reality (AR) to all of JTA's flights.
Snap CEO Evan Spiegel on Friday said he expects it will be 10 years before consumers widely adopt augmented-reality smart glasses, writes Salvador Rodriguez. Here is the link: https://www.cnbc.com/2019/10/04/snap-ceo-evan-spiegel-smart-glasses-10-years-from-mass-adoption.html