Augmented reality

Vuzix to Delay Filing of Its 10-K Annual Report and Postpone Related Investor Conference Call

Retrieved on: 
Wednesday, March 27, 2024
Augmented reality, Form 10-K, Smartglasses, Exchange, Annual report, Vuzix

ROCHESTER, N.Y., March 27, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that due to the expanded nature of the audit for 2023 regarding certain transactions and time required to complete it, the Company plans to file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission that allows for a 15-day grace period for the filing of its Form 10-K.

Key Points: 
  • ROCHESTER, N.Y., March 27, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that due to the expanded nature of the audit for 2023 regarding certain transactions and time required to complete it, the Company plans to file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission that allows for a 15-day grace period for the filing of its Form 10-K.
  • The Company believes that all required audit procedures will be completed in time so that it may file its Form 10-K within the 15-day grace period.
  • In light of the ongoing audit procedures and the filing status of the 10-K, the Company will not host an earnings call in connection with these results, and the event previously scheduled for March 28, 2024 at 4:30 PM ET has been cancelled.
  • Management will continue to make timely disclosures of any material information regarding the filing of its Annual Report on Form 10-K and will announce a new earnings call date and time within the 15 day grace period.

Red 6 And AERALIS to Enable Sixth Generation Ready Pilot Training Through the Integration of Airborne Augmented Reality with Innovative Modular Aircraft Systems

Retrieved on: 
Tuesday, March 26, 2024
ATARS, Military personnel, Augmented reality, Life, Pyramid, UK MOD, Aviation

The companies announced the collaboration to jointly define the future of pilot training at the world's premier Military Flight Training conference in London this week.

Key Points: 
  • The companies announced the collaboration to jointly define the future of pilot training at the world's premier Military Flight Training conference in London this week.
  • "Red 6 is excited about the prospect of collaborating with AERALIS to enhance our collective influence on the future of UK MOD aviation," said Daniel Robinson, Founder and CEO of Red 6.
  • AERALIS, in collaboration with the UK MOD's Pyramid team, employs an innovative open software architecture that can swiftly integrate Red 6's ATARS (Airborne Tactical Augmented Reality System) and future updates directly into the AERALIS system, bypassing costly redesigns and certifications.
  • Working with Red 6 gives us the opportunity to provide a fully integrated augmented reality solution with seamless capability upgrades through life using the cutting-edge AERALIS integrated digital environment.

Global Magazine Publishing Market Report 2024-2032, Featuring Profiles of Cairo Communication, CJK Group, Dazed Media, Forbes Media, Gakken, Guardian News & Media, Hearst Communications and Kadokawa

Retrieved on: 
Tuesday, March 26, 2024
Online, Virtual reality, Tablet, Augmented reality, Publishing, Print, VR, Digital

DUBLIN, March 26, 2024 /PRNewswire/ -- The "Magazine Publishing Market Report by Type (Print, Digital), Application (Offline, Online), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 26, 2024 /PRNewswire/ -- The "Magazine Publishing Market Report by Type (Print, Digital), Application (Offline, Online), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • The global magazine publishing market size reached US$ 101.8 Billion in 2023 and is forecast to reach US$ 120.1 Billion by 2032, exhibiting a growth rate (CAGR) of 1.9% during 2023-2032.
  • As a result of their enhanced convenience, flexibility, and user interactivity, digital magazines are witnessing a significant increase in demand around the world.
  • The report provides an analysis of the key trends in each segment of the global magazine publishing market, along with forecasts at the global, regional, and country levels from 2024-2032.

United Arab Emirates Social Commerce Intelligence Report 2024-2029 Featuring Facebook, Instagram, The Luxury Closet, Zbooni, SellAnyCar.com, and Floranow

Retrieved on: 
Monday, March 25, 2024
Friends, Snap Inc., Growth, Greenhouse, Partnership, Social commerce, Social media, Clothing, Operational definition, Chalhoub Group, SleekFlow, Augmented reality, Emirati, Online shopping

Social commerce industry in United Arab Emirates is expected to grow by 22.7% on annual basis to reach US$1.22 billion in 2024.

Key Points: 
  • Social commerce industry in United Arab Emirates is expected to grow by 22.7% on annual basis to reach US$1.22 billion in 2024.
  • The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 18.5% during 2024-2029.
  • This trend is projected to continue further in 2024, resulting in a high-growth period for the social commerce market.
  • The growth achieved by SleekFlow in the United Arab Emirates market is a testament to the growing market.

WiMi Developed a Lightweight Software Architecture for Payment Systems on a Blockchain Multiplexing Platform

Retrieved on: 
Monday, March 25, 2024
Cloud, Holography, WIMI, Cryptocurrency, Augmented reality, Risk, Hub

BEIJING, March 25, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a lightweight software architecture for payment systems on a blockchain multiplexing platform.

Key Points: 
  • BEIJING, March 25, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a lightweight software architecture for payment systems on a blockchain multiplexing platform.
  • To ensure that payments are fast, efficient and secure, MultiChainPay Hub's lightweight software architecture includes five key steps.
  • MultiChainPay Hub solves the problem of cross-cryptocurrency payments during transactions through its unique lightweight software architecture and multiplexing.
  • Lightweight software architecture: MultiChainPay Hub utilizes a lightweight software architecture that makes it easy to integrate into a variety of e-commerce systems.

WiMi Developed a Lightweight Multi-sectoral Data Sharing System Based on Consortium Blockchains

Retrieved on: 
Thursday, March 21, 2024
Cloud, Augmented reality, Big data, Holography, Privacy, WIMI, Mining, Data analysis, Cryptocurrency

This system can connect data between different departments by creating a network of consortium blockchains and ensuring data security and privacy.

Key Points: 
  • This system can connect data between different departments by creating a network of consortium blockchains and ensuring data security and privacy.
  • WiMi's lightweight multi-sectoral data sharing based on consortium blockchains is an efficient, secure and reliable way to share data.
  • Lightweight multi-sectoral data sharing based on consortium blockchains rationally designed data access and integration, data query and sharing, data analysis and mining will help to realize the value of data.
  • In the lightweight multi-sectoral data-sharing system based on consortium blockchains, data query and sharing are very important.

SETIGO: A New Way of SETI and Gamification of Public Science, AI Avatar Supported by Openverse

Retrieved on: 
Thursday, March 21, 2024
ETA, Augmented reality, DEA, Astronomy, Non-fungible token, Science, Movement, Heart, Networking hardware

At the heart of SETIGO lies a visionary approach to public science, where individuals from diverse backgrounds are invited to join the exploration of the cosmos through immersive 3D digital platforms.

Key Points: 
  • At the heart of SETIGO lies a visionary approach to public science, where individuals from diverse backgrounds are invited to join the exploration of the cosmos through immersive 3D digital platforms.
  • Powered by next-generation gamification and social networking, SETIGO's innovative model fosters active participation in the search for extraterrestrial civilizations, transcending barriers and inspiring a new generation of public scientists.
  • The SETIGO project has garnered support from a wide range of scientists and experts in the fields of astronomy and SETI, as well as from prominent telescope projects globally.
  • Avatars (ETA) and fueled by wearable NFTs, Drake Equation Artifacts (DEA), offers a dynamic space for collective exploration and discovery.

WiMi Announced a Bitcoin TrustBlock Validator Ensuring Secure and Reliable Transactions

Retrieved on: 
Wednesday, March 20, 2024
Cloud, Holography, WIMI, Environment, Trust, Augmented reality, Research, Decentralized finance, Semantics, Cryptocurrency

By drawing on the theories and methods from symbol semantics, execution models, model checkers, and other related fields, WiMi develooped the technical framework of the Bitcoin TrustBlock validator.

Key Points: 
  • By drawing on the theories and methods from symbol semantics, execution models, model checkers, and other related fields, WiMi develooped the technical framework of the Bitcoin TrustBlock validator.
  • The TrustBlock validator is a Bitcoin-based automated validation technology designed to review and validate scripting programs used by Bitcoin exchanges for security and correctness.
  • The TrustBlock validator employs symbolic semantics and execution models to understand and interpret scripted programs in Bitcoin transactions.
  • In addition, the TrustBlock Validator includes a model checker for comprehensive formal validation of Bitcoin transactions.

Global Digital Classroom Markets Report 2023-2032: Smart Classes Gain Momentum with Increased Integration of VR, AR, AI, ML, Data Analytics, and Cloud Computing

Retrieved on: 
Wednesday, March 20, 2024
Growth, VR, Learning, Environment, Digital, Augmented reality, Internet of things, Library, COVID-19, Education, K-12, School, Tablet, Internet, Artificial intelligence, Laboratory, Student, Cloud computing, Machine learning, Paper, Teaching, Virtual reality, Television

DUBLIN, March 20, 2024 /PRNewswire/ -- The "Digital Classroom Market Report by Product Type (Digital Classroom Hardware, Digital Classroom Content, Digital Classroom Software), Application (K-12, Higher Education), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 20, 2024 /PRNewswire/ -- The "Digital Classroom Market Report by Product Type (Digital Classroom Hardware, Digital Classroom Content, Digital Classroom Software), Application (K-12, Higher Education), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • The global digital classroom market size reached US$ 139.1 billion in 2023.
  • A digital classroom is a learning environment wherein teachers and students use technology to enhance the teaching and learning experience.
  • What are the key regions in the global digital classroom market?

OLEDWorks Awarded DoD Contract for High-Brightness OLED Display Development

Retrieved on: 
Tuesday, March 19, 2024
Government, OTA, Growth, Unitary state, Environment, Virtual reality, Partnership, Augmented reality, OLED, Television

ROCHESTER, N.Y., March 19, 2024 /PRNewswire-PRWeb/ -- OLEDWorks LLC, the world's leading provider of high brightness, multi-stack organic light emitting diode (OLED) devices for the automotive and specialty lighting markets announced the award of an ~$8.6M Other Transactional Agreement (OTA) with the U.S Government. The U.S. Army is overseeing the design and development of high-performance OLED microdisplays for consumer and defense applications.

Key Points: 
  • The U.S. Army is overseeing the design and development of high-performance OLED microdisplays for consumer and defense applications.
  • The microdisplay is targeted specifically towards head-mounted display applications in the Augmented Reality and Virtual Reality (AR/VR) markets.
  • "OLEDWorks is expanding the boundaries of microdisplay performance by developing a high-resolution, full-color OLED microdisplay with high brightness levels," said Dr. John Hamer, OLEDWorks Co-Founder and COO.
  • I congratulate the team at OLEDWorks on this award and look forward to their continued growth and success."