Mixed reality

Vuzix Receives M300 Smart Glasses Follow-on Order from AMA as Conversions from Pilots to Productive Rollouts Grow

Retrieved on: 
Monday, July 16, 2018

"AMA has hundreds of active pilot programs and this follow-on order for Vuzix M300 Smart Glasses will help satisfy the growing demand and number of conversions to commercial rollouts we are seeing across our customer base," said Christian Guillemot, AMA CEO and Founder.

Key Points: 
  • "AMA has hundreds of active pilot programs and this follow-on order for Vuzix M300 Smart Glasses will help satisfy the growing demand and number of conversions to commercial rollouts we are seeing across our customer base," said Christian Guillemot, AMA CEO and Founder.
  • "Our M300 Smart Glasses enterprise business continues to expand in 2018 and we are delighted to see an existing customer place a single follow-on M300 order that far exceeds their 2017 total order volume.
  • Vuzix is making a concerted effort to work closer with our extensive M300 enterprise customer base to successfully migrate hundreds of active pilot programs into productive larger rollouts.
  • Forward looking statements contained in this release relate to Vuzix business growth with AMA and the successful conversions of pilots to productive rollouts of the M300 Smart Glasses by AMA and others,as well as the Company's leadership in the Smart Glasses and AR display industry.

Raytheon projector selected for UAE F-16 digital head-up display by BAE Systems

Retrieved on: 
Monday, July 16, 2018

BAE Systems' new DLE is an electro-optic upgrade to traditional analog HUDs, replacing conventional cathode ray tube devices.

Key Points: 
  • BAE Systems' new DLE is an electro-optic upgrade to traditional analog HUDs, replacing conventional cathode ray tube devices.
  • "As the technology shifts from analog to digital, Raytheon is applying its decades of expertise in digital microdisplay technologies for HUD applications," said Wolf Glage, vice president of engineering at Raytheon ELCAN Optical Technologies, the source for the projector.
  • Earlier this year, BAE Systems announced it was selected by Lockheed Martin to upgrade the HUDs across the UAE's F-16 fleet.
  • Development of the DLE projector draws on past experience in developing digital projection systems for both military and commercial applications.

Technological Advances in Augmented and Virtual Reality Create New Growth Opportunities Across Industries

Retrieved on: 
Monday, July 9, 2018

SANTA CLARA, California, July 9, 2018 /PRNewswire/ --Frost & Sullivan, the growth partnership company, will host a live, complimentary Growth Innovation Leadership (GIL) briefing, titled "Technological Advances in Augmented and Virtual Reality Create New Growth Opportunities Across Industries", on Tuesday, July 24th, 2018, at 10:00 AM Central Time.

Key Points: 
  • SANTA CLARA, California, July 9, 2018 /PRNewswire/ --Frost & Sullivan, the growth partnership company, will host a live, complimentary Growth Innovation Leadership (GIL) briefing, titled "Technological Advances in Augmented and Virtual Reality Create New Growth Opportunities Across Industries", on Tuesday, July 24th, 2018, at 10:00 AM Central Time.
  • The immersive technology market, including augmented and virtual reality, is expected to see massive growth in the next five years, and will mainly be derived by applications in manufacturing and simulation modeling.
  • Advancements in technology like 5G, artificial intelligence, edge computing and robotics are expected to transform the augmented and virtual reality experiences.
  • Frost & Sullivan's Visionary Innovation experts invite you to join us for the webinar: Technological Advances in Augmented and Virtual Reality Create New Growth Opportunities Across Industries and hear about AR/VR technology market value growth and how it will infiltrate our lives as well as businesses.

Technological Advances in Augmented and Virtual Reality Create New Growth Opportunities Across Industries

Retrieved on: 
Monday, July 9, 2018

SANTA CLARA, Calif., July 9, 2018 /PRNewswire/ --Frost & Sullivan, the growth partnership company, will host a live, complimentary Growth Innovation Leadership (GIL) briefing, titled "Technological Advances in Augmented and Virtual Reality Create New Growth Opportunities Across Industries", on Tuesday, July 24th, 2018, at 10:00 AM Central Time.

Key Points: 
  • SANTA CLARA, Calif., July 9, 2018 /PRNewswire/ --Frost & Sullivan, the growth partnership company, will host a live, complimentary Growth Innovation Leadership (GIL) briefing, titled "Technological Advances in Augmented and Virtual Reality Create New Growth Opportunities Across Industries", on Tuesday, July 24th, 2018, at 10:00 AM Central Time.
  • The immersive technology market, including augmented and virtual reality, is expected to see massive growth in the next five years, and will mainly be derived by applications in manufacturing and simulation modeling.
  • Advancements in technology like 5G, artificial intelligence, edge computing and robotics are expected to transform the augmented and virtual reality experiences.
  • Frost & Sullivan's Visionary Innovation experts invite you to join us for the webinar: Technological Advances in Augmented and Virtual Reality Create New Growth Opportunities Across Industries and hear about AR/VR technology market value growth and how it will infiltrate our lives as well as businesses.

Vuzix Completes FCC and EU CE Certification Processes for Vuzix Blade® Smart Glasses

Retrieved on: 
Thursday, July 5, 2018

In addition to the FCC emission's certification process completion, Vuzix has also completed the European Union CE emission's certification process related to the Vuzix Blade Smart Glasses.

Key Points: 
  • In addition to the FCC emission's certification process completion, Vuzix has also completed the European Union CE emission's certification process related to the Vuzix Blade Smart Glasses.
  • "Volume manufacturing of the Vuzix Blade Smart Glasses from our West Henrietta, NY facility has commenced.
  • With FCC and EU certifications processes now complete we can commence broad shipping of our Vuzix Blade Smart Glasses to the application and enterprise Vuzix Blade Edge developer communities located within the USA, Canada and Europe," saidPaul Travers, President and Chief Executive Officer at Vuzix.
  • Forward looking statements contained in this release relate to FCC and EU emission's certifications, volume Blade production and shipments, as well as the Company's leadership in the Smart Glasses and AR display industry.

Vuzix Issues Letter to Shareholders

Retrieved on: 
Thursday, July 5, 2018

ROCHESTER, N.Y., July 5, 2018 /PRNewswire/ -- Vuzix Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets,is pleased to announce that the Company has issued a letter to shareholders to review recent events and provide an outlook of what Vuzix expects to achieve in the near-term.

Key Points: 
  • ROCHESTER, N.Y., July 5, 2018 /PRNewswire/ -- Vuzix Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets,is pleased to announce that the Company has issued a letter to shareholders to review recent events and provide an outlook of what Vuzix expects to achieve in the near-term.
  • Key points in the Shareholder Letter include that the Company expects continued momentum in its business developments and that 2018 revenues will exceed 2017 revenues.
  • Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets.
  • Media and Investor Relations Contact:
    Matt Margolis, Director of Corporate Communications and Investor Relations, Vuzix Corporation
    Ed McGregor, CFA, Director of Institutional Investor Relations, Vuzix Corporation

SentiAR Selected by Microsoft Corp. For Mixed Reality Partnership Program (MRPP)

Retrieved on: 
Monday, July 2, 2018

ST. LOUIS, July 2, 2018 /PRNewswire/ -- SentiAR announced today that it has received an invitation from Microsoft Corp. to participate in their Mixed Reality Partnership Program (MRPP).

Key Points: 
  • ST. LOUIS, July 2, 2018 /PRNewswire/ -- SentiAR announced today that it has received an invitation from Microsoft Corp. to participate in their Mixed Reality Partnership Program (MRPP).
  • The program identifies solution provider partners who are committed to building mixed reality solutions in targeted industries, including healthcare.
  • Inclusion into the program will provide SentiAR with access to a variety of Microsoft development tools, programs and services to assure positive business outcomes for participants.
  • The Mixed Reality Partnership Program was initiated by Microsoft shortly after introducing HoloLens in 2015.

Global Mixed Reality Market Expected to Reach $5,362.1 Million by 2024

Retrieved on: 
Friday, June 29, 2018

According to a recent report published by Allied Market Research, titled," Mixed Reality Market by Component, Device Type, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2024",the global mixed reality market was valued at $123.2 million in 2017, and is projected to reach at $5,362.1 million by 2024, growing at a CAGR of 71.6% from 2018 to 2024.

Key Points: 
  • According to a recent report published by Allied Market Research, titled," Mixed Reality Market by Component, Device Type, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2024",the global mixed reality market was valued at $123.2 million in 2017, and is projected to reach at $5,362.1 million by 2024, growing at a CAGR of 71.6% from 2018 to 2024.
  • Mixed reality is a mix of reality and virtual reality, encompassing both augmented reality and virtual reality via technology.
  • Rise in adoption of mixed reality in games & entertainment industry and increase in demand for mixed reality in the education sector drive the growth of the global mixed reality market.
  • Key Findings of the Mixed Reality Market:
    In 2017, based on component, the hardware segment is anticipated to dominate the global mixed reality market, in terms of revenue.

Global Head-mounted Display (HMD) Market 2018-2022 with BAE Systems, CINOPTICS, Elbit Systems, FUJITSU & Rockwell Collins Dominating

Retrieved on: 
Friday, June 22, 2018

The "Global Head-mounted Display (HMD) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Head-mounted Display (HMD) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
  • The Global Head-Mounted Display (HMD) market to grow at a CAGR of 36.78% during the period 2018-2022.
  • Global Head-Mounted Display (HMD) Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts.
  • To calculate the market size, the report considers the revenue generated from the sales of HMDs across various segments and regions.

PeriscapeVR Virtual Reality Experience Center Arrives at JFK Terminal 4

Retrieved on: 
Thursday, June 14, 2018

PeriscapeVR offers incredible virtual and mixed reality experiences in an easy-to-use, luxurious design that is approachable for the VR curious, adventurous and experienced users.

Key Points: 
  • PeriscapeVR offers incredible virtual and mixed reality experiences in an easy-to-use, luxurious design that is approachable for the VR curious, adventurous and experienced users.
  • "We are thrilled to partner with PeriscapeVR to bring the first airport VR Experience Center offering location-based entertainment to travelers at Terminal 4," said Edward Midgley, Vice President of Commercial for JFKIAT, the company that manages Terminal 4.
  • Paradies Lagardre , Terminal 4's travel retail group has partnered with PeriscapeVR to be the first airport retail group to offer virtual reality location-based entertainment.
  • "HP is proud to have been chosen to power the virtual reality technology needs of PeriscapeVR for its groundbreaking experience at one of the world's most visited airports," said Joanna Popper, Global Head of Virtual Reality, Location Based Entertainment, HP.