182: AR Startup Lumus Reveal 55 Degree Field of View Display Technology
I think most people listening to the show will agree that AR is becoming much more exciting than VR. I recently came across Lumus who are a leading developer of augmented reality (AR) wearable displays. Lumus creates transparent displays that drive augmented reality eyewear, transforming the way people interact with their reality like no other solution on the market today.
Lumus recently announced a $45 million investment round with an additional $30 million in funding from top-tier strategic investors including Quanta, HTC and others to expand its growing AR display business.
With augmented reality (AR) and virtual reality (VR) head-worn device shipments to reach 37 million by 2018, at an 83% CAGR, ABI Research identifies several innovative companies that will lead market development, including Fovi3D, Meta, and Sensics. It is manufacturers in adjacent markets, particularly machine vision, however, that will have the most substantial impact. Companies such as Eonite Perception, Occipital, and uSens will not only spur overall market development but help to position mixed reality (MR) as a key future disruptor to existing AR enterprise implementations.
Machine vision is the driver behind advanced mobile AR solutions, particularly in education and marketing, and will define the future success of mixed reality solutions in enterprise,” says Shelli Bernard, Research Analyst at ABI Research
After securing some big investors from tech heavyweights, I invited Dam Emodi, VP Marketing at Lumus Ltd to find out more.
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