It feels a little sudden, but we’re here: Magic Leap is working to create the most augmented reality device possible.
The Florida-based startup is developing a project called a Dynamic Digitized Lightfield Signal, which projects images directly onto a user’s retina, according to Core 77. The technology will allow users to see 3D images that blend into their natural world.
The project is well supported. Both Google and e-commerce company Alibaba back it. Magic Leap raised $542 million in 2014 and the company is near raising a $1 billion round at a $4.5 billion valuation. It is one of the largest rounds of funding ever, comparable to what Uber and Facebook raised during the last few years.
While Magic Leap has released a few video demonstrations of its product, there is no word yet as to when this might be available and how much it might cost.
Related Stories
Intelligent Lighting | Feb 13, 2023
Exploring intelligent lighting usage in healthcare, commercial facilities
SSR's Todd Herrmann, PE, LEEP AP, explains intelligent lighting's potential use cases in healthcare facilities and more.
AEC Tech | Jan 27, 2023
Epic Games' latest foray into the AEC market and real estate industry
From architecture to real estate, the realm of computer-aided design hits new heights as more and more firms utilize the power of Epic Games’ Twinmotion and Unreal Engine.
AEC Tech | Jan 27, 2023
Key takeaways from Autodesk University 2022
Autodesk laid out its long-term vision to drive digital collaboration through cloud-based solutions and emphasized the importance of connecting people, processes and data.
Digital Twin | Nov 21, 2022
An inside look at the airport industry's plan to develop a digital twin guidebook
Zoë Fisher, AIA explores how design strategies are changing the way we deliver and design projects in the post-pandemic world.
BAS and Security | Oct 19, 2022
The biggest cybersecurity threats in commercial real estate, and how to mitigate them
Coleman Wolf, Senior Security Systems Consultant with global engineering firm ESD, outlines the top-three cybersecurity threats to commercial and institutional building owners and property managers, and offers advice on how to deter and defend against hackers.
Sponsored | BIM and Information Technology | Jul 19, 2022
Why Autodesk Tandem is the best fit for your projects
Sponsored | Digital Twin | Jun 24, 2022
Pave the way for better business relationships with digital twins
Smart Buildings | Jun 1, 2022
Taking full advantage of smart building technology
Drew Deatherage of Crux Solutions discusses where owners and AEC firms could do better at optimizing smart technology in building design and operations.
AEC Tech | Apr 19, 2022
VDC maturity and the key to driving better, more predictable outcomes
While more stakeholders across the AEC value chain embrace the concept of virtual design and construction, what is driving the vastly different results that organizations achieve? The answer lies within an assessment of VDC maturity.