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
BIM and Information Technology | Oct 18, 2017
Project Frog announces Autodesk investment
Autodesk’s investment in Project Frog creates a common data environment, streamlines design and engineering processes, and optimizes architectural design for manufacturing.
BIM and Information Technology | Oct 12, 2017
Laser scanners go handheld
The emergence of handheld 3D laser scanners has been a boon for firms looking to lower costs and speed up turnaround time.
Sponsored | BIM and Information Technology | Oct 10, 2017
Moody Engineering, Inc. utilizes 3D scanner to meet challenges of phosphoric acid tank remodel
By integrating creativity and ingenuity with practicality, the Moody team was able to address the project’s specific requirements in order to save the customer time and money on this challenging project.
AEC Tech | Oct 6, 2017
How professional bias can sabotage industry transformation
Professional bias can take the form of change-resistant thinking that can keep transformational or innovative ambitions at bay. Tech consultant Nate Miller presents three kinds of bias that often emerge when a professional is confronted with new technology.
Sponsored | BIM and Information Technology | Sep 19, 2017
BIM vs VDC…how the US and the UK differ in approaching digital project delivery
In this four-part series, Bluebeam VP Sasha Reed sat down with industry experts to examine the need for defining and understanding digital workflows and data management throughout the design and construction project lifecycle.
Sponsored | BIM and Information Technology | Aug 28, 2017
3D scanning solution brought in to beat the heat on challenging fuel pipe demolition and replacement project
Acensium is an engineering consulting services firm with a focus on material handling retrofit projects and 3D scanning for as-built reality capture.
AEC Tech | Aug 25, 2017
Software cornucopia: Jacksonville Jaguars’ new practice facility showcases the power of computational design
The project team employed Revit, Rhino, Grasshopper, Kangaroo, and a host of other software applications to design and build this uber-complex sports and entertainment facility.
Office Buildings | Jul 20, 2017
SGA uses virtual design and construction technology to redevelop N.Y. building into modern offices
287 Park Avenue South is a nine-story Classical Revival building previously known as the United Charities Building.
Accelerate Live! | Jul 6, 2017
Watch all 20 Accelerate Live! talks on demand
BD+C’s inaugural AEC innovation conference, Accelerate Live! (May 11, Chicago), featured talks on machine learning, AI, gaming in construction, maker culture, and health-generating buildings.
