XR Industry News

The latest news on the XR industry. Covering AR, VR, MR, spatial computing, and the most important companies and platforms in the field.

XR Industry News

The latest news on the XR industry. Covering AR, VR, MR, spatial computing, and the most important companies and platforms in the field.

Operator XR Secures $3.7M VR Training Contract with Texas Department of Public Safety

Australian immersive training technology company xReality Group announced its subsidiary Operator XR has secured a contract with the Texas Department of Public Safety (Texas DPS) worth up to AUD $5.71 million (~$3.7 million USD), which will see the rollout...

Samsung Confirms ‘Project Moohan’ XR Headset is Still Coming This Year

Samsung didn't highlight its upcoming mixed reality headset at Unpacked last month, nor at Google I/O the month prior—but no fear, the South Korean tech giant confirmed its Android XR-based headset is still coming this year. In a recent earnings...

Brilliant Labs Unveils All-day Smart Glasses with Color Display, Pre-orders Launch at $300

Brilliant Labs unveiled Halo, its next-gen smart glasses that pack in a full-color micro OLED display, bone conduction speakers, and real-time voice-based AI assistant—priced at a surprisingly reasonable $300. Weighing in at just over 40 grams, Halo builds on the...

Meta & Stanford Reveal Ultra-Thin Holographic XR Display the Size of Glasses

Researchers at Meta Reality Labs and Stanford University have unveiled a new holographic display that could deliver virtual and mixed reality experiences in a form factor the size of standard glasses. In a paper published in Nature Photonics, Stanford electrical...

Ray-Ban Meta Smart Glasses Revenue Triples, Fueling Meta’s $3.5 Billion Bet on EssilorLuxottica

EssilorLuxottica released its second quarter earnings report, revealing that Ray-Ban Meta smart glasses have tripled in revenue year-over-year. Released in 2023, Ray-Ban Meta is the companies' second-gen smart glasses, serving up music, photo/video capture, and Internet searches via Meta AI. Starting...

Brilliant Labs to Launch Next-gen Smart Glasses on July 31st

Brilliant Labs announced it's getting ready to launch its next generation of smart glasses at the end of the month, making it the company's third device since it was founded in 2019. In 2023, Brilliant Labs released Monocle, a developer...

Sharp Unveils Prototype VR Controller, Combining Haptic Gloves & Standard Buttons

Sharp announced it's releasing a prototype VR haptic controller in Japan, which aims to reproduce the sense of touch in VR while serving a familiar button layout. Japan-based Sharp says its VR haptic controllers can let users sense texture thanks to...

Meta Researchers Reveal Compact Ultra-wide Field-of-View VR & MR Headsets

Ahead of an upcoming technical conference, researchers from Meta's Reality Labs Research group published details on their work toward creating ultra-wide field-of-view VR & MR headsets that use novel optics to maintain a compact goggles-style form-factor. Published in advance of...

Pico Reportedly Developing Slim & Light Mixed Reality ‘Goggles’ to Rival Next-Gen Meta Headset

Pico, the XR headset maker owned by TikTok parent ByteDance, is reportedly developing a mixed reality device aimed at rivaling Meta's next-generation XR headset. According to a report from The Information, Pico is currently working on a pair of mixed...

‘Freeaim’ Motorized Shoes Give Your Feet Tiny VR Treadmills, Kickstarter Now Fully Funded

UK-based startup Freeaim kicked off a new Kickstarter campaign yesterday to support the release of a pair of motorized shoes designed to enable natural walking in VR, essentially giving your feet two independent treadmills to walk on. VR treadmills are...

Beyond Military, Meta is Eyeing an XR Expansion into the Medical Field

It was announced recently that Meta is partnering with military tech company Anduril to bring XR technology to the battlefield. New job listings indicate the company is also looking to expand its XR tech into the medical field. Meta is...

CREAL Secures $8.9M Funding to Miniaturize Light Field Display for AR Glasses

Switzerland-based light field display startup CREAL announced its closed a $8.9 million equity funding round, which the company says will accelerate the miniaturization of its light field module for AR glasses. The equity funding round was led by ZEISS, the...

Meta Reportedly Invests $3.5 Billion in EssilorLuxottica, Further Strengthening Smart Glasses Partnership

It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not only the largest eyewear manufacturer in the world, but also Meta's partner behind its growing line of smart glasses. Now, a...

Smart Contact Maker Raises $250M Investment at a Whopping $1.35B Valuation

Smart contact lens startup XPANCEO announced it's secured $250 million in Series A funding, putting its valuation at $1.35 billion and minting it as XR's most recent unicorn. The funding round was led by Opportunity Venture (Asia), which led the...

Spatial Design Prototyping Tool ‘ShapesXR’ Adds Powerful Animation Features

ShapesXR (2021), the 3D and XR prototyping platform, just got a new animation feature that allows design teams to make their XR prototypes even more expressive and lifelike. The studio says the new 'Animation' feature introduces an "easy-to-use frame-based animation...
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