Magic Leap is an incredibly secretive company based in Florida that develops “mixed reality” technology. While the company was valued at $4.5 billion in its latest round of financing, Magic Leap has never released a product. “It has never given a public demonstration of a product, never announced a product, and never explained the proprietary ‘lightfield’ technology that powers its products,” writes David M. Ewalt for Forbes. That may be about to change, however, as the CEO Rony Abovitz said in a rare interview that the company has spent a billion dollars perfecting a prototype and has begun constructing manufacturing lines in Florida
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1 Comment
Tomi Engdahl says:
The Secretive $4.5 Billion Startup ‘Magic Leap’ Is Gearing Up To Release A Consumer Version of Its Tech
https://hardware.slashdot.org/story/16/11/03/2326232/the-secretive-45-billion-startup-magic-leap-is-gearing-up-to-release-a-consumer-version-of-its-tech
Magic Leap is an incredibly secretive company based in Florida that develops “mixed reality” technology. While the company was valued at $4.5 billion in its latest round of financing, Magic Leap has never released a product. “It has never given a public demonstration of a product, never announced a product, and never explained the proprietary ‘lightfield’ technology that powers its products,” writes David M. Ewalt for Forbes. That may be about to change, however, as the CEO Rony Abovitz said in a rare interview that the company has spent a billion dollars perfecting a prototype and has begun constructing manufacturing lines in Florida
Will Magic Leap become the next Theranos?
http://www.bizjournals.com/phoenix/news/2016/11/02/will-magic-leap-become-the-next-theranos.html