For many in the industry, the augmented and mixed reality market is on an exciting curve in terms of applications, innovation, markets and adoption.
The industry is experiencing strategic investments across
the world.
Lumus Ltd., a developer of high-end transparent near-to-eye displays
for augmented reality (AR), mixed reality (MR) and smart eyewear has received
$15 million of funding led by Shanda Group, a global private investment group,
along with Crystal-Optech, a Chinese photo-electric component manufacturer.
Lumus will use the funding to scale up production of
its patent-protected optical technology for the emerging consumer market.
For those who are unfamiliar, Lumus develops and sells transparent displays
to companies working on developing consumer and enterprise AR solutions.
The Lumus DK-50 development kit, introduced earlier this year can offer AR
creators a fully mobile, wireless, comprehensive stand-alone binocular display
development kit.