RealWear is a player in the space AR firm with growing momentum among several major companies. Over the past 18 months, the company sends over 15,000 HMT systems worldwide, and now has more than 1,300 customer companies and more than 120 applications.
AR RealWear devices are designed to work in the field and meet corporate requirements in all vertical types. The power of the company is the ability to provide robust hardware and software solutions that accelerate the business of a company that has previously cost or not.
Other companies are in this space, such as Vuzix, but no one can enjoy RealWear momentum now. Let’s see more deeply how RealWear, the prize, and the way she reaches where she lives.
The HMT RealWear
portfolio is made from two HMT-1 and HMT 1Z1 headsets, both built with Qualcomm as a partner technology and dominated by the Qualcomm Snapdragon 625 processor. Although two devices are not connected, I expect the model to be LTE built for applications when Wi-Fi and portable are not available.
This headset has 8-10 hours of battery life, no handheld user experience, and a lot of powerful microphones that can eliminate good quality. HMT-1 is smaller than two devices with 3250 mAh and weighs 380 grams, and HMT-1Z1 has 3400 mAh and weighs 430 grams. Both have the same WVGA resolution (854×480), the 20-degree display field view. Duo is also designed to be a digital visual auxiliary to the real world.
Interestingly, the HMT-1 and HMT-1Z1 RealWear devices appear to be a complete device for Microsoft’s top Hololen software. The duo also provide a variety of purposes in the AR head tool used, and thus requires no direct competition.
Hololens is a large and complete helmet designed to bring users fully into the real-world mix. So, RealWear’s headset works better as a listener, who can stay away from the road you want. Less urgent and inexperienced by design, RealWear products can make users more focused on the world of digital assets.
Great deal, great funding
Since the last few years, RealWear acquired a very important contract with major customers around the globe. One of the largest was announced early this year-a contract with UROS in Kazakhstan to allow use in Smart Cities.
RealWear wants to deliver 10,000 RealWear HMT-1 and HMT-1Z1 Headsets as part of this agreement, many units for size companies. This is an agreement with Qualcomm, which, as I mentioned earlier, worked with RealWear on HMT-1 and HMT-1Z1.
RealWear also announced, along with Ubimax, which will launch RealWear HMT-1 for all 347 BMW and select MINI seller in the U.S. who use Frontline Ubimax software. The potential for this kind to grow is for a company room too. One of the great examples is the updated Microsoft sharing with Airbus to serve Microsoft Hololens and Airbus-compliant customer services to improve speed and quality improvements.
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Speaking about Airbus, the company said it could reduce administrative costs by about 41% by using HMT-1 RealWear with Ubimax software. In addition, one of the world’s largest globular semiconductor, GlobalFoundries, finds that the helical RealWear can reduce training time from 30 to 50%.
Another manufacturer on board – Colgate launches HMT-1 on 20 artificial facilities in 11 different countries and Shell works with Honeywell to use HMT-1Z1 on 24 sites in 12 different countries.
The customers and the shares speak markets and applications for AR firms to grow faster than they expect. Everyone wants a piece of action.
RealWear recently announced an increase of $ 80 million in B Series financing led by Teradyne, global leader in industrial automation. Other investors include, Bose Corp, Qualcomm Ventures, Corporal Kopin