Last week’s InsideAR 2011 conference held in Munich, Germany, and hosted by Metaio, a technology company specializing in augmented reality, brought to light some of the most innovative developments to come to augmented reality ever. Augmented reality technology has always been leaps and bounds ahead of conventional hardware, limiting the use of the technology a great deal. Now, however, hardware technology is advancing at a much more rapid pace than it had been two decades ago, enabling developers to push the boundaries of technology and find out what augmented reality…
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Vuzix Corp. posts losses for second quarter, notes strong sales in defense industry
Vuzix Corp., a manufacturer of video eyewear and other personal display devices, has released a report of their earnings for the second quarter of this year. The company is well known for its use of augmented reality technology that is most often used in the security sector. Despite growth in sales to several defense organizations throughout the world, the company has posted losses for the second quarter. While loss rarely bodes well for any company, executives note that their losses are becoming smaller as time goes on. The company posted…
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