GoPro and Starman Optical have named defense, robotics and aerospace as growth markets. GoPro’s compact cameras could provide the operator view and first-person demonstrations used in VR teleoperation...
An unnamed customer has told ENGAGE XR it won’t take any further licenses, leading the company to pursue a court-approved liquidation. Trading in the spatial computing company’s shares has been ...
California records have confirmed 147 permanent Apple layoffs across Cupertino and Sunnyvale, including software engineers working on AR and VR. The XR Beat and Bloomberg reported more than 200 job cu...
Japanese multinational TDK AIsight acquired what it describes as all OQmented assets in May 2026 and hired the company’s team. TDK has told The XR Beat that it acquired all OQmented assets and hired i...
PICO has moved the Chinese launch of Space Pro (codenamed ‘Project Swan’) from 2 September to Q4 after deciding on a major software upgrade during final testing. It has not named the featu...
Around 100 roles tied to Vision Pro are being cut as Apple reduces gaming and first-party immersive production with around 200 layoffs. Apple still sells Vision Pro for design, training, healthcare an...
The proposed acquisition would almost double Virtualware’s projected EBITDA and make the UK its largest market. Its deeper promise is a friction-free XR deployment process from machine simulation and ...
Vuzix has opened a new at-the-market share-sale programme with capacity for up to $100 million after using $12.2 million in operating cash during the first half of 2026. The company also says it deliv...
The label now covers camera assistants, display eyewear, audio wearables and industrial systems with different jobs and risks. Privacy pressure could force the industry to name them properly....
A recent WARN filing shows 76 permanent layoffs at Magic Leap’s Sunnyvale site, adding to the 193 planned cuts at its Florida headquarters Magic Leap is planning to cut another 76 jobs at its Sunnyval...
Siemens and HD Hyundai have committed to a “low triple-digit million USD” deal for a digital shipyard programme built around Siemens Xcelerator, digital twins and industrial AI. The compan...
Snap is assembling its own Fantastic Four for Specs, with four senior industry leads covering healthcare, higher education, manufacturing and retail. They’re also recruiting two sidekicks to han...
Magic Leap is preparing to cut approximately 193 roles at its Florida headquarters as the company restructures around waveguide manufacturing, device integration and partner-led AI glasses development...
ByteDance has reportedly abandoned its original Doubao AI glasses design and moved ahead with two second-generation devices, as competition around camera-equipped AI glasses intensifies in China. Imag...
Magic Leap SVP Scott Carden says consumer AR display glasses need the full display system to reach $100 or less per device before the market can scale. The company told The XR Beat its J-FIL waveguide...
The XR Beat can reveal that in April, Lenovo took the decision to lay off its Commercial XR Solutions team, part of the wider Intelligent Commercial Solutions Group. The layoffs come as Lenovo is R...
Apple’s lawsuit against OpenAI lands shortly after senior Vision Pro and smart glasses executive Paul Meade reportedly joined OpenAI’s hardware team. OpenAI were quick to downplay the lawsuit, but the...
Magic Leap is stepping back from building its own headsets to focus on waveguides and device integration for other AR and AI glasses companies. In an increasingly crowded market, the move suggests spe...
Caterpillar has acquired Skycatch to bring high-frequency spatial capture closer to mine planning and operations. As digital twins become more operational, buyers may pay closer attention to how recen...
Even Realities has reached a $1 billion valuation with a camera-free, display-first smart glasses model, as the company expands in the US and bets on optics, information display and privacy. Even Real...
