According to an article on CNN Tech the Magic Leap start-up may have more than a half-billion dollars in the bank and the backing of tech titans like Google, as well as the investors with some of Silicon Valley’s deepest pockets. Unlike most new companies they’re not even telling the public who is on their team. But they’re promising to change the world — or at least how we experience it.
What’s clear is that Magic Leap is working on augmented-reality technology. And they’re claiming that the product they’re keeping tightly under wraps will trump anything that’s been offered by existing companies like Oculus, the virtual-reality company Facebook bought this year for $2 billion.
Bill Gutelius from Active Imaging Systems reports that “judging from the list of specialties they are looking for in employee talent, I would definitely say they are doing some sort of laser scanning or LiDAR.”