ARway Corporation (CSE:ARWY, OTC:ARWYF) has announced the integration development of its artificial intelligence (AI)-powered platform with one of the most widely used augmented reality (AR) glasses, Magic Leap Glasses.
The company said the integration is expected to be completed in the next 60 days and will expand ARway's product offerings, providing customers with greater device compatibility beyond mobile phones.
Magic Leap Glasses are an immersive enterprise AR device that combines the virtual and real worlds to create a unique and immersive user experience. With advanced technologies like eye-tracking, spatial sound, and 6DoF, users can interact with digital content in the real world.
In a statement, ARway Corporation CEO Evan Gappelberg commented: "We are thrilled to announce we are integrating ARway.ai with Magic Leap AR Glasses, which represents a major milestone for our company and a significant advancement in the field of augmented reality (AR). This breakthrough marks the first of many integrations with AR headsets, aligning with our strategy of developing once and deploying everywhere."
The integration comes at a pivotal time, as Magic Leap is now natively supporting OpenXR, which makes an accessible AR ecosystem that benefits enterprises and developers across industries. With OpenXR, ARway can effectively 'Code Once, Deploy Everywhere', which is the company's strategy to integrate with all OpenXR compatible glasses and headsets.
Magic Leap has received billions of dollars in funding from high-profile enterprise companies like Google and Alibaba, which underscores the potential value of this technology. As Magic Leap Glasses continue to gain traction and adoption, investors can expect to see increased demand for integrated products and services like the ARway.ai platform provides.
Gappelberg added: "This partnership is expected to create new business opportunities for our technology, allowing users to experience digital content in the real world in ways that were previously unimagined. With wearables and glasses projected to replace phones in the not too distant future, integrating our technology with these headsets represents a massive step towards the widespread adoption of ARways technology."
ARway.ai is an AI-powered platform that provides AR experiences for indoor spaces. The platform allows users to easily create experiences for navigation, tours, information sharing, notifications, advertising, and gamification. ARway has unlimited use cases for augmenting physical spaces in the metaverse, making it a valuable tool for creators, brands, and companies in various industries.
Contact the author at jon.hopkins@proactiveinvestors.com