Arabic AR Chinese (Simplified) ZH-CN English EN French FR German DE Japanese JA Portuguese PT Russian RU Spanish ES Ukrainian UK

AR Headset Startup CastAR is Reportedly Shutting Down

Latest news

    According to a report from Polygon, augmented reality company CastAR is heading for a shutdown, laying off staff from the Palo Alto headquarters and its internal AR software development studio in Salt Lake City. CastAR’s consumer hardware was due to launch this year.

    Concept render of the CastAR headset and controller | Image courtesy CastAR

    When Valve shelved an internal AR project in 2013, former employees Jeri Ellsworth and Rick Johnson were allowed to take their research with them and spun out the company Technical Illusions— eventually renamed CastAR—initially running a successful Kickstarter campaign which raised over $1 million, followed by landing a $15 million Series A investment from VC Playground Global in 2015. Polygon reports that according to former employees, the venture firm declined to invest any more in the company last week, and that CastAR had “failed to land any Series B funding from other potential investors.”

    Following the initial article revealing CastAR’s woes, Polygon has since updated their report to clarify that a “core group of employees are working to try and sell the existing technology.”

    This unfortunate news comes during a wealth of positive developments in the field of AR technology. The recent screen-based AR solutions (such as Google Tango and Apple’s phone and tablet AR) and a number of AR headsets.

    A prototype development kit of the CastAR headset, circa 2015 | Photo by Road to VR

    CastAR’s tech was initially based on the novel use of dual projectors, which required a retro-reflective mat on which the images appear.

    CastAR’s VR clip-on concept art | Image courtesy CastAR
    View the original article:

    Despite its advantages (particularly the ease of supporting multiple viewers), the approach required a number of tradeoffs, including portability (as you’d need to take one of the display mats with you in order to use the headset at another location—and seemed best suited for more niche tabletop gaming-like functionality (as the company has demonstrated on several occasions). The company had long claimed that an optical add-on would allow the device to double as a VR headset, though we never did get a chance to see the functionality demonstrated.

    The post AR Headset Startup CastAR is Reportedly Shutting Down appeared first on Road to VR.

    In the same category are

    ‘Payday 2 VR’ Exits Beta, Now Available as Free DLC to Main Game Payday 2 (2013), Overkill’s 4-player bank heist co-op shooter, has offered a VR mode in beta for the past few months, but now it’s off the...
    ‘Yahoo! MAP’ for iOS Now Has AR Navigation Mode in Japan Yahoo! Japan just updated their iOS-based Map application to include a new experimental AR mode which superimposes a blue pathway onto the physical wo...
    Creators of ‘Myst’ & ‘Obduction’ Announce VR Steampunk Adventure ‘Firmament’ Cyan, the studio behind Myst (1993) and Obduction (2017), announced they’re working on a new steampunk adventure game called Firmament. The stu...
    Facebook VP Teases Company’s ‘biggest AR/VR news to date’ Coming to F8 Conference Facebook’s annual developer conference, F8, won’t be here until May, but with registration opening today, Facebook and Oculus is teasing s...
    ‘Hatsune Miku VR’ Rhythm Game for Rift & Vive to Launch March 9th, Teaser Trailer Here Hatsune Miku, the impossibly saccharine anime pop vocaloid, is coming to SteamVR headsets in a new rhythm game from creators Degica Games and Crypton ...
    ‘Gorn’s’ New ‘Giant’ Update is Bigger, Badder, and (Optionally) Less Violent Physics-based VR brawler Gorn, got a free update today which brings a host of new weapons, a big new baddie, an optional mode to tone down the game...

    Leave a comment

    Your email address will not be published. Required fields are marked *