Gadgets

Magic Leap is coming out with another AR headset that you probably don’t care about

This comes after the company raised an additional $500 million.

by
Joe Rice-Jones
October 12, 2021

Image: Magic Leap

Magic Leap is back from the dead, after raising another $500 million from existing investors. CEO Peggy Johnson also announced the next generation of the company’s augmented reality (AR) headset, called the Magic Leap 2.

That fundraising values the company at $2 billion, which is a fraction of the money that its raised to date. Maybe trying to bring AR to consumers wasn’t the right play with the first headset, but that’s changing with an enterprise focus on the second, slimmer headset.

Details of the next headset are also slim. Johnson mentioned the name, Magic Leap 2, and that it was a true “all-day” device during an interview on CNBC‘s Power Lunch. It looks substantially smaller than the first generational headset and comes with a host of new features to improve the AR experience.

magic leap 2 augmented reality glasses — Image: Magic Leap

Those include “segmented dimming” which essentially dims the real world so you can see the AR content better, has double the field of vision, better color fidelity, and better image and text quality than the first headset.

Magic Leap is aiming firmly at professional use, with surgeons, manufacturing, and the defense sector all being targeted.

You’ll have to wait until next year to get your hands on the Magic Leap 2, which is very much aimed at enterprise users. Magic Leap did say they have an early access program going on right now, which is probably only open to existing partners. The price of the Magic Leap 2 is unknown at this time.

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