Augmented reality (AR) is a thriving technology in which digital data merge with the real world. This technology superimposes computer genarated data upon the real world. AR technology uses virtual reality to amend and transform the real world.
"We are high on AR for the long run, we think there's great things for customers and a great commercial opportunity"
Tim Cook, chief executive officer of Apple
"One day, we believe this kind of immersive, augmented reality will become a part of daily life for billions of people"
Mark Zuckerberg, chief executive officer of Facebook
"We are looking forward to Magic Leap's (AR StartUP) next stage of growth. I'm very positive that we will evolve these things"
Sundar Pichai, chief executive officer of Google
Source: SVB Analytics. Outliers represent investments greater that 45% of the invested capital in one funding round.
Augmented reality revenue forecast ($B)
LIVEMAP develops AR-technology and products with GREAT POTENTIAL IN ALL OF THESE FIELDS.
A helmet can project any image on the glass, without distracting you from the road, like microdisplays and GPSs do. The projected image is generated using our patented optical system, based on a special aspherical lens. Collinear light-beams with infinite focus allow us to obtain a high-quality and clear picture in any lighting condition. The system is controlled by our own in-house-developed software and the helmet is managed by voice commands.
World motorcycle demand is 134.5 million units. World demand to rise 7.2% through 2016-2017. Average motorcycle rider has from 1 to 3 helmets.
Why Livemap continues to push forward and achieve success by showing good traction when other projects fail and shut down? The secret of success is the perseverance of the Livemap founder and the time expenditure of over 10 000 hours - over 8 years Andrew has made a number of prototypes and has gained expertise in the field of projection systems and...
We have acquired unique knowledge of projection systems in augmented reality systems, based on different illumination systems (Lcos, Flcos, Lazer, DLP, MicroOled) and different mounted compositions overhead. A lot of experience, over 1 000 variants. We believe that the optics are the most important part of augmented reality gadgets. More than the software or PCB.
Andrew also invested from his personal savings, personal loans and revenues from another of his projects - an electronic posture corrector "Posture Master" - a very popular gadget in Russia, which has sold around 30,000 units and started, in 2015, being exported to Australia, Israel and the European Union, in 2017 Amazon USA, Walmart USA.