Chinese start-up Nreal is launching its augmented reality glasses in the UK this spring

Chinese start-up Nreal is launching its augmented reality glasses in the UK this spring


Attendees look at NReal’s augmented reality glasses, on the last day of CES 2019 in Las Vegas, Nevada.

Robyn Beck | AFP | Getty Images

Nreal, a Chinese augmented reality start-up, is planning to bring its smart glasses to the U.K.

The Beijing-based company said Tuesday it will launch its Nreal Air AR glasses in Britain later this spring through an exclusive deal with local carrier EE, which is owned by telecoms group BT.

Nreal’s glasses allow users to watch movies or play games on large virtual displays. Users can do so by connecting the glasses to their smartphone through a cable. They’re designed to look like sunglasses, similar to Snap’s Spectacles line of smart glasses.

The Nreal Air has two main modes: “Air Casting” and “MR Space.” Air Casting lets users view their phone screen on a 130-inch virtual display when standing four meters away, while MR Space combines digital objects with a user’s surrounding space.

Nreal did not give an exact release date or price for the device. A spokesperson said more details will be revealed “at a later date.”

Buzz around the metaverse

Nreal is one of countless companies hoping to bring augmented reality — which blends three-dimensional digital objects with the real world — to a more mainstream audience. The tech has been around for years but, like virtual reality, it has struggled to find commercial success.

Now, with the tech world abuzz with talk about the so-called “metaverse,” it’s given technologies like AR and VR a new lease on life. Companies like Microsoft and Facebook, or Meta as it’s now known, want to build vast digital worlds in which millions of users can interact — and transact — with one another.

Peng Jin, co-founder of Nreal, said he believes AR “will start a revolutionary transformation just as the internet once did.”

“AR will transcend the current mobile experience, especially when it comes to watching videos, exercising, and playing PC and cloud video games,” he added.

Founded in 2017, the company has created two AR headsets to date: the Nreal Light and Nreal Air, the latter of which it debuted last year. The company has raised over $230 million to date from investors including Alibaba, Nio and Sequoia Capital China. It was most recently valued at $700 million.



Source

Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors
World

Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors

The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays don’t offer the stability of gold. “Bitcoin, pure and simple, it’s a return play, and I think that people have been jumping […]

Read More
How tech bros bought ‘America’s most pro-crypto Congress ever’
World

How tech bros bought ‘America’s most pro-crypto Congress ever’

Bernie Moreno, Republican U.S. Senate candidate from Ohio, attends a campaign event in Holland, Ohio, on Saturday, October 26, 2024. Moreno is running against Sen. Sherrod Brown, D-Ohio.  Tom Williams | Cq-roll Call, Inc. | Getty Images Prior to announcing his Senate candidacy in April 2023, Bernie Moreno was a political no name. A former […]

Read More
Welcome to the mullet market: Steady benchmarks in the front, crypto party in the back
World

Welcome to the mullet market: Steady benchmarks in the front, crypto party in the back

This market is starting to summon the lighthearted take on a mullet haircut: business in the front, party in the back. The headline benchmark stock indexes have been all business, remaining calmly firm in an orderly uptrend, barely laying an errant step for weeks. After a post-election pop that lasted a few days and took […]

Read More