Magic Leap Inc. is a company that has produced a “head mounted virtual retinal reality” devise that projects 3D images on a wearer’s own retina. Companies across the globe, such as retail merchants with online stores are anxious to see Magic Leap’s new product. In 2015, Magic Leap released demo videos demonstrating “augmented reality games” and 3D objects overlaid on real objects in the real world giving 3D a whole new perspective.
Magic Leap is one of the leading companies of augmented reality, and they are ready to take their game to the next level. Recently, they bought NorthBit Security, an Israli company that will make their software unbreakable. The deal will ensure Magic Leap products cannot be hacked and the technology reproduced by pirate and unethical companies.
Magic Leap is extremely private about their projects. They have managed to attract a large number of investors and now they have a capital of not less than $4.5 billion.
Augmented reality technology will be the future of games and advertisements and many people believe that it can be used in various ways to benefit humanity. If their secret projects are successful, they feel they will make new technological history.