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AR and Smart Glasses Innovator Vuzix to Be Added to Russell 3000 and Russell 2000 Indexes

Vuzix is engaged in the design, manufacture, marketing and sale of augmented reality wearable display and computing devices. These display devices are worn like eyeglasses and typically include cameras, sensors, and a computer that enable the user to view, record and interact with video and digital content, allowing their wearers to interact and perform work hands-free. The key growth areas for the Company and its products currently are in the enterprise, medical, consumer electronics, OEM, defense and security markets where we help our customers increase productivity; eliminate travel costs; lower carbon footprint; improves worker safety and protect worker health. With the industry’s broadest product line of smart glasses, Vuzix is now working on it next generation products which include its see-through waveguide optics while implementing the latest micro-LED display technology, as pictured below.

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

“We are pleased to see our shares added to the Russell Indexes, one of the leading market performance benchmarks in North America,” said Paul Travers, Vuzix Chief Executive Officer. “We view this as an important milestone and one that demonstrates Vuzix’ growing market leadership and enterprise value.  At the same time, we feel this should help raise awareness and the appeal of Vuzix within the institutional investment community.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

 




ThirdEye Now Available on FirstNet® Delivering Reliable Communications Capabilities for First Responders

FirstNet, built with AT&T, is a public-private partnership with the First Responder Network Authority (FirstNet Authority) – an independent agency within the federal government. It’s designed with and for first responders and the public safety agencies and extended community that could be called on to support them.

The ThirdEye X2 MR Glasses and RespondEye software support access to the physically separate and dedicated FirstNet network core, which enables First Priority® capabilities on FirstNet – always-on priority and, for first responders, preemption – and the FirstNet Band 14 spectrum. FirstNet eligible customers can feel confident the X2 MR Glasses combined with FirstNet services will provide the necessary critical connectivity in a reliable, highly secure and cost-effective manner.

As part of the agreement through the FirstNet Embedded IoT Program – a program that allows for industry leading FirstNet eligible devices to be combined with FirstNet to create a bundled, end-to-end solution for a single monthly fee for first responders, public safety agencies and extended community – the ThirdEye solution will include FirstNet connectivity.

This collaboration comes after ThirdEye successfully launched its pilot programs with the Marcus Hook and Upper Merion Fire Departments in Pennsylvania. ThirdEye’s X2 MR Glasses with the RespondEye software help prevent first responders from coming in contact with potential COVID-19 patients using the attachable FLIR (forward-looking infrared) thermal sensor to detect elevated body temperatures – one of the symptoms of the disease. By using the smart glasses, medics can be hands-free and receive digital information displayed live in their field of view.

“Our telehealth software assists first responders with their everyday tasks while also equipping them with the technology to help protect them from COVID-19,” said Nick Cherukuri, CEO and founder of ThirdEye. “FirstNet provides first responders access to the high-speed and reliable connectivity when facing emergencies. We continue to update the RespondEye’s features upon requests from the EMS teams as we work toward making the implementation of AR in healthcare the new norm.”

By wearing the smart glasses, a paramedic in the field can directly contact a doctor for assistance. The doctor can then stream live video from the scene to be displayed on a computer, tablet or smartphone at the hospital via the RespondEye platform. This allows the doctor to assess a patient and make treatment recommendations without having face-to-face contact. The RespondEye software is cross-compatible and runs on ThirdEye X2 MR Glasses as well as iOS/Android phones, tablets and web browsers. The software is currently free to first responders with tiered pricing for data usage being released soon.

“We’re pleased to welcome ThirdEye as a member of our FirstNet IoT Embedded Program,” said Scott Agnew, assistant vice president, product marketing, FirstNet Program at AT&T. “This allows us to further our mission to deploy, operate, maintain, and enhance the only nationwide wireless platform dedicated to public safety and the extended community that support public safety response.”

At just 300 grams, ThirdEye’s X2 MR Glasses are the lightest mixed reality glasses on the market and are suited for comfortable, extensive wear in all conditions. The glasses run on Android 9.0 and are powered by a Snapdragon xR1 Qualcomm processor chip. ThirdEye also developed custom augmented reality first responder software via its RespondEye software platform suite, which connects to the EMS backend systems. This software combined with ThirdEye’s HIPAA certification enables first responders to access all of their data on demand and safely via the X2 MR Glasses.

ThirdEye achieved HIPAA certification for its X2 MR Glasses and RespondEye Platform, HIPAA compliance is a requirement for vendors that handle any patient medical data to ensure the security of the patient’s information as well as confidentiality.

 




Saab to integrate Varjo Mixed Reality Technology into Gripen E/F simulators

Saab announced on 7 June that it would be working with Finnish firm Varjo to integrate the company’s technology into all simulators for the Saab Gripen E/F aircraft.

Saab’s Head of Tactical Environment Simulation and Visualisation Stefan Furenbäck said in a statement, “We are finalising the basic functionalities in our own simulator so that we can use Varjo’s XR-3 headsets in all our flight simulators. We’ve previously carried out smaller, independent prototype-like projects but now we’re integrating them into our actual flight simulators.”

A key aspect of this, according to Furenbäck, is that Varjo’s technology had allowed pilots to be able to read text and see small details when using the technology, which had been a common concern with other simulator systems.

As a result, the ability to use a high-fidelity goggle-based system has reduced the need for large static and semi-static simulation cave or dome systems for pilot training, allowing for improved training and mission rehearsal to take place at disparate locations that may lack the necessary infrastructure.

Seppo Aaltonen, chief commercial officer at Varjo, told Janes in late 2020 that the company had been working to improve the technology behind its goggle systems, which include the XR-3.

“If you think about commercially available devices, you can get 20–30% of the population feeling ill after usage. We specialise in the high-end professional virtual-reality and mixed-reality market. We have a host of technologies that we have employed to enable extended use, including ergonomics. One of these is individual pupil distance adjustment where we measure each student’s pupil distance and adjust the headset accordingly, and that reduces a lot of simulator sickness.”




AR and VR opens new doors for BMW Group

The article includes detail on the following:

  • Fast and flexible planning of new workstations in production, thanks to VR and digitised 3D factory data
  • Learning success and supervision quality with AR technologies as high as in one on one sessions
  • Authoring tool developed by the BMW Group makes it possible to design training courses without any coding knowledge
  • Target / actual comparison between camera image and CAD models for fast, straightforward quality checks of parts and vehicles

Read the full article here 




Augmented Reality Supports Space Advances

The mixed reality, computer aided design (CAD) 3D visualization tool is known as ProtoSpace. It has been crucial to the lab’s collaborative development of spacecraft, says the technical lead for ProtoSpace, Benjamin Nuernberger.

 

Nuernberger, a mixed reality researcher and developer who guides the Jet Propulsion Laboratory’s (JPL’s) related software architecture design and implementation, explains that ProtoSpace allows scientists to see 3D CAD models of the spacecraft through augmented reality. To use ProtoSpace, researchers employ the Microsoft HoloLens, a commercial off-the-shelf mixed reality head-mounted display device combined with the JPL’s augmented reality application to superimpose a 3D digital image into the real world—as opposed to a virtual reality environment that creates an entire digital world.

 

“ProtoSpace has been used for various stages of the mission life cycle, all the way from the stage where you have an initial CAD design and you want to communicate that design to other people, to the early design stage and trying to figure out the design decisions, then to find the optimal design and to validate those designs, and for planning and troubleshooting,” Nuernberger notes.

 

“It’s really great because all the different scientists and engineers can collaborate and see this spacecraft spatially, stereoscopically, floating in a conference room, or maybe overlaid onto the actual hardware in a clean room. It allows them to talk about it as if it was physically there.”

In February, NASA deployed Perseverance to Mars for two Earth years to search for signs of ancient life, collect rock and soil samples, demonstrate technology and advance the possibility of human exploration on the planet. In April and May, NASA conducted several successful demonstration flights of Ingenuity, first verifying that powered, controlled flight was even possible on the Red Planet, and later testing how aerial reconnaissance and other tasks could aid in the exploration of Mars.

 

Read the full article here

 




Rockwell Automation Unleashes New Possibilities for Industrial Companies in Asia-Pacific with LifecycleIQ(TM) Services

LifecycleIQ Services provide the transformative partnership that customers need and expect today. By combining digital technologies with expansive human know-how, the services help companies work faster, smarter and with greater agility at every point in their business cycle. The services can help companies realize the power of a Connected Enterprise during the design, operations, and maintenance stages in greenfield and brownfield facilities.

“LifecycleIQ Services create a more intimate customer engagement model, one that can help companies not only solve problems, but also see new possibilities in production and transform them into reality,” said Frank Kulaszewicz, senior vice president, Lifecycle Services at Rockwell Automation. “We’re investing in providing a wide range of holistic services to help companies be more productive, safe and secure anywhere in a product, process or plant lifecycle.”

Inbavanan Rathinam, senior director, Solutions & Services, Asia-Pacific at Rockwell Automation, said: “One challenge faced by many industrial players in Asia-Pacific is how to adopt smart manufacturing technology quickly whilst seamlessly integrating legacy equipment and machinery. LifeCycleIQ Services help to address this unmet need holistically, enabling enterprises to be future-ready by incorporating agility and flexibility in both infrastructure and processes.

“Driving efficiencies also continues to be increasingly important to businesses across every sector in the region, with growing attention on sustainable operations. LifeCycleIQ Services enables our customers to better plan and service every aspect of the plant, from design to safe operations, enabling reduced energy usage, minimized wastage, and maximized output.”

Industrial companies can use LifecycleIQ Services to achieve outcomes like:

Capturing more value from digital transformation initiatives

Digital initiatives can struggle to get off the ground because companies don’t know what steps to take or where to start. Using the knowledge and experience within LifecycleIQ Services, companies can strategically plan, implement and scale their digital initiatives.

Support can begin with defining strategic objectives, identifying use cases and quantifying business value. Rockwell Automation can then continue to support customers through implementation, ongoing maintenance and continuous innovation.

Reducing risk with comprehensive cybersecurity support

Cybersecurity is a top priority today, but few companies have specialists with both information and operations technology (IT/OT) security knowledge. Rockwell Automation is uniquely equipped to address complex security challenges in IT/OT environments. The company understands the OT environment and how it interfaces with IT and follows industry security standards.

LifecycleIQ Services can help companies adopt a proactive cybersecurity approach and address the entire attack continuum — before, during and after an event. Also, as more companies connect their plants to remote workers and partners like original equipment manufacturers (OEMs), Rockwell Automation can help protect those connections with secure remote access and security posture assessment services.

Improving workforce support

Companies need new ways to support their workforces as they contend with global health challenges and skills shortages brought on by the retirement of trained workers and an influx of new technologies. They also need workforce support as they seek to make the most of IIoT technologies.

LifecycleIQ Services can help companies address their unique workforce challenges and gaps by assessing needs, identifying priorities and creating workforce development programs. Rockwell Automation also uses remote support capabilities and augmented reality technologies to help companies interact virtually with support engineers, strengthen skills with virtual training, and provide safety and security services without sending people into plants.

To improve customer experiences, LifecycleIQ Services is also introducing a new way to receive multiple services in one contract. An Integrated Service Agreement allows companies to select a package of offerings to simplify their support needs and have just one number to call to access experts and receive priority service. Companies can get 24×7 technical support, repair services, reports and analytics, field services and more, all in one integrated contract.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 24,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.

 




AREA Continues To Welcome New Members To Alliance

Members joined during May 2021

Keen Research

Keen Research develops SDKs for on-device automatic speech recognition for devices running iOS, Android, Linux, or ChromeOS operating systems. The SDK uses a state-of-the-art speech recognition engine based on Deep Neural Networks at its core, and it includes a variety of acoustic models. – CEO, Ognjen Todic

Insider Navigation

A Vienna-based large-scale Augmented Reality company, founded in 2014, is the first company to offer AR-based indoor positioning for industrial solutions, which has been operationally in use for years.  Among the well-known customers are Volkswagen, Ford, JLL, Magna Steyr and many more. CSO, Lena Miglbauer

DoX Systems

DoX Systems is a Finnish software company founded in 1991 who develop retail systems that aid with technical documentation and related processes. Their current customers consist of large-scale enterprises and SMEs in Nordic countries. Sales, Tommi Tolvanen

 

Members joined earlier in 2021

Rockwell Automation

Looking to see how we can help our Clients – Member since Apr 2021 – Director of Digital Technology Office which includes all Industry 4.0 technologies. Director – Global Information Solutions Technical Consultants, Andrew Ellis

Xennial Digital

Xennial Digital is an XR company focused on immersive learning for enterprise and educational clients. CEO | CXO, Douglas Fajardo

Holo-Light

Holo-Light specializes in immersive software and technologies for the enterprise market. The company has developed a unique remote rendering SDK, ISAR, that allows users to stream entire big data XR applications in real time. Holo-Light also provides ARES Pro, a powerful XR software, enabling engineers to work and collaborate on 3D CAD data. Chief Marketing Officer – Co-Founder, Luis Bollinger

Augmented Reality Engineering FZE

We create Extended Reality experiences. We provide intuitive digital solutions to your tough problems. Covering industries from the workforce to academia. CEO, Akram Amir

INFRASI

“We simplify enterprise mobility with cost-effective, cloud-enabled and modern IT infrastructure solutions. By embracing and adopting this technology, your company becomes increasingly agile and effective, digitally transforming your business for maximum results.” CEO, Doyin Adewodu

Siemens DI SW

“Amid unprecedented change and the rapid pace of innovation, digitalization is no longer tomorrow’s idea. We take what the future promises tomorrow and make it real for our customers today. Welcome to… Where today meets tomorrow”.  Product Management Visualization, Ian Fisher.

 




Ford Motor in South Africa Slashes Travel Expenses After Rollout of RealWear’s Assisted Reality Heads-up Displays

  • According to the report, the hands-free, voice-controlled devices provide on-site automotive technicians instant access to Ford expert advice no matter where their dealership is located.
  • RealWear assisted reality solutions have enabled automotive technicians in South Africa to perform complex and difficult repairs faster and more accurately than ever before.
  • Ford is using the solution to cut the expense of sending experts to every far-flung location in their dealership network.
  • The devices have also enabled Ford to boost customer satisfaction by reducing wait-times and ensuring vehicles are repaired correctly the first time.
  • Ford will expand their use of RealWear’s headsets to more remote dealerships in South Africa – as well as to other locations in sub-Saharan Africa.

Ford’s Announcement Says it Gained Business Benefits From the RealWear HMT-1 Hands-Free Deployment

According to the article, global innovation leader Ford Motor Company has gained a series of business benefits after introducing RealWear HMT-1 assisted reality devices in their South African dealerships. Ford had previously rolled out RealWear’s solution in parts of Australia and Europe.

List of Benefits Provided

Ford is enjoying many benefits throughout their South African Dealerships. These include:

  • The ability for remote technicians to gain real-time access to Ford experts so they can complete difficult repairs faster, easier and more accurately than ever.
  • The ability to eliminate vehicle repair bottlenecks cause by the delays in on-site expertise.
  • The ability to significantly reduce the enormous expense of sending vehicle repair experts to far-flung remote locations.
  • The ability to boost customer satisfaction by repairing vehicles correctly the first time – and reducing customer vehicle downtime.

Ford says its employees have been very happy with RealWear’s solution.

Read the full article here. 

See RealWear’s AREA member profile here. 




Pixee Medical Surgery Solution Has Received Clearance to Enter U.S. Knee Surgery Market with Vuzix AR M400 Smart Glasses

Knee+ is a patented platform designed to assist orthopedic surgeons to perform surgeries better and faster by providing real-time positioning of instruments, directly in their field of view. Knee+ is intuitive and requires minimal training even for those who have never utilized navigation or robots since it does not change the overall technique for 90% of surgeons who use a conventional technique. Knee+ consists of proprietary software using unique computer vision and artificial intelligence algorithms and running on connected Vuzix M400 Smart Glasses, with no bulky capital equipment or disposables required. The solution is simple, accurate and much less expensive than surgical assistance robots.

The United States represents 50% of the worldwide market for knee replacement surgeries, and according to estimates there are more than 30,000 orthopedic surgeons in the U.S who carry out approximately 600,000 total knee replacements annually. Pixee Medical plans to start surgeries as soon as possible in the US with Digitally Augmented Surgeons to prove the efficiency of its breakthrough, affordable, and efficient solution, especially adapted for the growing surgery vertical of ambulatory surgical centers.

“The FDA’s clearance of Knee+ is an important step forward and we plan to quickly expand our platform to perform hip and shoulder replacements,” states Sébastien Henry, Founder and CEO of Pixee Medical. “In addition, our platform is designed to become the cornerstone of data acquisition and exchange during surgery as well as a plug-and-play hub for accessories like connected instruments, robotic arms and wireless tools. Vuzix’ M400 Smart Glasses play a vital role within our Knee+ solution.”

“We are thrilled to see Pixee Medical receive FDA clearance for Knee+ and we look forward to supporting the worldwide distribution of their innovative AR solution, particularly now in the U.S. market, which accounts roughly half of the world’s annual knee surgeries,” said Paul Travers, President and Chief Executive Officer at Vuzix. “The Vuzix M400 Smart Glasses are lightweight, comfortable and completely wireless and their high-performance camera is ideal for reading QR-code markers and precisely calculating the 3D coordinates of the instruments used during Knee+ surgeries.”

 

 




New AR deal to help steel industry protect vital skills and move towards net zero

The project will initially use Vuforia Studio technology to overlay live data – taken from the ThingWorx® industrial platform – to various points of the facility, so that operators moving around will be able to make informed decisions on changes to casting and melting lines or troubleshoot issues before they happen.

It is anticipated that Augmented Reality will make it easier for staff to hae the right information at exactly the right point they need it, whilst the use of HoloLens and RealWear glasses will mean the individual has both hands free to complete tasks.

This project will contribute to the sector’s longer-term desire to move towards a net zero steel works by 2050 and is part of the £22m PRISM steel and metals sector research and innovation programme being delivered by the Materials Processing Institute with funding provided through Innovate UK, part of UK Research and Innovation.

“The successful implementation of digital technologies has the potential to save tens of £millions every year,” explained Chris Oswin, Group Manager of Digital Technologies at the Materials Processing Institute.

“We are taking responsibility for exploring IIoT platforms and AR and working out how we can get the most out of them in a live steel plant, learning from testing and trials to identify best use cases.”

He continued: “This means we absorb a lot of the time and remove the initial expenditure that could act as a barrier to entry for companies in our industry, hopefully encouraging digital adoption as we will have proved it works and how it can be applied to businesses.

“PRISM is guided by a team of industry leaders on our Industrial Advisory Board, including the Aluminium Federation, British Manufacturing Plant Constructors’ Association, British Steel, Celsa Steel, Liberty Steel, Outokumpu Stainless Steel, Sheffield Forgemasters, Swansea University, Tata Steel and the UK Metals Council.”

The Materials Processing Institute has a long-term relationship with PTC, with the latest project following on from the introduction of ThingWorx as part of the £10m programme to explore how digital technologies can be implemented in brownfield manufacturing sites.

In addition to optimising processes and introducing new efficiency improvements, Augmented Reality will also be used to capture some of the traditional skills in the sector that could be lost if the knowledge of older workers is not retained before they retire.

This will be achieved by using PTC’s Vuforia ® software, with Vuforia Expert Capture allowing operators and technicians to film their daily tasks in step-by-step instructions, in situ of when and where they do their work.

This will be uploaded to ‘the Cloud’, which can then be accessed by new starters or people switching roles, using HoloLens or RealWear to get a real hands-on experience, or other devices such as mobiles, tablets or on desktop computers.

Furthermore, for problem resolution and live ‘on the job’ support, there is Vuforia Chalk. Using mobile devices, digital eyewear or seated at a desk – experts can connect with on and off-site employees and customers and collaborate in real-time. It combines live video, audio and the ability for remote and local participants to annotate their live shared view and mark-up the real-world environment.

“If we don’t act soon, we stand to lose so much knowledge from the industry and AR gives us a cost effective and easy way to retain skills and experience in a virtual library for generations to come,” added Chris.

“Working closely with PTC’s experts, we can tailor how we capture information, footage and skills in what is a very demanding and intense environment. We believe we’ve got the initial framework to start the roll-out and will continue to adapt the processes as we understand more about how digital technologies can play a role.”

David Grammer, general manager for UKI for PTC, went on to add: “Covid-19 has definitely thrust the digital thread into the spotlight, but there is still a resistance to adoption due to a lack of awareness of how it will deliver a genuine business benefit.

“This project with the Materials Processing Institute gives an entire sector the opportunity to explore how AR can be applied and developed in a real live steel plant without the potential disruption and cost of trying it in their own facilities.

“Businesses will be involved in the roll-out and informing some of the test cases and our team will be on hand to support experts at the Institute to get the most out of our technology and software.

“The end goal is that we will have proven business cases on how steel and metals companies can optimise processes using Augmented Reality and live data, not to mention protecting vital skills for the steel workers of the future.”

PTC, which has bases in the UK and Ireland, provides a host of technology solutions to help industrial companies create value for themselves and the rest of the world.

This is achieved through a combination of Augmented Reality, Industrial IoT, Product Lifecycle Management and CAD solutions.