Magic Leap and HoloLens competing for military funding
Magic Leap and Microsoft are reportedly in a bidding war for a contract with the US Army to develop their respective AR devices for its soldiers.
Bloomberg reports that both companies are in the running for the military partnership, which could see the United States spending up more than $500 million on over 100,000 augmented reality headsets. This is part of a program currently known as HUD 3.0.
Sources tell the site Magic Leap is in a stronger position as its technology aligns with the army's technical requirements, such as waveguide optics, which the start-up has been working on for years.
Microsoft has confirmed it attended a meeting with Army officials about this proposed AR program. Magic Leap has yet to do so, although Bloomberg notes that employees did attend a meeting in early August under the guides of ML Horizons - a company that shares its address with Magic Leap.
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