Ultraleap Plans to Sell its Hand Tracking Group

Max Thomas

on X said he was looking for work after “the US team at Ultraleap were laid off”.

A spokesperson from Ultraleap provided the following statement to Sky News:Sky News report“Since Ultraleap’s establishment in 2019, it has gained international recognition as the leading innovator in mid-air haptic and hand tracking technologies. We need to adapt our strategy to reflect these changes. Developer Max Thomas posted on X that he was looking for work after “the US team at Ultraleap was laid off”.

An Ultraleap spokesperson provided the following statement to Sky News:

“Since the company was established in 2019, Ultraleap has gained international recognition as the leading innovator in mid-air haptic and hand tracking technologies.

During this period, customer needs and behaviours have continually evolved and we need to adapt our strategy to reflect these changes.

After much consideration, we have made the difficult decision to reshape some of our divisions and reduce the size of our team.

This decision has not been taken lightly, but it is necessary for us to adapt our business to better serve our market and our customers.

We deeply appreciate the hard work and dedication of everyone who has contributed to building Ultraleap. “

We’ve reached out to Ultraleap to try and get a figure for exactly how many people have been let go and will update this article if we receive more information.

In May 2019, Ultrahaptics bought Leap Motion to merge their complementary ideas – a haptic effect produced through ultrasound with industry-leading hand tracking. Apple Vision Pro, Meta Quest and other standalone VR headsets are pushing the market in June 2024 with their hand tracking without Leap Motion. And while few have ever felt the ultrasound haptic effect of Ultrahaptics, Leap Motion’s hand tracking is used by many smaller manufacturers to offer a robust hand-tracked user interface without another platform’s overhead.

Ultraleap Hyperion Makes The Best Hand Tracking Better

Ultraleap released Hyperion, the latest version of its industry-leading hand tracking software.

Just last week, Ultraleap had a booth at Augmented World Expo in Long Beach where representatives demonstrated Meta’s Ray-Ban glasses with an added sensor intended for all-day gesture recognition. Ultraleap, as members of Khronos Group that is responsible for OpenXR and the Khronos Group’s hand tracking standard has also contributed to the development of this industry standard. This allows OpenXR applications developed with Ultraleap to “run on any device compliant”. “



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