Ultraleap, the company that developed the Leap Motion 2 hand tracking controller, is currently undergoing a major restructuring. As part of the changes, Ultraleap is laying off half of its staff and planning to sell its hand tracking technology. However, the company will keep its haptics projects and create a new company based on them. These changes come as a surprise to many people, especially after Ultraleap recently launched its latest hand tracking technology called Hyperion.
Ultraleap has been known for its cutting-edge innovations in hand tracking technology. The news of selling this technology is quite unexpected, but Ultraleap’s focus on haptics technology shows promise for the future of the company. Haptics technology aims to provide tactile feedback to users’ hands and fingers while interacting with mixed reality elements in the air. This could pave the way for new opportunities in virtual reality headsets.
While Ultraleap has not officially confirmed the business restructuring, layoffs are already taking place. The decision to restructure was made to better serve the market and customers, according to a spokesperson. Despite this change, there is hope that Ultraleap’s haptics technology will be integrated into VR headsets in the future, providing opportunities for those who have been affected by job cuts.
Just seven months ago, Ultraleap released the DPVR E4 Arc headset which also featured its hand tracking technology. The company was known for its innovative approach towards hand tracking technology and these developments are expected to continue shaping up the future of virtual reality.