Bristol tech company that develops hand-tracking solution gets $50M backing from Tencent

The future is a place where infinite worlds are at your fingertips and you can interact both naturally and in 3D without any controllers. Understanding this, Bristol-based Ultraleap, the world-leading hand tracking, and unparalleled mid-air haptic technologies let you engage naturally with the digital world without touching surfaces.

Ultraleap makes hand-tracking haptic (touch) technology. It works with Qualcomm, Varjo, and others to create high-end enterprise applications for Extended Reality (XR). Its spatial interaction technology solutions offer a haptic module that enables the integration of virtual touch and an optical hand tracking module, which has the capability to capture the movements of a user’s hands with unparalleled accuracy and near-zero latency.

Also, it offers a TouchFree application, which enables to add touchless gesture control to interactive screens. The software application runs on an interactive kiosk or advertising totem and has the capability to detects a user’s hand in mid-air and converts it to an on-screen cursor.

Ultraleap’s technology witnessed a huge demand during the pandemic, where interfaces that work sans human touch help prevent spreading the novel coronavirus. Recently, Ultraleap established a partnership with Simply NUC to use its TouchFree system with computers. It wants to bring the TouchFree application to market to meet the increasing demand for touchless interaction.

This technology will likely play a role in AR headsets and smartglasses, where hand gestures are a prevalent form of user input. Already, Ultraleap has integrated its Gemini software into the Varjo XR-3 headset and Qualcomm’s Snapdragon XR2 reference design.

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