The startups previously referred to as Ultrahaptics and Leap Movement seem like heading in separate instructions once more after 5 years collectively led to important layoffs.
A Sky News report cites “sources” as saying the corporate is halving its workforce and plans to “search a purchaser for its hand-tracking enterprise.” Developer Max Thomas posted on X that he was in search of work after “the US workforce at Ultraleap was laid off”.
An Ultraleap spokesperson supplied the next assertion to Sky Information:
“Because the firm was established in 2019, Ultraleap has gained worldwide recognition because the main innovator in mid-air haptic and hand monitoring applied sciences.
Throughout this era, buyer wants and behaviours have frequently developed and we have to adapt our technique to mirror these modifications.
After a lot consideration, we have now made the troublesome determination to reshape a few of our divisions and cut back the dimensions of our workforce.
This determination has not been taken evenly, however it’s needed for us to adapt our enterprise to raised serve our market and our prospects.
We deeply admire the laborious work and dedication of everybody who has contributed to constructing Ultraleap.”
We have reached out to Ultraleap to attempt to get a determine for precisely how many individuals have been let go and can replace this text if we obtain extra info.
In Could 2019, Ultrahaptics bought Leap Motion to merge their complementary concepts – a haptic impact produced by way of ultrasound with industry-leading hand monitoring. It’s June 2024 now and Apple Imaginative and prescient Professional and Meta Quest push two ends of the standalone VR headset market with hand monitoring that does not use Leap Movement. And whereas few have ever felt the ultrasound haptic impact of Ultrahaptics, Leap Movement’s hand monitoring is utilized by many smaller producers to supply a strong hand-tracked person interface with out one other platform’s overhead.
Ultraleap Hyperion Makes The Best Hand Tracking Better
Ultraleap released Hyperion, the latest version of its industry-leading hand tracking software.
![](https://www.uploadvr.com/content/images/2024/05/Ultraleap-Hyperion.png)
Simply final week, Ultraleap had a sales space at Augmented World Expo in Lengthy Seashore the place representatives demonstrated Meta’s Ray-Ban glasses with an added sensor supposed for all-day gesture recognition. As members of the Khronos Group accountable for OpenXR, Ultraleap additionally helped form the implementation of hand monitoring assist within the {industry} commonplace that permits purposes constructed with it to be “run on any compliant gadget.”