19 April 2021, 3:18 am EDT By ( Photo by efes from Pixabay )
Microsoft has recently announced that it had just officially won a deal to supply the US Army with AR or augmented reality headsets. These upcoming headsets are reportedly going to be based on the company s HoloLens product and also backed up by the Azure cloud computing services.
Microsoft AR Headset Contract with the US Army
The contact could reportedly be worth all the way up to $21.88 billion over the course of 10 years according to a Microsoft spokesman s statement to Reuters. It was also said that over the course of the past two years, Microsoft has actually been working with the US Army on the new prototyping phase of what would be called the IVAS or the Integrated Visual Augmentation System.
Microsoft Corp.âs multibillion-dollar deal to build customized versions of its HoloLens goggles for the U.S. Army is moving forward, one year after the Senate considered freezing half the contract.
The deal, initially unveiled three years ago, is now worth as much as $21.9 billion over 10 years, according to Microsoft. The agreement runs for an initial five years, with an option to add another five years. The software maker will manufacture the augmented-reality devices in the U.S. The Army announced the contract Wednesday on its website.
Microsoft shares jumped almost 3% to $238.29 after the news.
The program, known as the Integrated Visual Augmentation System, or IVAS, aims to develop a âheads-up displayâ for U.S. ground forces, similar to those fighter pilots use in the cockpit. The system would let commanders project information onto a visor in front of a soldierâs face, and would include other features such as night vision. In October 2018, the U.S. Army a
Microsoft Corp.’s deal to build customized versions of its HoloLens goggles for the U.S. Army is moving forward, one year after the Senate considered freezing half the contract.
Microsoft Corp.’s deal to build customized versions of its HoloLens goggles for the U.S. Army is moving forward, one year after the Senate considered freezing half the contract.
Microsoft to make high-tech goggles for US Army in $22 billion deal capitalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalgazette.com Daily Mail and Mail on Sunday newspapers.