Privately held defense stock Anduril Industries is shaking up the defense industry. Palmer Luckey, co-founder of the company, ...

The software giant’s AR-for-Army project is called the Integrated Visual Augmentation System (IVAS) and began in 2018 using hardware based on Microsoft's now-discontinued HoloLens headsets. It ...

IVAS was initially awarded to Microsoft in 2018 to develop augmented reality headsets for soldiers based on a ruggedized version of HoloLens. The initial budget for IVAS was set at $21.9 billion.

If the deal is approved by the Defense Department, Microsoft will become a preferred provider of cloud computing for IVAS and other Anduril AI efforts, the companies said. Microsoft’s IVAS team ...

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Palmer Luckey’s defense company Anduril is taking over Microsoft’s beleaguered Integrated Visual Augmentation System (IVAS) program, which seeks to produce battlefield AR headsets for the ...

Microsoft discontinued the HoloLens 2 ... We remain committed to the IVAS program and will shift our focus to cloud and AI technologies, which will serve as the foundation for IVAS as a ...

Under awaiting Department of Defense approval, the arrangement gives Anduril control over manufacturing, hardware and software development, and delivery schedules. Under the arrangement, Anduril ...

Microsoft currently holds the $22 billion IVAS contract, but is preparing to hand it off to Anduril. Assuming the U.S. Army permits it, Anduril will take over IVAS from Microsoft. Privately held ...

In a shocking development, Anduril announced earlier this month that it is partnering with Microsoft (NASDAQ: MSFT) to develop an Integrated Visual Augmentation System (IVAS) for the U.S. Army.