Mitacs and Veyond Metaverse collaborate to make industrial metaverse a reality
Vancouver, BC — Mitacs is pleased to announce the signing of a new research collaboration agreement with extended reality (XR) technology leader, Veyond Metaverse. This collaboration between Mitacs and the Silicon Valley-based company will see the two organizations partner to develop haptic metaverse technology, AI applications for the Veyond Metaverse training platform, and a fully immersive AI-driven communication platform.
In the first phase of research, the partnership will work to improve usability challenges during augmented reality (AR) and virtual reality (VR) experiences, particularly in relation to controller-based interaction. Based on computer vision technology, this project will develop hand-based interaction software that enables users to interact with virtual objects in AR/VR without additional devices. Implementing this technology will remove the requirement for specialty devices and make metaverse interaction accessible from mobile, laptop, and other AR/VR environments.
Phase II of the project will include creating an AI-enabled digital twin factory and launching virtual campuses. These initiatives will help lower the steep learning curve typically required for building 3D content for the AR/VR environment while AI is a cornerstone technology, enabling non-programmers to develop their own metaverse. For example, the AI-enabled digital twin factory will allow pharmaceutical companies to replicate the cutting-edge manufacturing plant in any location and can provide education, training, and manufacturing collaboration anywhere and anytime.
Adam Choe and Dr. Joon Chung, Co-Founders of Veyond Metaverse
“This three-year collaboration with Veyond Metaverse and Mitacs initially aims to develop high-fidelity hand gesture technology. This technology will be embedded in the AI-driven advanced digital twin factory and communication systems. This platform is crucial for accelerating the development of metaverse applications across different verticals and industries.”
John Hepburn, CEO, Mitacs
“Mitacs is thrilled to partner with Veyond Metaverse and support their vision for an accessible industrial metaverse. Their work has profound implications for education, training, and technologically advanced communication capabilities. This type of industry collaboration is essential to driving global technology advancements.”
Mitacs is a national research organization that partners with Canadian academia, private industry, and government to operate research and training programs in industrial and social innovation fields. Mitacs is developing the next generation of innovators with vital scientific and business skills through unique research and training programs. Mitacs powers research and development creation by connecting the private sector with the best post-secondary institutions to solve organizational challenges — in Canada and internationally. Please visit www.mitacs.ca/programs.
About Veyond Metaverse
Veyond Metaverse offers a new and disruptive XR technology to medical education, surgical planning, training, augmented assisted surgical operations, pharmaceuticals, oncology treatment, and diagnosis verticals. Its proprietary communication platform enables global engagement and seamless collaboration, creating a more accessible, user-friendly ecosystem by leveraging the most technologically advanced communication capabilities. We seek to improve medical education and surgical training, save patients’ lives by enhancing surgery and diagnosis and expand worldwide access through the proprietary cloud platform. Veyond Metaverse is based in Silicon Valley, CA. Please visit www.veyondmetaverse.com.