Microsoft is discontinuing HoloLens after losing billions of dollars on the project. The company's 10-year IVAS contract to make goggles for the Army is worth up to $22 billion.

Microsoft and Anduril Industries have broadened their collaboration to boost the next stage of the US Army's Integrated Visual Augmentation System (IVAS) programme.

Microsoft currently holds the $22 billion IVAS contract, but is preparing to hand it off to Anduril. Investor Alert: Our 10 best stocks to buy right now › ...

Microsoft and Anduril have previously collaborated to integrate Anduril’s Lattice platform into IVAS to provide rapid AI-enabled situational awareness capabilities to enhance soldier safety and ...

Microsoft’s IVAS team will move over to Anduril, said one source familiar with the discussions, who added that the Pentagon has been largely supportive of the proposal.

Anduril and Microsoft partner to advance the IVAS program, delivering next-gen AR/VR and AI capabilities to the US Army, enhancing battlefield awareness and mission command.

By 2028, Microsoft’s beleaguered mixed reality brand will no longer be supported. Now, all that’s left of HoloLens is the Integrated Visual Augmentation System, or IVAS.

Anduril Industries, the defense tech company founded by Oculus founder Palmer Luckey, announced it’s partnering with Microsoft to boost the company’s militarized, HoloLens 2-based AR headset ...

Microsoft has now teamed up with Anduril Industries, the military tech company started by Oculus VR founder Palmer Luckey, to improve its IVAS mixed reality headsets used by the US Army.

Now Microsoft will be relegated to just offering its Azure cloud services to support the development of the artificial intelligence software that IVAS will employ.