Australian-operated company Harvest Technology Group has announced a new agreement to commence proof-of-concept trials with the Belgian producer of industrial smart glasses.
The ASX-listed company is a solutions provider for the energy, resources, and renewables sectors, and also focuses on remote control, communication, automation and monitoring solutions.
As part of the deal, Harvest Technology wants to integrate its Infinity Nodestream and Wearwolf technology into Iristick’s smart eyewear.
Iristick is an Antwerp-based firm creating industrial smart safety glasses with dual cameras, zoom lens, barcode scanner, voice commands, unrestricted field of view, and ‘full-shift’ battery capacity.
The initial agreement will continue the integration of Harvest Technology’s Infinity Wearwolf application into Iristick smart glasses, embedding them with the Infinity Nodestream video encryption and streaming protocols.
According to the company, the technology enables live secure point-to-point video and communications at ultra-low bandwidths and over poor quality or congested networks. Video and audio can be transferred as low as 32 kilobits per second (kbps).
Both companies completed prototype testing during December 2020 where the Wearwolf app was combined with the Iristick software development kit on a smartphone and work with the cameras, microphone and screen on the Iristick smart glasses.
Trial communications were successfully made and maintained between Perth, Australia and Brussels, Belgium at 128kbps. The final commercial product is expected to be launched in the first quarter of this year.
“The synergies between our two companies are synonymous with a motivation to deliver high-quality remote communications and assistance from anywhere in the world,” Mr Paul Guilfoyle, Harvest Technology group managing director, said.
“We have successfully proven our Wearwolf application on multiple wearable platforms and we are confident it can be quickly adapted for use across other wearable devices. Given the expected growth in the wearables market, we are forecasting more than a 1000 new Wearwolf licenses in 2021.”
The wearable market is projected to reach 31 million units by the year 2027, increasing at a compound annual growth rate of 104% between the period 2020-2027.