Altia Systems Launches the PanaCast 3D VR Kit: a Virtual Reality Solution For Content Creators that Produces 3D Video in Real Time

PanaCast 3D VR Kit delivers 180° 3D content with full 4K resolution in real time, with in-device panoramic stitching, without the complexity of post-production stitching

Intel Capital Global Summit, San Diego, CA — October 24, 2016 — Altia Systems®, a CES 2016 Innovation Awards Honoree and recipient of the 2016 Frost & Sullivan New Product Innovation Award – today announced the PanaCast 3D VR Kit at the Intel Capital Global Summit. The PanaCast 3D VR Kit expands the PanaCast ecosystem portfolio, which includes PanaCast 2, the world’s first Panoramic-4K plug-and-play USB camera, and the PanaCast VR mode which allows for Panoramic-4K 2D immersive videos.

The PanaCast 3D VR kit brings immersive 3D experiences within reach of content creators interested in creating virtual reality (VR)/augmented reality (AR)/mixed reality experiences through real-time interaction, i.e., rapid prototyping and experimentation to get the best possible effect. The fully stitched 3D video is available for instant viewing through almost all popular 3D players.

panacast_3d_vr_kit_stand-edit

It can be enjoyed on smart phones with the Google Cardboard head-mounted display (HMD) or other low-cost HMDs, as well as high-end HMDs. On an HMD, the experience resembles what one would see on an immersive, cinematic screen, in 3D and with a portable solution that consumers can take anywhere. The kit enables content creators to easily provide immersive, cinema-like 3D experiences to their audiences.

In August, the company announced availability of the VR mode for PanaCast 2 to enable outdoor or live-action 2D immersive content creation; the PanaCast 3D VR kit extends that capability to 3D 4K content creation. Head-mounted displays, one of the fastest growth segments in the technology industry, are expected to have revenues of $21 billion by 2020 according to a Gartner report. Altia Systems aims to help fuel growth in 3D immersive content, by enabling  people to create, view and share their experiences from everyday life.

The PanaCast 3D VR Kit captures real-time, live action videos with 3840 x 2160 pixels/ frame. By providing fully stitched immersive content in real time, with 4K resolution, with a portable device, the PanaCast 3D VR Kit extends the reach of 3D content to industrial and commercial applications such as news reports, medical applications, education, virtual home and store tours, tourism, entertainment, etc.

“PanaCast 3D enables natural depth perception with a responsive system which mimics the human field-of-view. Our eyes provide synchronous visual information to our brain and enable depth perception based on the inter-pupillary separation between our two eyes. In this binocular arrangement, each PanaCast 2 functions as an electronic eye” said Yash Gupta, Director of Engineering for Camera Systems Development at Altia Systems.

 Creative Videography

The ability to preview videos in real time with a ‘what you see is what you get’ view allows consumers and professionals alike to record and share content with point-and-shoot simplicity. The fully stitched 3D content can be recorded and uploaded immediately without spending time and money on post-production techniques and proprietary stitching software. Sharing is made simple as the kit produces videos with live preview support and can be used by any broadcast app – such as Wirecast, Facebook Live or YouTube 360.

Aurangzeb Khan, President and CEO of Altia Systems, commented, “People love an immersive experience and when technology delivers something akin to how we see and experience the world, it’s breathtaking and memorable. Consumers like to buy easy-to-use devices that let them produce and share exceptional content. PanaCast 3D enables them to do all this in a simple, familiar way.”

Top-down, bottom-up 3D visualization

Pricing and Availability

The PanaCast 3D Kit is priced at $2,795 and is available now for early adopters, with general availability in Q1 2017.

About Intel Capital Global Summit

The Intel Capital Global Summit ‘16, held in San Diego from October 24th to 26th, is the venture capital industry’s premier networking event. The summit brings together hundreds of tech industry leaders and startup CEOs for three days of deal­making and idea-sharing. For more information, visit https://www.intelportfolio.com/globalsummit/

About Altia Systems®, Inc.

Altia Systems (getpanacast.com), a venture-backed company based in Cupertino, California, is the creator of the PanaCast camera system and PanaCast Experience real-time interactive software-as-a-service.

Funded by Intel Capital and other leading investors, Altia Systems’ PanaCast products and technology deliver industry-first results in real-time, in-device stitching of panoramic video from multi-camera systems, enabling a unique experience in immersive video collaboration.

PanaCast 2 is the world’s first Panoramic-4K Plug-and-Play USB video camera. It delivers a 180° wide field of view which replicates the natural human visual perspective.

The PanaCast 3D VR Kit is the first system to deliver 180° 3D content with full 4K resolution in real-time, with in-device panoramic stitching.

For more information, visit getpanacast.com, or see a demonstration video at getpanacast.com/solutions.

Follow @PanaCast1 on Twitter® for updates.

For more information please contact:

Belinda Young                                                 Priya Krishnan

BYPR                                                                 Altia Systems

Tele: +1 (206) 932-3145                                Tele: + 1 (408) 996-9710

Email: byoung@bypr.com                            Email: priya.krishnan@altiasystems.com

PanaCast® and Altia Systems® are trademarks of Altia Systems®, Inc. All other trademarks trade names, brand names, company names and/or logos appearing in this news announcement are the property of their respective owners.