Magic Leap plans to launch its second-gen AR headset in Q4 2021

Magic Leap will be launching its second-generation AR headset in Q4 of 2021, CEO Peggy Johnson has announced at Saudi Arabia's Future Investment Initiative. Presumably called Magic Leap Two, the headset will be much more compact than its predecessor being 50% smaller, 20% lighter, and with a 100% larger field of view.

Zoom In: Pivoting to enterprise use case, Magic Leap is competing more directly with Microsoft's HoloLens 2, which is geared towards XR experiences in education, manufacturing, and industrial-type uses.