Sightful, the creators of the Spacetop AR laptop, announced that it would disband its hardware division, aligning with a long-term strategic decision to develop AR software instead. The company also laid off 20 employees as part of the restructuring.
The company explained that “rapid” advancements in the “broader” market aligned with the firm’s long-term strategic vision to scale staffing down, focusing on software, and “bringing AR productivity to as many people as possible.”
Analyst QuickTake: Sightful likely faced heavy competition from Meta's Quest 3 and Apple's Vision Pro headsets. These products also offer productivity-focused capabilities, such as large virtual canvases, a key selling point for Sightful's AR laptop.
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