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RealWear
Hardware
RealWear is a Vancouver, Washington-based industrial technology company making rugged, voice-controlled headset computers that let frontline workers access information and video calling hands-free while performing physical tasks.
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RealWear was founded in 2016 by Andy Lowery and Chris Parkinson, based on the observation that frontline industrial workers, such as those performing equipment maintenance, manufacturing tasks, or field service repairs, often need to consult technical documentation, take photos, or connect via video call with remote experts while their hands are occupied with physical tools and tasks, a scenario where traditional handheld devices like smartphones or tablets are poorly suited since workers cannot easily hold and operate them while their hands are busy with other physical work, creating demand for wearable, hands-free computing devices specifically designed for these industrial use cases. RealWear's core product is a rugged, industrial-grade headset device, worn similarly to safety glasses or attached to a hard hat, featuring a small display positioned in the wearer's peripheral vision along with voice command controls that let workers navigate the device's interface, access documents and instructions, take photos or videos, and conduct video calls with remote experts entirely hands-free, letting frontline workers access digital information and remote assistance without needing to set down tools or interrupt physical tasks the way using a traditional smartphone or tablet would require. The company's devices have been designed to withstand demanding industrial environments, including exposure to dust, moisture, and other harsh conditions common in manufacturing plants, oil and gas facilities, and other industrial settings, differentiating RealWear's ruggedized industrial devices from consumer-oriented augmented reality or wearable computing products not built for these demanding physical conditions. RealWear's technology has found particular application in remote expert assistance scenarios, letting an on-site frontline worker connect via hands-free video call with a remote specialist who can see exactly what the on-site worker is seeing and provide real-time guidance, useful for complex equipment troubleshooting or maintenance situations where the specific expertise needed may not always be physically available on-site. The company's customers span manufacturing, energy, utilities, and other industrial sectors with significant frontline field service and maintenance workforces. RealWear has raised substantial venture funding from investors including Teradyne, Kopin Corporation, and Bose Ventures.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
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