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WiMi Hologram Announces Plans To Develop WiMi HoloPulse LiDAR, Its 3D Holographic Pulse Laser Processing Device

BEIJING, March 16, 2021 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading Hologram Augmented Reality ("AR") Technology provider, today

· 03/16/2021 06:01

BEIJING, March 16, 2021 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading Hologram Augmented Reality ("AR") Technology provider, today announced its plans to develop WiMi HoloPulse LiDAR, its 3D holographic pulse laser processing device. The Company made the decision to begin the product development process in light of the strong market demand that it has observed from several of its industry application customers since it obtained the patent for its 3D holographic pulse laser processing device.

The Company plans to develop WiMi HoloPulse LiDAR as a versatile holographic pulse 3D solid-state LiDAR that is capable of detecting objects from more than 200 meters away and capturing high-resolution 3D holograms. The LiDAR will use microvibrators from microelectromechanical systems (MEMS) to provide high resolution, long detection ranges, and wide fields of view. LiDAR will utilize dynamic controls to facilitate the flexible adjustment of its vertical resolution and frame rates, including the dynamic definition of focus areas.

In terms of smart technology, LiDAR is the technological equivalent of a set of eyes. With the rapid development of intelligent robots, autonomous vehicles, autonomous drones, medical imaging, Internet of Things, and other industries, LiDAR's market scale should grow exponentially in the future. To better meet its customers' needs, the Company plans to launch its WiMi HoloPulse LiDAR products in three phases. The Company plans for WiMi HoloPulse LiDAR to be a small-sized, light weight, and multi-functional holographic pulse LiDAR sensor with a long detection range, wide field of view, and unique scanning pattern. The Company also plans for WiMi HoloPulse LiDAR to come with its own point cloud interface and to not require an additional adapter for connection when under operation. The WiMi HoloPulse LiDAR solution will offer a software development kit along with its hardware product. This kit will feature such functionalities as, target detection, categorization, and measurement. The Company will integrate software recognition algorithms into WiMi HoloPulse LiDAR to provide solutions across various industries, including autonomous driving, environmental perception, 3D holographic imaging, advanced driver assistance systems (ADAS), traffic management, and 3D printing, which will help to rapidly expand the market for holographic technology applications.

About WIMI Hologram Cloud Inc.