Coming Soon: Cyclist Goggles With Fighter Pilot Technology
- Elbit to sell first consumer product in years through spin-off
- Augmented reality will create map overlay, give metrics
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Elbit Systems Ltd., the Israeli drone maker, is gearing up to sell its first consumer product in nearly a quarter-century -- augmented reality smart glasses for bicycle riders, equipped with technology developed for fighter-pilot helmets.
Made by Everysight, an Elbit spinoff, the glasses have a map-projection overlay that helps riders navigate new terrain, gives real-time performance metrics and allows cyclists to receive notifications, calls and text messages. Chief Financial Officer Joseph Gaspar said the solution is similar to obstacle-avoidance technology for autonomous cars developed by Mobileye NV, an Israeli company that Intel Corp. bought in March for $14.7 billion.