Comment on Microsoft lost billions of dollars on HoloLens, and its huge IVAS military contract is in trouble

Microsoft lost billions of dollars on HoloLens, and its huge IVAS military contract is in trouble

A US Army soldier wearing a prototype IVAS headset.US ArmyMicrosoft is discontinuing HoloLens after losing billions of dollars on the project.The company's 10-year IVAS contract to make goggles for the Army is worth up to $22 billion.Microsoft is pulling back on IVAS work, putting its involvement in the contract in doubt.Microsoft lost billions of dollars on its HoloLens mixed-reality project, and the company's involvement in a related contract with the US Army is in doubt, according to people familiar with the situation.The software giant recently confirmed plans to halt production of the HoloLens 2 headset and will stop supporting the device.

 

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