Varjo

Varjo's business model is centered on selling high-performance tethered headsets directly to enterprise clients and through a global reseller network spanning over 40 countries. This is complemented by a subscription-based software and support service, which provides access to Varjo's proprietary software suite and unlocks advanced features. The company primarily serves demanding industries such as aerospace, defense, automotive, medical, and research, with clients including major corporations like Boeing, Volvo Cars, Siemens, and Lockheed Martin. These organizations use Varjo's technology for complex applications like pilot and astronaut training, vehicle design and prototyping, and advanced scientific research.

The company's product line began with the VR-1 in 2019 and has since evolved through several generations, including the XR-3 and VR-3 in 2020, and the more recent XR-4 series. Varjo's key technological differentiator is its 'Bionic Display,' which uses a high-density display in the center of the field of view to mimic the fovea of the human eye, providing extreme clarity where the user is looking. Its headsets feature integrated eye-tracking, hand-tracking, and, in the XR models, LiDAR and high-resolution video pass-through for seamless mixed reality experiences. In addition to hardware, Varjo offers a software ecosystem including the Varjo Reality Cloud platform, designed to stream and share immersive 3D environments, and provides professional consulting services to help clients deploy XR solutions at scale.