The News: Arcturus, a leading platform in volumetric video editing and streaming, announced it is partnering with Microsoft’s Mixed Reality Capture Studios (MRCS), which will result in Arcturus taking charge of all existing and future MRCS licenses, and Arcturus will contribute to the development of new MRCS stages. In addition, Arcturus plans to incorporate its HoloSuite tools in the near future, which will provide users with the ability to edit volumetric video content captured by MRCS. Read the Press Release on Arcturus website.
Arcturus Partners With Microsoft Mixed Reality Capture Studios
Analyst Take: Arcturus, a leading platform in volumetric video editing and streaming, announced it is partnering with MRCS, which will result in Arcturus taking charge of all existing and future MRCS licenses, while also contributing to the development of new MRCS stages. In addition, Arcturus plans to incorporate its HoloSuite tools in the near future, which will provide users with the capability to edit volumetric video content captured by MRCS. Volumetric video is a technique that captures a three-dimensional space, such as a location or performance which acquires data that can be viewed on flat screens as well as using 3D displays and VR goggles.
Arcturus’s HoloSuite feature enables users to capture, edit, compress, and stream three-dimensionally filmed humans into any spatial AR/VR headset, such as Meta Quest or Apple Vision Pro, and 3D environments, such as Unity, Unreal, iOS, Android, the web, and others. Arcturus, which was established in 2016, secured a notable $11 million in a Series A funding round led by Cloudtree Ventures in January 2022. Arcturus raised a $5 million seed funding round, with contributions from Harris Blitzer Sports & Entertainment Ventures and Marc Merrill, the co-founder and co-CEO of Riot Games.
MRCS software leverages data that is collected from more than 100 cameras to generate realistic 3D videos that are suitable for live broadcasts and mixed reality experiences, among other applications. MRCS software provides one of the highest-quality capture solutions on the market today, processing data with sophisticated reconstruction software to create high-quality, photorealistic 3D video. By integrating MRCS technology with Arcturus’ HoloSuite tools, users will be able to take captured data, edit it, and then stream a compressed version to any device without loss of quality, all within the same pipeline. For content creators, the collaboration of Arcturus and MRCS will enable those looking to leverage the power of volumetric video with a complete end-to-end capture solution through Arcturus. Arcturus has one of the most advanced 3D capture and reconstruction systems in existence, and now will be paired with an award-winning editing and streaming tool.
“Arcturus has obsessed over MR and volumetric video for a decade, and our primary goal has always been to advance the state of volumetric production as a whole,” said Kamal Mistry, Arcturus CEO. “The MRCS technology gives us the opportunity to work with some of the best creators and studios in the world. By partnering with them, we will find comprehensive solutions that can help make volumetric technology more accessible, while introducing more options for how to use it.”
Arcturus, as an MRCS partner, plans to provide both the license and the expertise to help users set up a full studio from scratch or adapt an existing studio with on-site consultants who will walk the client through the installation and construction process, and Arcturus will continue to offer on-demand support as needed once a client is up and running, Arcturus is planning to include the use of AI to improve video quality using fewer cameras in the future.
Disclosure: The Futurum Group is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
Analysis and opinions expressed herein are specific to the analyst individually and data and other information that might have been provided for validation, not those of The Futurum Group as a whole.
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Author Information
Clint brings over 20 years of market research and consulting experience, focused on emerging technology markets. He was co-founder and CEO of Dash Network, an integrated research and digital media firm focused on the CX market, which was acquired by The Futurum Group in 2022. He previously founded Tractica with a focus on human interaction with technology, including coverage of AI, user interface technologies, advanced computing, and other emerging sectors. Acquired by Informa Group, Clint served as Chief Research Officer for Informa’s research division, Omdia, with management and content strategy responsibility, formed by the combination of Tractica, Ovum, IHS Markit Technology, and Heavy Reading.
Clint was previously the founder and President of Pike Research, a leading market intelligence firm focused on the global clean technology industry, which was acquired by Navigant Consulting where he was Managing Director of the Navigant Research business.
Prior to Pike Research, Clint was Chief Research Officer at ABI Research, a New York-based industry analyst firm concentrating on the impact of emerging technologies on global consumer and business markets.
Clint holds a Master of Business Administration in Telecommunications Management from the University of Dallas and a Bachelor of Arts in History from Washington & Lee University.
