Lightspace Labs
Lightspace Labs (Lightspace Technologies Ltd.) is a Latvian deep-tech company that designs and builds patented multi-focal AR headsets for healthcare and defense use cases, including surgical visualization, medical training, situational awareness, and drone piloting, selling customized hardware and professional services under multi-year B2B contracts.
- Company typePrivate
- Founded2014
- HeadquartersMarupe, Latvia
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Lightspace Labs does
Lightspace Labs (legal entity Lightspace Technologies Ltd.) is a Latvian deep-tech company, founded in 2014, that designs and builds multi-focal augmented reality headsets for life-critical environments in healthcare and defense. Its core offering is built around a patented multifocal optical architecture for near-eye displays, which the company claims enables natural eye comfort during extended use, volumetric image projection, and sub-millimeter precision when integrated with medical-grade, outside-in pose tracking. Quantified claims include a 40% cognitive speed advantage versus conventional AR solutions and outstanding image quality in geometry, detail, and color reproduction.
The product portfolio centers on customized multi-focal AR headsets deployed for medical training and education, pre-operative planning from patient-specific MRI/CT, intra-operative visualization and navigation, remote collaboration, and military use cases including situational awareness, training, command-chain implementation, and hands-free drone piloting. Headquartered in Mārupe, Latvia (EU) with a regional office in Sunnyvale, California, the company has been part of Finnish defense and security technology group Summa Defence Ltd. since 2024. Leadership comprises CEO Madara Kalnina Kalnmale and Chairman/CTO Ilmars Osmanis, with a founder cited as having two NASDAQ IPOs to his name.
The business operates a sales-led B2B model with revenue generated from hardware sales of customized AR headset batches and from professional services including feasibility studies, proof-of-concept evaluation, and platform optimization for specific use cases. Engagement is multi-year and contract-based, with pricing determined per use case rather than via public list pricing. Cumulative disclosed funding since founding totals approximately $20.3 million across 14 rounds, including grant and equity capital from BaltCap, HansaMatrix, Imprimatur Capital Fund Management, the European Commission, the European Innovation Council, and Ardelta. The company also acquired display manufacturer EuroLCDs Ltd. in April 2018 to vertically integrate panel capability.
Lightspace Labs firmographics
Firmographics- Name
- Lightspace Labs
- Legal name
- Lightspace Technologies Ltd.
- Website
- https://lightspace3d.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Lightspace Labs (Lightspace Technologies Ltd.) is a Latvian deep-tech company that designs and builds patented multi-focal AR headsets for healthcare and defense use cases, including surgical visualization, medical training, situational awareness, and drone piloting, selling customized hardware and professional services under multi-year B2B contracts.
- Ownership category
- akta.pro rank
Lightspace Labs industry classification
Industry- Product category
- Augmented Reality Headsets
- NAICS
- Computer and Peripheral Equipment Manufacturing (33411)
- SIC
- Optical Instruments & Lenses (3827)
- akta.pro primary industry
- AR/VR & Spatial Computing (SLAM, 3D vision) (HDAAAEAJ)
- akta.pro secondary industry
- AR Smart Glasses (CRACAIAE)
Keywords
Where Lightspace Labs is headquartered
LocationHeadquarters
- HQ city
- Marupe
- HQ country
- Latvia
- HQ region
- Europe
Offices2 records
Markets served
Lightspace Labs business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales - AR Headsets and Near-Eye Displays: Supply of customized product batches of Near-eye displays and Augmented Reality headsets based on Lightspace patented Multifocal optical architecture. One-time hardware sales with B2B customization.
- Professional Services: Feasibility study and proof of concept for evaluation of technology suitability for specific use cases. Optimization of platform for specific use case and customization services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Feasibility Study and Proof of Concept |
| Other | Multi-year contract | Platform Optimization and Customization |
| Unit Pricing | Multi-year contract | Customized Product Batch Supply |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Lightspace Labs product offering
Product offeringCore offering
Lightspace Labs develops and supplies multi-focal Augmented Reality (AR) headsets and near-eye display systems based on its patented multi-focal optical architecture. The company sells customized AR hardware batches and provides feasibility studies, proof-of-concept evaluations, and platform customization services for enterprise clients in healthcare and defense sectors. Its AR headsets enable volumetric image projection, sub-mm precision optical overlays, and eye-comfort use over extended periods in life-critical environments.
Product overview
Lightspace Labs offers a unified product portfolio centered on Multi Focal AR Headsets — volumetric and multi-focal near-eye display systems designed for life-critical healthcare and defence applications. The core product delivers near-distance precise AR visualization with proven cognitive speed advantages, natural eye comfort for long use periods, and outstanding image quality in geometry, detail, and colour reproduction. The company operates a B2B business model providing feasibility studies, proof-of-concept evaluation, platform customization, and supply of customized product batches for specific use cases.
Differentiator
Problem solved
Functional benefit
Products and services
- Multi Focal AR Headsets Volumetric and multi-focal augmented reality near-eye display headsets designed for life-critical environments in healthcare and defense. The headsets provide natural eye comfort for extended use, outstanding virtual image quality with enhanced depth perception, and integration with medical-grade outside-in pose tracking systems for sub-mm precision of optical overlays.
- Feasibility Study and Proof of Concept Services Professional services that evaluate the suitability of Lightspace multi-focal AR technology for specific enterprise use cases. Includes reference product platforms, platform optimization, and customization of near-eye displays or AR headsets for client-specific applications in healthcare and defense.
Quantifiable outcome
- 40% cognitive speed advantage
- +1 more outcomes
Companies that use Lightspace Labs
Customer profileSegments2 records
Ideal customer profiles2 records
Lightspace Labs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Lightspace Labs partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
Lightspace Labs competitors and assessment
Company assessmentEmerging players
- Surgical Theater: Surgical Theater provides VR/AR pre-operative planning and patient-specific visualization for surgeons. It overlaps with Lightspace's pre-operative planning and medical training use cases, though via software/display rather than proprietary optics.
- Augmedics: Augmedics builds AR surgical visualization systems (xvision Spine) that overlay 3D anatomy on patients during surgery. It is an emerging medical AR peer with overlapping intra-operative visualization use cases.
- MediView XR: MediView develops AR visualization and navigation for minimally invasive procedures and ablation. It competes with Lightspace in the medical AR visualization niche and targets similar surgical workflows.
Broad incumbents
- Microsoft (HoloLens): HoloLens is the dominant enterprise and clinical AR headset platform, used for surgical visualization, training, and industrial workflows. As a broad incumbent with massive R&D resources, it sets the performance bar Lightspace must beat.
- Pico (ByteDance): Pico, owned by ByteDance, sells VR/AR headsets for enterprise and consumer use. It is a broad incumbent that increasingly targets enterprise and medical verticals with capital-intensive hardware competition.
- Epson (Moverio): Epson's Moverio line of AR smart glasses targets enterprise, industrial, and medical visualization use cases. As a broad incumbent, it competes with Lightspace for B2B AR headset deployments with global distribution.
Direct peers
- RealWear: RealWear makes ruggedized AR headsets for industrial and field-service workers. It is comparable to Lightspace in targeting life-critical/enterprise workflows with hands-free, voice-controlled near-eye display hardware.
- Magic Leap: Magic Leap develops spatial computing AR headsets for enterprise and healthcare use cases. It is one of the closest direct competitors to Lightspace in the multi-focal / advanced near-eye display category.
- Vuzix: Vuzix manufactures enterprise AR smart glasses and waveguides for industrial and medical applications. It is a direct peer because it sells customized AR near-eye display hardware to similar B2B enterprise customers.
- Ostloong Innovations (previously DAQRI) successors: Ostloong (and former DAQRI assets) develops AR optics and smart glasses. It is comparable to Lightspace as a peer in the AR near-eye display / optics layer serving enterprise customers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Lightspace Labs social profiles
Digital presenceLightspace Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lightspace Labs leadership team
Management profileNumber of profiles
Profiles3 records
Lightspace Labs funding detail
Funding detailFunding overview
Funding rounds13 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lightspace Labs M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lightspace Labs
What does Lightspace Labs do?
Lightspace Labs develops and supplies multi-focal Augmented Reality (AR) headsets and near-eye display systems based on its patented multi-focal optical architecture. The company sells customized AR hardware batches and provides feasibility studies, proof-of-concept evaluations, and platform customization services for enterprise clients in healthcare and defense sectors. Its AR headsets enable volumetric image projection, sub-mm precision optical overlays, and eye-comfort use over extended periods in life-critical environments.
Is Lightspace Labs a public or private company?
Lightspace Labs is a private company. It is classified as corporate owned and is currently operating.
When was Lightspace Labs founded?
Lightspace Labs was founded in 2014. It employs 11 to 50 people.
Where is Lightspace Labs based?
Lightspace Labs is headquartered in Marupe, Latvia, in the Europe region.
How does Lightspace Labs make money?
Two revenue lines are on record. Hardware Sales - AR Headsets and Near-Eye Displays are the primary driver. The others are professional Services.
Who are Lightspace Labs's main competitors?
Emerging players on record are Surgical Theater, Augmedics and MediView XR. Broad incumbents are Microsoft (HoloLens), Pico (ByteDance) and Epson (Moverio). Direct peers are RealWear, Magic Leap, Vuzix and Ostloong Innovations (previously DAQRI) successors.
Does Lightspace Labs have an API?
No public API is recorded for Lightspace Labs.
What industry is Lightspace Labs in?
Lightspace Labs's product category is Augmented Reality Headsets. Its primary akta.pro industry code is HDAAAEAJ, AR/VR & Spatial Computing (SLAM, 3D vision), with a secondary code of CRACAIAE, AR Smart Glasses. Its NAICS code is 33411 and its SIC code is 3827.