OverviewSuggest Edit

Ultrahaptics is a touchless haptics company. The company has developed a unique technology that enables users to receive tactile feedback without needing to wear or touch anything. The technology uses ultrasound to project sensations through the air and directly onto the user. Users can ‘feel’ touchless buttons get feedback for mid-air gestures or interact with virtual objects.
TypePrivate
Founded2013
HQBristol, GB
Websiteultrahaptics.com
Employee Ratings4.7

Latest Updates

Employees (est.) (Dec 2019)67(-37%)
Revenue (FY, 2018)£1 M

Key People/Management at Ultrahaptics

Steve Cliffe

Steve Cliffe

President and CEO
Hossein Yassaie

Hossein Yassaie

Non Executive Director
Abby Atkinson

Abby Atkinson

Financial Controller
Barry Dennington

Barry Dennington

COO
Alex Driskill Smith

Alex Driskill Smith

VP North America
Chris Olds

Chris Olds

CFO
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Ultrahaptics Office Locations

Ultrahaptics has offices in Bristol and Mountain View
Bristol, GB (HQ)
1 Glass Wharf
Mountain View, US
2522 Leghorn St
Show all (2)

Ultrahaptics Financials and Metrics

Summary Metrics

Founding Date

2013

Ultrahaptics total Funding

$84.2 m

Ultrahaptics latest funding size

$44.50 m

Time since last funding

a year ago

Ultrahaptics investors

Ultrahaptics's latest funding round in December 2018 was reported to be $44.5 m. In total, Ultrahaptics has raised $84.2 m
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Ultrahaptics Revenue

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Ultrahaptics's revenue was reported to be £1.01 m in FY, 2018
GBP

Revenue (FY, 2018)

1.0m

Gross profit (FY, 2018)

(470.0k)

Gross profit margin (FY, 2018), %

(46.4%)

Net income (FY, 2018)

(10.3m)

EBITDA (FY, 2018)

(11.4m)

EBIT (FY, 2018)

(12.1m)

Cash (31-Dec-2018)

643.0k
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

246.8k1.1m1.0m1.0m

Revenue growth, %

Cost of goods sold

17.2k1.3m556.0k1.5m

Gross profit

229.6k(229.0k)458.0k(470.0k)
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

99.7k689.6k7.1m2.0m643.0k

Accounts Receivable

8.8k40.5k427.0k106.0k89.0k

Inventories

25.0k82.0k166.0k170.0k

Current Assets

108.5k798.8k37.5m38.8m37.2m
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(529.5k)26.1m(2.8m)(10.3m)

Cash From Operating Activities

(541.7k)(33.7m)

Cash From Financing Activities

1.2m

Net Change in Cash

589.9k(3.3m)
GBPY, 2018

Revenue/Employee

11.9k

Financial Leverage

1.6 x
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Ultrahaptics Acquisitions / Subsidiaries

Company NameDateDeal Size
Leap MotionJune 03, 2019$30 m

Ultrahaptics Online and Social Media Presence

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Ultrahaptics News and Updates

Leap Motion sold for fire sale price of $30M to Ultrahaptics

Once high-profile 3D motion-control technology startup Leap Motion Inc. is no longer independently owned after being acquired in an apparent fire sale to Ultrahaptics Ltd. for $30 million. Founded in 2010, Leap Motion was a much-hyped software and hardware company developing 3D motion-control techn…

Ultrahaptics acquires AR/VR pioneer Leap Motion for only $30 million

After two disasterous acqusition attempts by Apple, leading gesture control maker Leap Motion was purchased by one of its customers.

Meta and Ultrahaptics will bring a ‘touchable’ augmented reality supercar to CES

Augmented reality developer Meta Co. announced today that it has teamed up with Ultrahaptics and ZeroLight Ltd. in an effort to create touchable AR objects by combining haptic feedback and real-time 3-D visualization techniques. To demonstrate this technology, Meta will enable customers to see and f…

Watch Ultrahaptics use ultrasound to let you feel imaginary objects

 Ultrahaptics lets you touch what you see in virtual and augmented reality, or even give a 2D poster 3D feeling. It uses small speaker-like ultrasound wave emitters to give the sensation of pressure and texture when you’re just waving your hands in the open air. Ultrahaptics CTO Tom Carter demoed th…

EnSilica boosts SoC design and supply services with two senior-level appointments

EnSilica has announced two senior-level appointments designed to significantly boost its rapidly expanding full System-on-Chip (SoC) services as the company continues to expand its base of customers seeking complex, full-service custom analog and mixed-signal chip design and supply. EnSilica has app…

Touchless gesture controls and Ultrahaptics technology (Video on how they work)

In a recent video with Paul Heney, we touched on touchless gesture controls — haptic technology that lets machine builders and other engineers incorporate mid-air controls enhanced by tactile feedback. The hardware and software can be embedded into machine builds and consumer designs large and small…

Ultrahaptics Blogs

Automotive UI study | Drivers prefer gestures + haptics

We talk a lot about the impact of haptics on safety in automotive UI, but less about its impact on driver experience. Charlie Alexander, Ultrahaptics’ Director, Automotive Product, writes about how drivers have been shown to prefer gesture control systems when haptic feedback is added. We all know b…

Multiplayer mixed reality | Haptics & The Unreal Garden

The mixed reality Unreal Garden experience was a standout feature of E3 2019. Co-creators Enklu and Leila Amirsadeghi (former co-founder Onedome) worked with Ultrahaptics to integrate virtual touch technology and enhance the experience with a unique multiplayer interaction.   When visitors reached o…

How Arrow boosted brand engagement at CES 2019

Fortune 500 company Arrow used Ultrahaptics’ solutions to bring their brand story to life at CES 2019. They combined hand tracking with mid-air haptics to create an interactive brand experience in the form of a digital installation.  Arrow works with the world’s leading technology manufacturers. The…

Ultrahaptics Announces Partnership with BrightSign

June 11, 2019 – Ultrahaptics, the world leader in mid-air haptics technology, today announces that it is an approved technology partner of BrightSign, the global market leader in digital signage media players. Ultrahaptics’ technology provides tactile feedback in mid-air using ultrasound and patente…

Ultrahaptics and Leap Motion join forces

30th May 2019 – Ultrahaptics and Leap Motion, the world leaders in mid-air haptics, contactless interfaces and hand tracking technologies, today announced a strategic deal which will combine their expertise and create the world’s leading spatial interaction company. The combination of teams and thei…

AWE 2019 | Ultrahaptics at AWE

AWE 2019 (Augmented World Expo) is back at the Santa Clara Convention Centre between 29th – 31st May. As the world’s leading AR/VR conference and expo, AWE attracts a diverse mix of more than 6,000 attendees, all excited to experience first-hand the greatest immersive technology disrupting the world…
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Ultrahaptics Frequently Asked Questions

  • When was Ultrahaptics founded?

    Ultrahaptics was founded in 2013.

  • Who are Ultrahaptics key executives?

    Ultrahaptics's key executives are Steve Cliffe, Hossein Yassaie and Abby Atkinson.

  • How many employees does Ultrahaptics have?

    Ultrahaptics has 67 employees.

  • What is Ultrahaptics revenue?

    Latest Ultrahaptics annual revenue is £1 m.

  • What is Ultrahaptics revenue per employee?

    Latest Ultrahaptics revenue per employee is £15.1 k.

  • Who are Ultrahaptics competitors?

    Competitors of Ultrahaptics include Razer, Pimax VR and Archos.

  • Where is Ultrahaptics headquarters?

    Ultrahaptics headquarters is located at 1 Glass Wharf, Bristol.

  • Where are Ultrahaptics offices?

    Ultrahaptics has offices in Bristol and Mountain View.

  • How many offices does Ultrahaptics have?

    Ultrahaptics has 2 offices.