Purdue VR Tech Company Lands Funding

Posted: Updated:
AccuPS says the investment puts the company a step closer to making the AeroWand a reality. AccuPS says the investment puts the company a step closer to making the AeroWand a reality.

A Purdue University-affiliated virtual reality technology company has received $100,000 in investment funding. AccuPS LLC is developing a 3-D motion-tracking controller for mobile VR users.

AccuPS says the investment puts the group a step closer to making its AeroWand a reality. ?The company previously received an NSF STTR grant for $225,000 and a $20,000 Elevate Purdue Foundry Fund Black Award.

The AeroWand includes a head-tracking device, hand controller and transmitting antenna that plug into a user's smartphone. Founder Byunghoo Jung says, for VR users, the technology is like giving a mouse to PC owners, allowing users to "engage (and) take action and the overall experience is more exciting, usable and fun."

Jung says the company's first priority with the funding is to make a commercial-grade prototype. "This will help us present an actual product to potential customers," says Jung, "so they can see how it actually works and line us up for potential partnerships or additional investments in the future."

AccuPS is based in the Purdue Research Park of West Lafayette.

  • Perspectives

    • How to Find a New Audience After Hitting a Marketing Plateau

      It may sound like a marketer’s dream scenario: efforts have proven to be so successful it appears a company has completely saturated their target audience. While it may be a good problem to have, it still may be a problem. Hitting a marketing plateau is an opportunity for companies in any industry to reevaluate, re-energize and come to the table with new ideas for better understanding existing customers and engaging new audiences.



  • Most Popular Stories

    • (photo courtesy of WTHR-TV)

      Andrew Luck Retiring from NFL

      In a shocking development following the Indianapolis Colts' preseason loss to the Chicago Bears, quarterback Andrew Luck has announced his retirement from the NFL. Luck, who did not play in Saturday's game, said the number of injuries he has suffered throughout his professional career "has taken my joy of this game away." Luck teared up during a news conference in which he made his announcement. "After 2016 where I played in pain and was unable to regularly...

    • Shaina Keck

      Pier 48 Manager Named

      FK Restaurant Group has named Shaina Keck sales and banquet manager for Pier 48 Fish House and Bar in downtown Indianapolis. She previously served in sales at Kilroy's Bar & Grill. Keck is a graduate of Indiana University Kelly School of Business with a bachelor of science degree in finance and accounting with a concentration in international studies.  
    • (image courtesy of The Times of Northwest Indiana)

      Crews Start Demolition of Carson's in Hammond

      The face of downtown retail in Hammond is changing once again with the demolition of Carson’s department store, the one-time the anchor of Woodmar Mall. Our partners at The Times of Northwest Indiana report excavating crews have started to demolish the last vestige of the shopping center which stood since the 1950s. 

    • (Image courtesy of Northern Indiana Commuter Transportation District)

      Michigan City Commits $12M to South Shore Track Project

      The Michigan City Common Council has formally committed to contribute $12 million towards the proposed $416 million Double Track project for the South Shore commuter line. Our partners at The Times of Northwest Indiana report the council voted unanimously to pay $7 million upfront and finance the remaining $5 million through a 20-year bond issue. 

    • On-Air

      Find out when and where you can watch and listen to our reports.