Saturday, April 1, 2023

Wayray brings Russian employees to Switzerland

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Swiss Porsche partner in distress

Wayray relocates employees from Russia to Switzerland

The Swiss start-up Wayray offers augmented reality products for car manufacturers and has well-known investment partners on board. But since January 5, the company has been on debt restructuring moratorium. What happened?


In 2023, the first production model should install Wayray’s special display technology – but first the company has to get through the debt restructuring moratorium.


Jean Claude RaemyEditor Economics

In the Swiss Official Gazette of Commerce (SHAB) it is written in black and white: The company Wayray AG in Zurich has been on debt restructuring moratorium since January 5, 2023. This is scheduled for six months, the administrator is appointed.

The technology company has repeatedly made headlines in recent years. The start-up’s core products are technologies that offer augmented reality experiences for the automotive industry. For example, holographic navigation instructions that are displayed across the entire windscreen and are visible regardless of the viewing angle.

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