RED Hydrogen Two Canceled Following CEO Jim Jannard's Retirement

After the spectacular failure of its ambitious RED Hydrogen One holographic smartphone last year, the company known for loftier-finish cinematic cameras was nonetheless planning to put a loftier-quality Pro 3D camera on a smartphone, according to an official annunciation from Ruby founder and CEO, Jim Jannard, earlier this yr. That project, however, has now officially been shut down, with the seventy-year-onetime Jannard announcing his retirement from the visitor a few hours agone, citing health reasons.

Jannard before today took to the Hydrogen user forums, saying: "I will be shutting downwardly the HYDROGEN project, catastrophe a career that has included Oakley, RED Digital Cinema and HYDROGEN. I am very proud to have worked with many bully people over the years who have signed on to the vision". He, notwithstanding, did clinch buyers of the original Hydrogen One that their device "will continue to be supported in the future", although, it's not immediately articulate for how long.

The proclamation comes as a surprise, because as recently as July, Jannard had announced that the visitor was working on the Hydrogen Two that he said will include a high-quality Pro 3D camera. He also said that the company is working on radically changing the Hydrogen program with a 'new and boggling sensor' to improve satisfy pro photographers as well every bit casual consumers.

He had earlier announced that the company was working on 'radically irresolute the Hydrogen programme' as role of his plans to offer a better device to users. According to him, "The changes create new opportunities to better satisfy the professional image capture customers too as the coincidental consumer for the HYDROGEN program". Those plans, unfortunately, accept now been shelved, and the Hydrogen Ii is at present a closed chapter.