[Philip Lelyveld comment: This is a really good development, but it is VR in my view. Rather than transport you in space, these pass-thru HMD approaches transport you in time - to 15ms or more in the past as it processes the video of the world in front of you and blends in virtual objects. 15ms doesn't sound like much until someone throws a ball at you and you try to catch it.]
...the headset contains the computational and graphics power necessary to create the virtual images and an internal battery for power, as well as 3D cameras and sensors powered by Intel's RealSense motion tracking tech. CEO Brian Krzanich says the device is capable of "merged reality," which blends images from the real world like handheld objects into virtual environments.
Intel says this type of merged reality technology should alleviate some concerns about VR headsets blocking out the real world and creating a potentially dangerous situation for users and other people in the room. This type of tech also removes the need for complex sensor setups or hand controllers, Intel says.
See the full story here: http://www.theverge.com/2016/8/16/12503948/intel-project-allow-vr-headset-cordless-mixed-reality