Glimpse Signs Follow-On Immersive Technology Contracts with Two Global Leaders
August 08, 2023 at 08:30 am EDT
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The Glimpse Group, Inc. announced that it has entered into two follow-on contracts with major organizations. One follow-on contract, via Glimpse subsidiary company Foretell Reality and software license with a major NYC hospital, that will be utilized to safely and effectively instruct the hospital's facilities team on best practices relating to specific hazardous operations. The other follow-on contract, through Glimpse subsidiary company SpearXR, and estimated in the high five figures, is for an initial agreement for two webAR experiences with one of the larger consumer packaged goods companies, which is expected to be deployed in commercial environments and accessed by consumers on mobile phones and tablets without a need to download an app, potentially leading to additional webAR experiences and widespread implementation.
The Glimpse Group, Inc. is a diversified immersive technology platform company engaged in providing enterprise-focused virtual reality (VR), augmented reality (AR) and spatial computing software and services. Its platform of immersive technology subsidiary companies, collaborative environment and diversified business model focuses on simplifying the challenges faced by companies in the emerging immersive technology industry. It develops, commercializes, and markets immersive technology software products, solutions, and intellectual property (IP). Its platform is comprised of various wholly owned subsidiary companies, each targeting different industry segments, including corporate training, education, healthcare, government and defense, branding/marketing/advertising, retail, financial services, food and hospitality, media and entertainment, architecture/engineering/construction (AEC), corporate events and presentations, beauty and cosmetics, and social VR support groups and therapy.
THE GLIMPSE GROUP, INC. 
