- Wall Street stocks rebound despite government shutdown threat
- Locals shout out their grievances as Macron visits Mayotte
- 'A very difficult ordeal': Gisele Pelicot's statement after mass rape trial
- Bottas returns to Mercedes as reserve driver
- Painful wait in Saudi for family of detained Syrian chess champion
- Maiden Atal ODI century helps Afghanistan crush Zimbabwe
- France footballer Paul Pogba's brother sentenced to year in prison in extortion case
- Champions Trophy tug of war shows India's 'stranglehold' on cricket
- Co-owner Ratcliffe increases Manchester United stake
- Amazon workers in US strike days before Christmas
- Dominique Pelicot: the 'monster' whose facade crumbled
- Macron hears accounts of despair in Mayotte after cyclone disaster
- Israel accused of 'acts of genocide', 'ethnic cleansing' in Gaza
- Rashford leaving Man Utd could do 'world of good' - Keane
- Denmark expects Chinese ship probed over cut cables to depart
- BoE holds interest rate after inflation rise
- Portugal, Spain, France bust contaminated seafood ring
- Liverpool boss Slot urges patience with Chiesa return
- Monaco's Singo apologises after injuring Donnarumma
- Britain's Draper out of Davis Cup tennis tie against Japan
- White House unveils new climate goals weeks before Trump's return
- Scent of success? Samaranch bids to emulate father in IOC presidency race
- US-based Friedkin Group complete Everton takeover
- Stock markets decline as Fed eyes fewer rate cuts
- India to play Champions Trophy on neutral ground, not Pakistan
- Kane boost as Bayern host Leipzig with title rivals in hot pursuit
- 'Smash and damage' Fury out for revenge against Usyk
- Myanmar junta FM briefs neighbours on election plans: Thai FM
- US, European, Chinese firms seek to draw Vietnam arms deals from Russia
- New Zealander Lawson replaces Perez at Red Bull
- Gisele Pelicot's ex-husband jailed 20 years in France mass rape trial
- Key facts from the Pentagon's annual China military report
- Markets track Wall St down after Fed forecast, BoJ hits yen
- Ex-husband of Gisele Pelicot found guilty in France mass rape trial
- Philippines VP Duterte hit by third impeachment complaint
- Sony buys 10% of 'Elden Ring' owner for $320 mn
- HRW accuses Israel of 'acts of genocide' for restricting Gaza water access
- France's Macron arrives in cyclone-hit Mayotte to assess devastation
- Ivory Coast wants bigger share of its mining boom
- Greek women fight for 'right to the truth' over abuse and violence
- International rescuers join search for Vanuatu quake survivors
- France's Macron in cyclone-hit Mayotte to assess devastation
- Storm fears overshadow India coast decades after tsunami
- 'At least 100 North Koreans killed' fighting for Russia: Seoul
- Asian stocks track Wall St down after Fed forecast, BoJ hits yen
- Yen drops as Bank of Japan maintains key interest rate
- Asian markets track Wall St rout as Fed pares rate-cut forecast
- With spate of lawsuits, Trump goes after US media
- Jasprit Bumrah: The India sling king who's revelling in Australia
- Musk's possible meddling in UK politics stirs concern
RBGPF | 3.18% | 62.49 | $ | |
VOD | -0.18% | 8.395 | $ | |
RYCEF | 0% | 7.3 | $ | |
SCS | -1.14% | 12.32 | $ | |
CMSC | -1.34% | 23.8 | $ | |
BCC | 0.27% | 126.96 | $ | |
RIO | -0.12% | 59.27 | $ | |
NGG | 0.14% | 57.85 | $ | |
BCE | -0.26% | 23.34 | $ | |
CMSD | -1.16% | 23.488 | $ | |
RELX | -0.63% | 46.04 | $ | |
GSK | -0.54% | 33.51 | $ | |
BTI | -0.09% | 36.965 | $ | |
JRI | 1.23% | 12.18 | $ | |
AZN | -0.17% | 64.528 | $ | |
BP | 0.32% | 28.631 | $ |
Brightline Interactive Enters into an Agreement with the U.S. Navy for an Immersive, AI-Driven Simulator System
The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, today announced that its subsidiary company Brightline Interactive, LLC ("BLI") has entered into an initial six figure dollar contract with the U.S. Navy for an Immersive Simulator, to be delivered in the first half of 2025.
Tyler Gates, General Manager of BLI and Chief Futurist of Glimpse, commented: "Powered by BLI's cutting-edge spatial computing platform ("SpatialCore"), we have created a game-changing technology that pushes the boundaries of what's possible via the integration of AI and Spatial Computing. The Immersive Simulator system seamlessly integrates AI into both the full motion simulation and the spatial computing environments in which they operate, offering unparalleled realism, responsiveness, and adaptability, thereby opening up new possibilities for training, development, and operations across various industries in a cost-effective manner and much smaller form factor compared to existing advanced simulators."
Lyron Bentovim, President and CEO of Glimpse, commented: "In partnership with the US Navy, we believe that the Immersive Simulator represents a key milestone in the world of advanced simulation technology, building on the momentum around Brightline's vision for the SpatialCore platform."
About Brightline Interactive
Brightline Interactive (BLI) is the global leader in spatial computing, immersive technologies, deep tech and 5G integration. Brightline's accelerated computing platform - SpatialCore - provides cloud-centric synthetic data simulation, digital twins, XR and AI tools for both government and commercial customers. Brightline implements a layered production and business development approach to partnerships, scaled growth and data virtualization. For more information, please visit www.brightlineinteractive.com
About The Glimpse Group, Inc.
The Glimpse Group (NASDAQ:VRAR)(FSE:9DR) is a diversified Immersive technology platform company, providing enterprise-focused Virtual Reality, Augmented Reality and Spatial Computing software & services. Glimpse's unique business model builds scale and a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into this emerging industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com
Safe Harbor Statement
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release may contain certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements, if provided, are based on information available to the Company as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements, if provided, include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "view," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts, if provided, are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, any forecasts, if provided, are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Brightline Interactive Contact:
Tyler Gates
General Manager, Brightline Interactive
Chief Futurist, The Glimpse Group
[email protected]
Glimpse Contact:
Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
917-292-2685
[email protected]
SOURCE: The Glimpse Group, Inc.
O.Lorenz--BTB