xReality Group Ltd
xReality Group Limited is an Australia-based company, which is specialized in enterprise software development for mission-critical simulations for military and law enforcement.
The business
xReality Group Limited is an Australia-based company, which is specialized in enterprise software development for mission-critical simulations for military and law enforcement. The Company develops and operates physical and digital simulations. Its portfolio companies include indoor skydiving facilities, virtual reality (VR) and augmented reality (AR) entertainment, training and production. Its Red Cartel is involved in VR, AR, XR, location-based entertainment animated content for games, venues and enterprise. Red Cartel serves various industries, including oil and gas, entertainment, mining, healthcare and government. Its Operator XR specializes in providing uniquely integrated, secure, and highly immersive virtual reality police training and military simulation systems. The Company hosts two indoor skydiving facilities iFLY Downunder in Penrith, New South Wales, and iFLY Gold Coast in Gold Coast, Queensland. Its FREAK Entertainment is virtual reality gaming venue.
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Latest news
xReality Group Signs Defence Training Agreement with Thales Australia
xReality Group's Operator XR signs a non-binding MoU with Thales Australia to pursue defence training opportunities; potential scale, no revenue certainty.
Xreality Group Launches MR-1 with First Commercial Sale as US DoD Project Reaches Completion
xReality completes DoD subcontract, launches MR-1 with first sale; Operator XR ARR hits AU$7m as pipeline grows to AU$74m—de-risking growth for investors.
xReality Group’s Operator XR Wins $5.7m Texas Law Enforcement Contract For OP-2 Tactical Training System
xReality Group’s (ASX: XRG) wholly-owned US subsidiary Operator XR has won a contract of up to $5.7 million to supply its flagship OP-2 training system to the Department of Public Safety (DPS) in Texas. It represents the largest order for the OP-2 system to date, and will see the technology deployed for statewide law enforcement […]
Weekly wrap: miners push towards new record but banks hold back
It was a close-run thing but the Australian market missed out on setting a new record on Friday thanks mainly to a rare downward pull from the big banks. At one stage the ASX 200 traded at 8143.6 points – just 5 points away from the record high set in August – but the drag […]
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