RCS - Engage XR Holdings - Launch of Education Offering at Bett 2025

ENGAGE XR HoldingsAnnouncement

22/01/2025 07:00

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RNS Number : 1536U  Engage XR Holdings PLC  22 January 2025

Reach

 

22 January 2025

 

ENGAGE XR Holdings Plc

("ENGAGE XR" or the "Group")

 

Launch of Education Offering at Bett 2025

with Meta and OptimaED

 

ENGAGE XR, a leading immersive technology company, will today unveil its
comprehensive education offering for the first time at the world-leading
EdTech conference, Bett 2025, in London.

 

Working in partnership with Meta and OptimaED, the US-based, Education
Experience Company, the Group will showcase the ENGAGE XR package that has
been specifically developed for the K12 education market (kindergarten to the
age of 18).

 

The ENGAGE XR education package
(https://engagevr.io/k12-virutal-education-offer/) allows access to an ENGAGE
license so educators can utilise a comprehensive suite of teaching software to
enable them to create and share content with pupils. Students can participate
in virtual field trips, explore historical events, and engage in hands-on
science experiments using curriculum-focused content, all within a safe and
controlled digital space. The suite includes:

 

 ●    School of AI - 22 historical characters for pupils to interact with powered by
      generative AI
 ●    AI Character Creator - For educators to create their own characters as tutors
 ●    BioLab - provides hundreds of detailed biology models and interactions
 ●    OptimaED Content Demo - 180+ hours of curriculum-focused lessons, over 1300
      learning models, and more than 30 immersive field trips

 

Users will also be able to access the following VR experiences:

 

 ●    Apollo 11 VR - A virtual reality trip to the moon and back
 ●    Titanic VR - An interactive simulated dive to the shipwreck and recreation of
      the sinking
 ●    Shuttle Commander- A physics-based flight simulation and Hubble Space
      Telescope deployment mission
 ●    Titans of Space - A virtual journey through the holographic Solar System

 

The K12 education market has seen a huge expansion in technology adoption in
recent years, including the growing use of virtual teaching tools.
Educational institutions around the world have started to incorporate
immersive technology into teaching. Immersive technology use is expected to
expand considerably following the launch of the Quest 3S headset. At a
starting price of $299, the Board of ENGAGE XR believe that the lower cost of
this headset when compared to other devices in the market will help remove a
significant barrier to adoption.

 

Group partners Meta and OptimaED, are collaborating with ENGAGE XR to seize
this opportunity. Meta is releasing a new management service for the education
market later this year, called "Meta for Education", to manage large scale
deployment of XR devices, with ENGAGE as a key partner. Over the last 12
months, OptimaED has increased the number of ENGAGE licenses it uses by over
160 per cent, with further growth projected in 2025.

 

David Whelan, CEO, ENGAGE XR said: "The ENGAGE XR education package enables
teachers and students to connect, collaborate, create and explore in ways that
transcends traditional classroom boundaries. Our education offer has been
developed to offer schools and colleges a competitive option in terms of
hardware and software pricing which is a key consideration for educators
exploring the immersive learning space. We are excited about collaborating
with Meta and OptimaED, and looking ahead, we anticipate significant growth
opportunities in the global education sector as the price of headsets
continues to fall."

 

 

 

For further information, please contact:

 

 ENGAGE XR Holdings Plc                                              Tel: +353 87 665 6708

 David Whelan, CEO                                                   info@engagexr.co

 Séamus Larrissey, CFO

 Sandra Whelan, COO

 Cavendish Capital Markets Limited (Nominated Adviser & Broker)      Tel: +44 (0) 20 7220 0500

 Marc Milmo / Seamus Fricker (Corporate finance)

 Sunila de Silva (ECM)

 SEC Newgate (Financial Communications)                              Tel: +44 (0)7540 106 366

 Robin Tozer / Tom Carnegie / Naz Zandi                              engage@secnewgate.co.uk

 

About ENGAGE XR

ENGAGE XR Holdings plc (AIM: EXR) has developed ENGAGE, an immersive training,
education and  collaboration platform, offering cutting-edge VR/AR tools and
environments that elevate employee training and student outcomes. Trusted by
enterprise and educational clients worldwide, ENGAGE leverages the
transformative power of spatial computing to revolutionize onboarding, sales
meetings, product demos and a host of other vital business operations.

 

For further information, please visit: https://engagevr.io/
(https://engagevr.io/)

 

(LinkedIn: @Engage XR Holdings plc Twitter: @engage_xr)

 

Forward-Looking Statements

Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Group's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not guarantees of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Group's control, are difficult to predict, and could cause actual results
to differ materially from those expressed or forecasted in the forward-looking
statements.

 

The Group cautions security holders and prospective security holders not to
place undue reliance on these forward-looking statements, which reflect the
view of the Group only as of the date of this announcement. The
forward-looking statements made in this announcement relate only to events as
of the date on which the statements are made. The Group will not undertake any
obligation to release publicly any revisions or updates to these
forward-looking statements to reflect events, circumstances, or unanticipated
events occurring after the date of this announcement except as required by law
or by any appropriate regulatory authority.

 

 

 

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