XMReality is currently being assessed by a branch within the armed forces of a central European country through a paid pilot project. XMReality's remote guidance platform in combination with inspection and maintenance software from a partner and smart glasses, will be evaluated to see if they can improve the efficiency of vehicle inspections and maintenance
The Order Intake for the quarter increased by 27 percent and the cost decreased by 12 percent compared to the corresponding quarter last year. Net Sales increased by 6 percent. The Annual Recurring Revenues increased by 1 percent compared to Q4-2022
XMReality Inc. has signed its first enterprise licensed customer in Mexico, expanding its geographic reach in the Americas. The customer is ILSCO, a subsidiary of ECM Industries which is already a customer to XMReality Inc., with operations in Matamoros, Mexico. ILSCO produces power and grounding connectors and associated accessories. ILSCO’s initial use of XMReality will focus on internal remote video support of its manufacturing equipment
Today, on April 21, 2023, the measurement period (VWAP period) begins to determine the exercise price for the warrants of series TO1, which were issued in connection with XMReality AB (publ) ("XMReality" or "the Company") rights issue in the fourth quarter of 2022
XMReality has a partnership agreement in place with Pointmedia since December 2022, covering the Norwegian market, and the companies have now signed a new customer; Mycoteam. Pointmedia offers a branded remote collaboration software ‘Remoto Solutions’, based on XMReality’s Remote Guidance software
XMReality AB has signed a partnership agreement with Viveo which has already resulted in the ordering of licenses. Viveo is a Swedish company that will offer XMReality as a service to the Swedish real estate market. The purpose of Viveo's service is to facilitate and streamline the handling of error reports and tickets within property management
The YoY Order Intake for the quarter increased by 7 percent. Net Sales for the quarter increased with 9 percent and the Annual Recurring Revenues decreased with 2 percent compared with Q3 this year. The Rights Issue was completed as per plan and XMReality received SEK 26.2 million before issue costs
XMReality AB (publ) announces today that the company is hiring a market maker
THIS PRESS RELEASE MAY NOT BE PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR TO RUSSIA, BELARUS, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA, UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE SUCH ACTION IS IN WHOLE OR IN PART FOR LEGAL RESTRICTIONS. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO ACQUIRE SECURITIES IN XMREALITY AB. SEE ALSO THE "IMPORTANT INFORMATION" SECTION BELOW. XMReality AB (publ) (”XMReality” or the “Company”) today announces the outcome of the preferential rights issue of units, shares and warrants of series TO1 (“Units”) (the “Rights Issue") that ended on December 21, 2022. The subscription breakdown shows that approximately 76 percent was subscribed with and without the exercise of unit rights. Consequently, underwriters of the Rights Issue will be allocated approximately 24 percent of the Rights Issue. XMReality thereby obtains SEK 26,2 million before issue costs
XMReality AB has signed a Partnership Agreement with Pointmedia, a Norwegian company providing remote collaboration software. Their remote collaboration software ‘Remoto Solutions’ will, going forward, be based on XMReality’s Remote Guidance software and used both by their existing customer base and offered to new customers