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IN BRIEF: Engage XR partner Lenovo's new VR headset to be sold in June

1st Jun 2023 14:09

Engage XR Holdings PLC - Waterford, Ireland-based virtual reality software and technology group - Says partner Lenovo Group Ltd's new ThinkReality virtual reality headset will become available to buy this month. Last year, Engage and Lenovo signed a partnership agreement to cover the resale and distribution of end-user licences by Lenovo of Engage's metaverse for business platform, Engage Link. Lenovo is one of Engage's 14 launch partners, and it is building its own virtual world within Engage Link.

Lenovo is one of 14 launch partners, and it is building its own virtual world within Engage Link.

Engage XR Chief Executive Officer David Whelan says: "The launch of the new headset will enable us to grow our international reach and customer base. As the headset becomes available in selected markets, we anticipate seeing further revenue growth during the second half of 2023."

Current stock price: 3.81 pence, down 4.8%

12-month change: down 65%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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