Mixie Technologies, Inc. (OTC: PHCG) formerly known as Pure Harvest Corporate Group, Executes Binding Letter of Intent to Acquire Minority Interest in HoloTwin LLC
Globenewswire·2025-12-01 13:30

Core Insights - Mixie Technologies, Inc. is transitioning into a technology-centered company focused on platform solutions that support scalable and recurring revenue models [2][6] - The company has entered into a binding Letter of Intent to acquire 25% of HoloTwin LLC, with an option for an additional 26% [1][6] - HoloTwin develops a digital twin platform that integrates operational data from various vendor systems into a unified interface, addressing fragmentation in venue operations [3][10] Company Overview - Mixie Technologies, Inc. operates a unified technology ecosystem that includes AI-enabled solutions, intelligent video processing, and digital twin architecture [8] - The company was formerly known as Pure Harvest Corporate Group, Inc. and has changed its name as of November 2025 [9] Market Opportunity - The global digital twin market is projected to grow from approximately USD 24.48 billion in 2025 to USD 259.32 billion by 2032, with a CAGR of about 40.1% [5] - Another analysis estimates the market size at USD 21.14 billion in 2025, rising to USD 149.81 billion by 2030, with a CAGR near 47.9% [5] HoloTwin's Role - HoloTwin's platform is designed to consolidate various operational systems into a single interface, enhancing situational awareness and decision-making for venue operators [3][4] - The platform has engaged with a major global sports organization to evaluate its effectiveness in managing complex infrastructure environments [4][6] Strategic Alignment - The acquisition of HoloTwin aligns with Mixie's strategy to enhance its technology platform and provide structured solutions to fragmented operational ecosystems [6][10] - The binding LOI establishes a pathway for due diligence and documentation towards a definitive agreement [6][7]