MIAMI, April 15, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. ("Motorsport Games" or "the Company"), the racing game developer and publisher of prominent simulation racing (or "sim racing") titles including Le Mans Ultimate, is today announcing a private placement offering for gross proceeds of approximately $2.5 million, before deducting offering expenses, pursuant to a definitive agreement entered into on April 11, 2025 (the "Purchase Agreement") with certain institutional and accredited investors, incl ...

Core Insights - ProStar Holdings Inc. has formed a strategic partnership with Pix4D to enhance its Precision Mapping Solutions, integrating ProStar's PointMan with Pix4D's 3D modeling technology for improved underground infrastructure management [1][4]. Company Overview - ProStar is a leading software company specializing in cloud and mobile mapping solutions for critical infrastructure, with its flagship product, PointMan, designed to manage above- and below-ground assets [6][7]. - Pix4D, based in Switzerland, develops end-to-end mapping solutions that utilize advanced algorithms for creating survey-grade georeferenced maps and models [5]. Partnership Details - The collaboration aims to deliver a user-friendly mobile solution that allows professionals in construction, engineering, and utilities to visualize and manage buried infrastructure with high accuracy and efficiency [2][4]. - The integration of PointMan and Pix4D's technology is expected to enhance operational efficiency, reduce risks, and improve safety for organizations globally [4]. Technological Advancements - The combined technologies will provide a mobile-friendly solution that offers real-time 3D mapping capabilities, enabling users to visualize subsurface assets directly from their smartphones [2][4]. - ProStar's strategy includes forming alliances with industry leaders to create a powerful and cost-effective precision mapping solution, leveraging partners' distribution networks [3].

Welcome to my Neuralink update episode. The world's largest company, Apple, doesn't realize yet, but the fact they're playing in the virtual reality space with their Vision Pro product means they're gearing up to compete with Neuralink in the future. But before we think about how that can happen, watch this goofy video clip of someone having their brain fooled in virtual reality.But again, your brain is going to tell you that you're going to feel this. As you can see, as this guy with the hammer starts gent ...

ROCHESTER, N.Y., April 1, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today announced that it has received a $500K reorder for its smart glasses from Augmex, a one- stop-shop solutions provider for increasing productivity with smart glasses. This order follows an initial low six-figure one received in December 2024 from Augmex, who will continue to bundle their robust ...

Core Insights - Wearable Devices Ltd. is pioneering AI-based gesture control technology aimed at transforming human-device interactions, particularly in the XR, smartwatch, and AI-driven device markets [1][5][7] - The company is developing a neural wristband technology that detects user-specific micro-gestures, facilitating personalized controls tailored to individual users [2][5] - The technology aims to enhance usability and accessibility across various devices, driving adoption of neural-based interfaces in the expanding AI and XR sectors [6][7] Market Positioning - Wearable Devices is targeting high-growth markets such as augmented reality (AR), virtual reality (VR), smartwatches, and AI-driven wearables, where there is increasing demand for personalized input solutions [5][6] - The company has a decade of R&D experience and a growing patent portfolio, inviting collaboration with industry leaders to explore integration opportunities [6][7] Technological Advancements - The company is leveraging Large Motor Unit Action Potential (MUAP) Models to improve gesture classification, allowing for the recognition of micro-gestures and user-defined gestures [4][6] - The technology aims for cross-device integration, enabling personalized gestures to operate seamlessly across various platforms, including AR/VR headsets and smartwatches [6][7] Product Offerings - Wearable Devices' flagship products, such as the Mudra Band for iOS and Mudra Link for Android, utilize proprietary sensors and AI algorithms to enable touch-free interaction through subtle finger and wrist movements [7] - The company operates a dual-channel business model, focusing on direct-to-consumer sales and enterprise licensing, thereby enhancing user experiences in the rapidly expanding XR landscape [7]