TruGolf Holdings, Inc Portable Launch Monitor, LaunchBox, Available Globally on July 1st This new portable Launch Monitor by TruGolf is simple to use, compatible with PC and iOS Devices, and utilizes advanced hyper-speed camera technology to measure ball data inside and outdoors. Salt Lake City, Utah, June 30, 2025 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, has announced that its highly anticipated portable launch monitor, LaunchBox, will be available g ...

Core Insights - TruGolf Holdings, Inc. has announced the acquisition of mlSpatial, an AI and machine learning engineering firm, to enhance its product offerings in golf technology [1][2][3] - The acquisition follows a successful partnership that began in March 2024, focusing on co-developing an AI engine for TruGolf's Apogee Launch Monitor [2] - This strategic move aims to integrate advanced AI technologies across TruGolf's product suite, improving user experiences and training suggestions [2][3] Company Overview - TruGolf is recognized as a leader in golf technology, committed to simplifying the game through innovative AI applications and gamified improvement plans [5] - The company has a history of redefining golf through technology, offering a comprehensive suite of hardware, software, and web products [5] Industry Context - The acquisition aligns with a broader industry trend of significant investments in AI infrastructure, highlighted by a recent initiative from President Donald Trump to invest up to $500 billion in AI technologies in the U.S. [3]

Core Insights - TruGolf Links Franchising, a subsidiary of TruGolf Holdings, is expanding its franchise operations with over 160 units planned across multiple states, including Illinois, New Jersey, Tennessee, and New York [3][4] Company Overview - TruGolf has been a key player in the golf industry since 1983, focusing on innovative indoor golf solutions and technology to make golf more accessible [7] - The company aims to grow the game of golf by making it more available, approachable, and affordable through its products and services [7] Franchise Development - TruGolf Links Franchising has signed agreements for over 160 franchise units, with the first locations expected to open soon [3] - The franchise model includes Regional Developers who manage territories with populations of 1 million or more, opening flagship locations and supporting additional franchisees [8] Upcoming Events - TruGolf will showcase its latest technology at the New York International Franchise Expo on May 29, 2025, featuring a live simulator and a contest for attendees [2][4]