Pioneering Spatial AI’s Next Chapter with Breakthrough Growth and Innovative Expansion in 2024.
IRVINE, CA – November 22, 2023 – EON Reality, a pioneer in the field of spatial artificial intelligence, today announced a significant breakthrough in its financial and operational trajectory. The company is poised to experience a substantial boost in cash flow and new orders, marking a promising start to its growth journey in 2024.
- Breakthrough in Customer Demand: We have seen an acceleration in customer demand as a result of the New Product releases that Enhancing Customer Value and Streamlining the Centric Course Customization.
- Growth Forecast: Based on this demand EON is set to more than three double the user base in the first half of 2024.
- Product Enhancements: The company has recently released version 9.9, finalizing SkillQuest and Intelliscan, and completing the advanced ‘Stories and Quests’ template.
- Marketing and Sales Revamp: EON is Launching a new website, comprehensive marketing campaigns, and ambitious ad campaign targets to bolster the company’s market presence.
- Investment and Expansion: EON targets to raise additional funds to accelerate b2B and B2C initiatives.
“We are on the brink of a transformative era for EON. Our focused efforts in enhancing product value, revamping marketing strategies, and boosting sales initiatives are set to position us as leaders in spatial AI. With our team’s resilience and dedication, we are confident to set more than double the user base in the first half of 2024,” said Dan Lejerskar, CEO of EON Reality.
EON’s journey is marked by a commitment to innovation and excellence, aiming to redefine the standards in spatial artificial intelligence. This breakthrough signifies not just financial growth, but also a leap towards realizing the company’s vision of pioneering change in the industry.
About EON Reality
EON Reality is a leading company in Artificial Intelligence-powered Augmented and Virtual Reality-based experience creation for education and industry. EON Reality’s 25 years of existence and success are tied to its belief that knowledge is a human right and should be available, accessible, and affordable for every person on the planet. To carry this out, EON Reality developed and launched EON-XR, a SaaS-based platform dedicated to the democratization of XR content creation that brings code-free XR development and publishing to smartphones, tablets, laptops, and any other XR-focused devices. EON-XR and many of EON Reality’s other solutions can be used in devices of different sizes, in different shapes and at different types of locations: from hand-held mobile devices, to head-mounted displays, to large-scale screens, and even at mega-size facilities. EON Reality’s global network now comprises more than 1.8 million licenses who are collectively building a vast digital community in more than 75 locations. EON Reality has also created the world’s leading XR library for education and industry with access to at least 6 million assets and counting. For further information, visit www.eonreality.com.