IRVINE, CA — October 8, 2025  — EON Reality, the global leader in Artificial Intelligence-powered augmented and virtual reality-based knowledge transfer for industry and education,  today announced the launch of SkillBuild SPV, a revolutionary college partnership program that eliminates traditional capital barriers preventing educational institutions from deploying comprehensive Spatial AI training programs. The invitation-only platform provides accredited universities, community colleges, and workforce agencies with up to $12.1 million in program value through Special Purpose Vehicle (SPV) financing, enabling institutions to rapidly launch Skills-Jobs-Income acceleration programs without upfront capital investment.

The SkillBuild SPV represents a paradigm shift in educational technology deployment, combining 5,750+ platform licenses, complete XR lab infrastructure, and turnkey implementation services into a single financing package that positions colleges as revenue-generating providers of record while maintaining full academic control and institutional ownership of outcomes. As detailed in its new white paper, “EON SkillBuild SPV: Bankable Workforce Transformation for the AI Era,” the model unlocks scalable, debt-free pathways for institutions to modernize training infrastructure and meet the urgent demands of the AI-driven economy.

The Challenge: Capital Barriers Blocking Educational Innovation

Educational institutions face unprecedented pressure to deliver job-ready graduates while adapting to rapidly evolving workforce demands in semiconductors, clean energy, data centers, and emerging technologies. Traditional procurement models create insurmountable barriers:

• Capital constraints preventing institutions from accessing cutting-edge training technologies
• Fragmented vendor relationships requiring complex multi-year procurement cycles
• Limited revenue pathways to sustain advanced technology programs
• Risk concentration on institutional balance sheets for unproven technologies
• Scaling challenges that prevent regional workforce development coordination

“The old model forces colleges to choose between financial risk and educational innovation,” said Dan Lejerskar, CEO of EON Reality. “SkillBuild SPV eliminates that choice by providing world-class Spatial AI capabilities through a proven financing structure that generates revenue from day one.”

The Solution: Infrastructure-Grade Educational Financing

Complete Platform Integration

SkillBuild SPV delivers comprehensive Spatial AI capabilities through a single integrated package:

• 5,750 EON-XR Core Platform licenses with perpetual usage rights
• 5,750 EON-AI Platform licenses for intelligent content creation
• 5,750 EON Digital Twin IQ licenses enabling real-time problem solving
• 5,750 EON Career Compass Platform licenses for job placement acceleration
• 5,000 EON Entrepreneur Guide Platform licenses supporting venture creation
• Complete XR lab hardware per EON-XR Center specifications
• Turnkey implementation services including faculty training and curriculum alignment

Revolutionary Fast-Start Option

Institutions can elect the Fast-Start Option (FSO) by placing a 2.5% Priority Activation Deposit (PAD) of $300,000 USD to receive immediate internal-use activation of up to 5,750 licenses and a complete Starter Lab. The PAD is 100% credited toward the institution’s required contribution at contract, enabling risk-free evaluation and immediate program development.

Transformative Comparison: Traditional vs. SkillBuild SPV Model

Four Critical Applications Driving Immediate Demand

1. Workforce Upskilling: Community College Transformation

Challenge: Community colleges need to rapidly scale training for high-demand occupations but lack capital for advanced XR infrastructure. Solution: SkillBuild SPV enables deployment of complete Spatial AI labs with ETPL eligibility for WIOA funding, creating sustainable revenue streams while serving regional workforce needs.

2. Academic Laboratory Enhancement: University Research Integration

Challenge: Universities require cutting-edge facilities for research and instruction but face budget constraints and lengthy procurement cycles. Solution: Perpetual licensing model provides research-grade capabilities with immediate activation through Fast-Start Option, enabling faculty to begin development while contracts finalize.

3. Employer Training Partnerships: Corporate Education Delivery

Challenge: Institutions want to serve corporate training markets but lack the infrastructure and risk tolerance for large upfront investments. Solution: SPV structure enables institutions to become training providers of record for employer seat reservations, generating guaranteed revenue streams while serving business development goals.

4. Entrepreneurship Acceleration: Regional Innovation Hubs

Challenge: Colleges seek to support student and alumni venture creation but lack comprehensive entrepreneurship platforms and funding pathways. Solution: Integrated Entrepreneur Guide Platform with 5,000 licenses enables institutions to become regional innovation catalysts with built-in monetization through venture success.

Rigorous Evaluation and Quality Assurance

SkillBuild SPV maintains institutional-grade standards through comprehensive evaluation criteria:

• Demand & Employer Alignment (25%) – MOUs, workforce board relationships, employer seat commitments
• Institutional Readiness (20%) – facility preparedness, IT infrastructure, staffing plans
• Funding Viability (20%) – provider-of-record capabilities, workforce funding access
• Time to Impact (15%) – realistic go-live timelines, pilot readiness
• Strategic Value (10%) – regional significance, reference potential, equity considerations
• Operations & Data Capability (10%) – marketing reach, analytics infrastructure, LMS integration

Applications are scored on a 0-5 scale with ≥4.0 earning approval, 3.0-3.9 receiving conditional approval, and <3.0 requiring reapplication with guidance.

Financial Structure: Risk-Optimized Investment Model

The SkillBuild SPV financial framework balances institutional accessibility with program sustainability:

Total Program Value: $12,120,000 USD with perpetual usage rights for created content

Institutional Contribution: 2.5% ($300,000 USD) – significantly lower than traditional procurement requirements

Fast-Start Activation: Optional immediate access through PAD that is 100% credited at contract

Revenue Pathways: Multiple income streams including tuition capture, workforce funding, employer contracts, continuing education, and optional XR asset monetization

Risk Mitigation: SPV structure distributes risk across multiple stakeholders while maintaining institutional control and ownership

Implementation Excellence: 7-Step Launch Process

SkillBuild SPV streamlines deployment through a proven implementation methodology:

1. Introduction Meeting – Program overview and institutional needs assessment
2. Application Submission – Comprehensive evaluation with optional Fast-Start activation
3. Committee Review – 10-day evaluation against published criteria
4. Conditional Approval – Written approval enabling contract negotiation
5. Optional Pilot Phase – 90-day KPI-driven validation program
6. Definitive Agreements – Master Agreement and Financing Schedule execution
7. Full Deployment – Lab delivery, faculty enablement, and go-to-market launch

Governance and Accountability Framework

The program incorporates institutional-grade oversight and performance management:

• Committee governance with standardized evaluation criteria and decision processes
• KPI-driven measurement including completion rates, job placements, and revenue generation
• Independent verification of outcomes and performance metrics
• Data privacy compliance with FERPA, GDPR, and institutional security requirements
• Quality assurance through standardized curricula and faculty training programs

Market Response and Early Adoption

Initial market research indicates strong institutional interest across multiple segments:

• Community colleges seeking workforce development leadership in high-growth regions
• Universities requiring research-grade XR capabilities for academic programs
• Workforce agencies needing scalable training infrastructure for regional economic development
• Corporate education providers wanting turnkey capabilities for employer partnerships

The invitation-only structure ensures program quality while managing deployment capacity across target markets.

Immediate Availability and Application Process

SkillBuild SPV accepts applications from qualified institutions through a streamlined online process. The program targets accredited universities, community colleges, technical colleges, and workforce agencies with clear goals for skills delivery, job placement, and income generation.

Institutions interested in Fast-Start activation can elect the FSO during application submission to receive immediate access to internal-use licenses and starter lab equipment while contracts finalize.

About SkillBuild SPV College Partnership Program

SkillBuild SPV represents EON Reality’s commitment to democratizing access to advanced educational technology through innovative financing structures. By eliminating traditional capital barriers and providing comprehensive implementation support, the program enables institutions to focus on outcomes rather than procurement challenges.

The SPV model transforms educational technology from a capital expense into a revenue-generating asset, ensuring sustainable program operation while delivering measurable skills, jobs, and income outcomes for learners and regional economies.

For a deeper dive intoEON SkillBuild, access the full white paper:EON SkillBuild SPV: Bankable Workforce Transformation for the AI Era.

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About EON Reality

EON Reality is the world leader in AI-assisted Augmented and Virtual Reality-based knowledge transfer solutions for education and industry. With over 25 years of experience and a global presence across six continents, EON Reality has pioneered innovative technologies including the EON-XR platform, AI-powered learning frameworks, and immersive training solutions. The company is dedicated to making knowledge accessible worldwide through cutting-edge technology, serving millions of learners across educational institutions and enterprises globally. For more information, visit www.eonreality.com