Revenues at VR company Engage XR rise 41% in first half of 2022

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Company is preparing to launch its metaverse platform

Engage XR is preparing to launch its metaverse offering, with HTC and the Virtual Human Interaction Lab at Stanford University confirmed as launch partners. The company said an unnamed multi-national professional services firm, a global technology company and a leading publisher and education company have also agreed to be launch partners.

Ahead of the launch, Engage XR said it was expanding its US presence, with the sales team now at 10 employees. “We are laser-focused on providing enterprise services within the wider Metaverse. Where other platforms have focused on user growth at all costs, only to gather a much younger audience, we have focused on developing tools and services to work with enterprise customers and universities and how they engage with employees, customers and students in the Metaverse,” said Mr David Whelan.

“It’s been said that ‘The best way to predict the future is to shape it’. At Engage, we are certainly taking that to heart. The Metaverse is not just for games and entertainment as we lead the way in terms of enterprise and education applications. This space is about to get interesting as we get set to turn on the lights at Engage Link.”

 

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