Euronext-listed Virtualware (MLVIR.PA) inks Multi-Year Agreement with Leading Global Energy Company
October 03 2023 - 1:00AM
Euronext-listed Virtualware (MLVIR.PA) inks
Multi-Year Agreement with Leading Global Energy Company
Bilbao, October 3, 2023. - Spanish Virtual Reality company
Virtualware (MLVIR.PA), a European leader in the virtual reality
space, has signed a seven-figure, multi-year agreement with a
leading U.S.-based energy company.This contract will allow
Virtualware's team to continue providing cutting-edge training
services for the energy industry.With this contract, valid for five
years, and renewable, the industrial corporation will continue to
leverage their training processes through Virtualware’s VR as a
Service Platform VIROO. Virtualware’s flagship product VIROO
is the world’s pioneering VR as a Service (VRaaS) platform, makes
Virtual Reality accessible to companies and institutions of all
sizes and sectors. It is an all-in-one digital solution that
enables the development and deployment of multi-user Virtual
Reality applications remotely.VIROO is already used by more than 40
companies and institutions worldwide including GE Hitachi Nuclear
Energy, Ontario Power Generation, Gestamp, ADIF, the Spanish
Ministry of Defense, Invest WindsorEssex, McMaster University,
University of El Salvador and EAN University. The enterprise VR
platform has been the backbone to develop strategic projects for
defense ministries, critical infrastructure training projects, and
innovative educational programs.Virtualware is a global pioneer in
developing Virtual Reality solutions for major industrial,
educational, and healthcare conglomerates. Since its founding in
2004, the company has garnered widespread recognition for its
accomplishments. In 2021, Virtualware was acknowledged as the
world’s most Innovative VR Company.It is based in Bilbao, Spain,
and has offices in Hamilton, Ontario, Canada.The company went
public on Euronext Access Paris on April 2023, where its stock
currently trades at 8,50 euros a share. FORWARD
LOOKING STATEMENTSThis document is only provided for
information purposes and does not constitute, nor should it be
interpreted as, an offer to sell or exchange or acquire, or an
invitation for offers to buy securities issued by any of the
aforementioned companies. Any decision to buy or invest in
securities in relation to a specific issue must be made solely and
exclusively on the basis of the information set out in the
pertinent prospectus filed by the company in relation to such
specific issue. No one who becomes aware of the information
contained in this report should regard it as definitive, because it
is subject to changes and modifications.This document contains or
may contain forward-looking statements regarding intentions,
expectations or projections of Virtualware 2007, S.A.
(“Virtualware” or the “Company”) or of its management on the date
thereof, that refer to or incorporate various assumptions and
projections, including projections about the future earnings of the
business. The statements contained herein are based on our current
projections, but the actual results may be substantially modified
in the future by various risks and other factors that may cause the
results or final decisions to differ from such intentions,
projections or estimates. These factors include, without
limitation, (1) the market situation, macroeconomic factors,
regulatory, political or government guidelines, (2) domestic and
international stock market movements, exchange rates and interest
rates, (3) competitive pressures, (4) technological changes, (5)
alterations in the financial situation, creditworthiness or
solvency of our customers, debtors or counterparts. These factors
could cause or result in actual events differing from the
information and intentions stated, projected or forecast in this
document or in other past or future documents. Virtualware does not
undertake to publicly revise the contents of this or any other
document, either if the events are not as described herein, or if
such events lead to changes in the information contained in this
document. This disclaimer needs to be taken into account by those
persons which may take a decision over the base of this document or
to elaborate or disseminate opinions based hereof. This document
may contain summarised information or information that has not been
audited. This document is confidential and it cannot be revealed or
disclosed to third parties different from the original recipients,
even partially, without Virtualware’s prior consent.
Virtualware 2007 (EU:MLVIR)
Historical Stock Chart
From May 2024 to Jun 2024
Virtualware 2007 (EU:MLVIR)
Historical Stock Chart
From Jun 2023 to Jun 2024