Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company
driving the digital transformation of the built world, today
announced the Exploration to Equity program, a new corporate social
impact initiative that supports nonprofit organizations to use the
Matterport Digital Twin Platform to increase access for
underrepresented groups. As part of the program, Matterport will
donate its technology and services to select, qualifying
organizations such as its first partner organization, Space
Foundation Discovery Museum, allowing them to capture and provide
people with access to their Matterport 3D spaces. The program will
prioritize projects that support marginalized, disenfranchised, and
vulnerable populations and focus on capturing historically and
socially significant spaces.
“At Matterport, we are committed to reimagining ways to
collaborate, explore, and share spaces,” said Qadira Harris, Senior
Director of Global Responsibility at Matterport. “For organizations
like nonprofits and schools, we recognize the power technology and
data can have to tackle some of society's biggest challenges. By
leveraging our people, products, and services, we aim to strengthen
and empower communities to become stronger, unified, inclusive, and
more resilient.”
Matterport’s mission is to make every building and space more
valuable and accessible through the creation of digital twins, or
replicas, of those spaces. Among the 4 billion spaces in the world,
the Matterport Exploration to Equity program aims to capture some
of these spaces for the greater good of society. The Matterport
Exploration to Equity program supports creative and innovative
organizations that demonstrate equitable solutions to building
community resilience through access to spaces. As part of the
program, Matterport will evaluate submissions from qualifying
US-based 501(c)(3) non-profit organizations, K-12 public schools,
and public universities to bring historically or socially
significant spaces to life through the Matterport Digital Twin
Platform, allowing anyone, anywhere to visit.
The first organization to benefit from the new program is the
Space Foundation Discovery Museum, based in Colorado Springs,
Colorado. An interactive, education-focused destination, the Space
Foundation Discovery Museum is Colorado’s first and only dedicated
space, science, and technology museum. A popular field trip
destination for school children, Matterport donated services to
capture a digital twin of the museum to create a new immersive,
virtual experience to help power remote learning opportunities for
students beyond their immediate region. Go here to see the Space
Foundation Discovery Museum virtual experience.
"We are grateful for Matterport's support to help us virtually
capture the Space Foundation Discovery Center and to be part of
their Exploration to Equity program," said Rachel English, director
of Discovery Center. "Creating a digital twin of the Discovery
Center to enable virtual visits will open opportunities to many
more students to discover space and explore our incredible
programming from anywhere. Matterport's efforts to help increase
community inclusion and provide equitable access to the Discovery
Center is exciting, and Space Foundation is humbled to be the first
organization to be included in their program."Interested 501(c)(3),
or public K-12 or universities can learn more about the Exploration
to Equity program or wish to submit an application, visit
matterport.com/social-impact.
About MatterportMatterport, Inc. (Nasdaq: MTTR)
is leading the digital transformation of the built world. Our
groundbreaking spatial data platform turns buildings into data to
make nearly every space more valuable and accessible. Millions of
buildings in more than 177 countries have been transformed into
immersive Matterport digital twins to improve every part of the
building lifecycle from planning, construction, and operations to
documentation, appraisal, and marketing. Learn more at
Matterport.com and visit our Discover page to browse a collection
of digital twins captured by our customers.
©2022 Matterport, Inc. All rights reserved. Matterport is a
registered trademark and the Matterport logo is a trademark of
Matterport, Inc. All other marks are the property of their
respective owners.
Media Contact:Tim McDowdDirector,
Communicationspress@matterport.com +1 (650) 273-6999
Investor Contact: Soohwan Kim, CFAVP, Investor
Relationsir@matterport.com
Forward-Looking StatementsThis document contains certain
forward-looking statements within the meaning of the federal
securities laws, including statements regarding the benefits of the
business combination, the services offered by Matterport, Inc.
(“Matterport”) and the markets in which Matterport operates,
business strategies, debt levels, industry environment, potential
growth opportunities, the effects of regulations and Matterport’s
projected future results. These forward-looking statements
generally are identified by the words “believe,” “project,”
“expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,”
“forecast,” “opportunity,” “plan,” “may,” “should,” “will,”
“would,” “will be,” “will continue,” “will likely result,” and
similar expressions (including the negative versions of such words
or expressions).
Forward-looking statements are predictions, projections and
other statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks
and uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this
document, including the expected benefits of Matterport’s launch of
social impact programs, Matterport’s ability to implement business
plans, forecasts, and other expectations in the industry in which
Matterport competes, and identify and realize additional
opportunities. The foregoing list of factors is not exhaustive. You
should carefully consider the foregoing factors and the other risks
and uncertainties described in documents filed by Matterport from
time to time with the U.S. Securities and Exchange Commission (the
“SEC”). These filings identify and address other important risks
and uncertainties that could cause actual events and results to
differ materially from those contained in the forward looking
statements. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and Matterport assumes no obligation
and, except as required by law, does not intend to update or revise
these forward-looking statements, whether as a result of new
information, future events, or otherwise. Matterport does not give
any assurance that it will achieve its expectations.
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