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XReality Group Ltd ( (AU:XRG) ) has provided an announcement.
XReality Group Ltd is shifting its focus towards its Operator XR product, which is experiencing significant growth and is aimed at providing advanced XR training solutions globally for defense and law enforcement. The company is expanding into key markets in North America, Asia, and Europe, while considering divesting its legacy entertainment businesses to strengthen its position in the global XR training industry.
More about XReality Group Ltd
XReality Group Ltd is a market leader in immersive Extended Reality (XR) solutions, offering both Virtual Reality (VR) and Augmented Reality (AR) experiences. Their portfolio includes advanced XR training and simulation products, VR entertainment, and indoor skydiving facilities, with a focus on the Operator XR product for defense and law enforcement agencies.
Average Trading Volume: 417,268
Technical Sentiment Signal: Sell
Current Market Cap: A$18.58M
Learn more about XRG stock on TipRanks’ Stock Analysis page.