TruGolf Holdings announced it has entered into a definitive agreement with mlSpatial, a leading AI and machine learning engineering company, to license the AI engine they co-developed to increase 9-axis spin accuracy for TruGolf’s acclaimed new APOGEE launch monitor. The agreement gives TruGolf the first right of refusal to purchase 100% of mlSpatial assets. This relationship will help strengthen the position of TruGolf in the golf simulation market which was valued at $1.31 billion in 2023 and is expected to reach $3.41 billion by the end of 2030 with a CAGR of 24%, according to Verified Market Reports. “The collaboration with mlSpatial marks an exciting chapter in TruGolf’s journey towards perfection in launch monitor accuracy,” stated Brenner Adams, Chief Growth Officer of TruGolf. “By leveraging AI technology, we are empowering players to enjoy indoor golfing like never before, with enhanced accuracy, ease of use, and immersive gameplay.”
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