News
Contained in the following document is a detailed report for xReality Group’s current equity as researched by Veritas group. Please click the download button to receive a copy of the 19-page document.
We are pleased to announce that our US subsidiary, Operator XR LLC (Operator XR), has achieved a remarkable milestone with its first US customer. This accomplishment marks a pivotal moment in affirming Operator XR’s viability to cater to a diverse range of law enforcement needs within the United States.
Elevating Law Enforcement Training
The Garfield County Sheriff’s Office in Colorado has embraced Operator XR’s cutting-edge training solutions. They have procured both product lines, to service their tactical teams needs for immersive team-based Virtual Reality (VR) training capability, and its patrol officers for de-escalation training.
A Choice Backed by Excellence
The selection of Operator XR by the Garfield County Sheriff’s Office followed a comprehensive evaluation process. This choice reinforces the company’s capability to address modern law enforcement training challenges effectively.
A Visionary Partnership
Lou Vallario, Garfield County Sheriff, highlights how Operator XR’s platform aligns with their vision of proactive preparedness. This partnership aims to equip deputies with the skills needed to ensure safety, service, and security, fostering a transformative change in virtual law enforcement training.
A Momentous Achievement
“Securing our first customer in the USA marks a major milestone for XRG. It highlights the product fit and sets the stage for our sustained commitment and growth in the North American markets. The significance of this first sale cannot be understated, it will amplify our presence in the market and provide a substantial springboard into a large number of agencies of all sizes.” – Wayne Jones, CEO of xReality Group Limited.
Expanding Horizons
The partnership with the Garfield County Sheriff’s Office is a significant step in Operator XR’s strategic approach to target law enforcement agencies within the 50-500 sworn officers range, encompassing roughly 3,000 agencies across the US. This approach aligns with Operator XR’s goal of widespread impact and value delivery.
As Operator XR gains ground in the US market, it signifies a promising path forward. This accomplishment underscores the company’s potential to redefine law enforcement training, contributing to safer communities through enhanced readiness.
Read the full ASX release here.
Operator XR
For more information on Operator XR, visit: https://operatorxr.com/
Operator XR is leading the way for immersive military virtual reality training and we are proud to announce the successful sale of its OP-1 Tactical Rehearsal System to the Australian Department of Defence.
The system will be used by the Australian Army and initially provided to deployed units to maintain military skills, using Operator XR’s immersive VR simulation platform, OP-1. This system brings a new dimension to enhancing critical military skills and has been purchased as part of a concept evaluation process.
The 4 person OP-1 System allows for tactical teams to train and rehearse in Close Quarters Battle (CQB) and urban combat scenarios with unparalleled realism.
Users train on their own weapons, as the system is supplied with M4 “drop in” kits that replace the bolt and magazine of the live weapon with an untethered, pneumatic recoil system and weapon tracking sensors. This integration creates a lifelike experience that mirrors real-world weapon handling.
The OP-1 System is a compact design, with the complete system for 4 users packing into a double rifle case. There are no external computers required, with the system operating seamlessly off a high-powered tablet, which also serves as the hub for the After Action Review (AAR) system.
Additionally, OP-1 operates completely offline, allowing the virtual reality training system to be deployed securely, and in locations without internet.
Operator XR is honoured to stand beside the Australian Department of Defence in their pursuit of maintaining and advancing the capabilities of their armed forces through cutting-edge technology.
For more information about Operator XR, visit: https://operatorxr.com/
We are thrilled to announce the launch of the Beta version of our subsidiary, Operator XR’s Tactical Software Development Kit (SDK).
This revolutionary tool empowers special forces, military, and law enforcement agencies to create immersive and realistic training scenarios. The Tactical SDK seamlessly integrates with Operator XR’s immersive tactical rehearsal systems, enabling end users to develop custom active shooter simulations, mission rehearsals, and other specialised scenarios.
The Tactical SDK features an intuitive visual editor and a powerful scripting API for scenario creation. It supports multi-user collaboration, real-time scenario development, and optimization between developers. With access to a growing library of pre-built 3D assets and environments, users can quickly build visually engaging scenarios.
The advanced AI and behaviour customisation capabilities enable dynamic and challenging training experiences, with characters exhibiting custom behaviours and decision-making processes. The SDK’s performance optimisation tools and in-depth analytics ensure smooth and immersive experiences for users while providing valuable insights for scenario improvement.
Operating offline, the Tactical SDK adheres to the highest security standards, enabling classified scenario development and protecting intellectual property. It supports a wide range of training scenarios, including active shooter simulations, tactical decision-making, close-quarters combat, vehicle interdictions, communication, teamwork, leadership exercises, and intelligence, surveillance, and reconnaissance training.
The release of Operator XR’s Tactical SDK showcases our commitment to delivering innovative virtual tactical rehearsal systems to the global special forces, military, and law enforcement markets. This software empowers our customers to reduce training costs significantly by creating custom training scenarios without external support.
Click here to read the full ASX release.
Find out more about Operator XR Tactical SDK here: https://operatorxr.com/virtual-reality-scenario-designer
xReality Group Limited are leaders in enterprise software development for mission critical simulations for military and law enforcement. The company develops and operates physical and digital simulations. Portfolio companies include Indoor Skydiving facilities, Virtual Reality (VR) and Augmented Reality (AR) entertainment, training, and production.
xReality Group Limited is listed on ASX under the code XRG.
xReality Group (XRG) is thrilled to share the news that we have been chosen as a technology and expertise supplier for a funded National trial of its Law Enforcement system. This prestigious trial aims to evaluate the effectiveness of Virtual Reality Simulation Based Training (VRSBT) in enhancing frontline safety for police officers.
Operator XR will be working closely with an undisclosed foreign National Police Force over the next six months, immersing their officers into highly personalised scenarios to assess the capabilities of our cutting-edge Virtual Reality (VR) system.
What sets Operator XR apart is its ability to provide police and law enforcement agencies with a highly portable, easy-to-use, and incredibly realistic Virtual Reality training experience.
One of the key benefits is that it doesn’t require internet connectivity, making it highly secure and easily configurable. It also allows officers to train together in the same VR environment, even in the most challenging situations. Additionally, they are able to bring their own policing equipment into the VR environment, enabling officers to conduct extremely realistic training scenarios.
Operator XR has worked tirelessly to develop the software from the ground up. Leveraging the latest innovations in Virtual Reality technology and our extensive experience in design and scaled software platforms, we have created a system that exceeds market expectations.
“The decision to award this National trial to XRG further confirms the quality and effectiveness of the technology. We are currently experiencing a high level of demand from around the world from both military and law enforcement agencies. We look forward to seeing the positive impact our technology can make on improving the safety and preparedness of those men and women on the frontline.” – Wayne Jones, CEO, xReality Group Ltd.
At xReality Group Limited, we believe that Virtual Reality Simulation Based Training is the future of law enforcement training. We are committed to playing a key role in enhancing the safety and preparedness of police officers worldwide. The national trial represents a significant step towards achieving this goal.
Read the full ASX Announcement here.
Find out more about Operator XR Law Enforcement System here: https://operatorxr.com/law-enforcement
xReality Group Limited are leaders in enterprise software development for mission critical simulations for military and law enforcement. The company develops and operates physical and digital simulations. Portfolio companies include Indoor Skydiving facilities, Virtual Reality (VR) and Augmented Reality (AR) entertainment, training, and production.
Operator provides Military and Law Enforcement agencies with a unique, integrated Mission Planning & Rehearsal System, which is portable, secure and highly immersive. See https://www.operatorxr.com
xReality Group Limited is listed on ASX under the code XRG.
We are proud to announce the appointment of Philip Copeland as Non-Executive Director and Chair of our newly formed International Expansion Committee.
With extensive experience in scaling enterprise SaaS businesses globally, particularly in government and financial services, Philip brings invaluable insights to guide our international growth strategy.
Philip, the former CEO and co-founder of Avoka Software, has a remarkable track record, leading the company to worldwide success before its acquisition by Temenos in 2018 for $US245M.
Currently residing in Colorado, USA, Philip will play a key role in our expansion into the US Government markets and driving growth through our Enterprise Software solutions.
“We are looking forward to Philip’s input in shaping our international growth strategy.” – Wayne Jones, CEO of xReality Group.
Philip added, “I am delighted to join the xReality Group Board. There is a tremendous opportunity to bring these innovative Australian products to the US and Global markets.”
We welcome Philip Copeland to our team and look forward to the exciting possibilities his expertise will bring as we embark on a transformative international journey.
Read the full ASX Announcement here.
xReality Group Limited are leaders in enterprise software development for mission critical simulations for military and law enforcement. The company develops and operates physical and digital simulations. Portfolio companies
include Indoor Skydiving facilities, Virtual Reality (VR) and Augmented Reality (AR) entertainment, training, and production.
Operator provides Military and Law Enforcement agencies with a unique, integrated Mission Planning & Rehearsal System, which is portable, secure and highly immersive. See https://www.operatorxr.com
xReality Group Limited is listed on ASX under the code XRG.
We are proud to announce a new and ongoing partnership with the Western Australian Police Force, in the first sale of our Operator LE de-escalation training system.
WA Police have implemented a $1.7M budget over a 5-year period, with their first order being valued at $1.04 million. This order includes hardware, software licensing, and on-demand technical support
over a 3-year term. The additional $634K covers licensing and support for a further two years of service.
Our Operator LE technology allows all forms of Law Enforcement – Police and otherwise – to train in realistic but completely simulated scenarios in a virtual reality environment. Compared with a physical training ground, Operator LE’s smaller virtual space and lightweight, easy-to-deploy technology, gives Law Enforcement more opportunities to enter and exit dynamic training scenarios at will. The system has been fully developed from the ground up by XRG, using the latest innovations in virtual reality technology. For a video demonstration of Operator, see http://www.operatorsimulation.com
Compared with a physical training ground, Operator LE’s smaller virtual space and lightweight, easy-to-deploy technology, gives Law Enforcement more opportunities to enter and exit dynamic training scenarios at will.
The Western Australia Police Force tendering process pitted Operator against established global competitors. The resulting success is validation of a superior product and market fit and we are excited about the future market potential. We have established an extensive pipeline of sales, receiving interest across four continents in a very short period of time.
The Western Australia Police Force currently includes over 7,300 Sworn Officers, which totals approximately 11% of Police Officers in Australia, and 0.3% of the Total Addressable Market in Law Enforcement globally.
DroneShield, an Australian defence solutions company that targets military Drone and AI
technology, has partnered with Operator to provide training for scenarios that
involve counterdrone and C-UAS situations.
Our virtual reality training program, Operator VR, contains a wide variety of scenarios
that allow military personnel to train in a safe environment. The rapid
deployment technology gives soldiers the opportunity to insert themselves into
any situation and train in response, tactics, and outcomes.
In a video released by Red Cartel, the developers of Operator’s systems, a device known as
the DroneGun is being deployed to eliminate a drone threat safely. In both
virtual and physical spaces, this equipment allows military personnel to defend
themselves against Drone strikes without resorting to kinetic projectiles such
as personal firearms, where soldiers are more likely to miss a small, fast
target. Watch the video here:
By utilizing scenarios designed by DroneShield for use inside Operator’s VR training grounds, personnel can deploy and practice with DroneGuns to better understand how they function, without putting themselves or active military drones at risk. The Operator Command Centre allows instructors to observe the training inside the virtual world in real-time, from multiple viewpoints, and provide live feedback to soldiers without needing to terminate the simulation.
The launch of this product was bookended by a promotional event at the I/ITSEC 2022 Exhibition in Orlando, Florida. The expo ran from November 28th to December 2nd and was a great success for everyone involved.
We are looking forward to continuing our partnership with DroneShield to develop and deliver the best possible counterdrone training simulations. We are confident that, with the increase of unmanned aerial systems used in military operations, we can provide safe and efficient training to members of the military tasked with C-UAS procedures.
We offer a massive congratulations our team at iFLY Downunder, who, through their consistently outstanding skill and performance, were able to secure two awards at the Local Business Awards in October 2022.
iFLY Downunder has been awarded the Penrith Tourism & Experiences Award, which is an incredible feat of its own volition, but further went on to receive the Penrith Business of the Year award. Our team was nominated as finalists for the former category and we are beyond excited to be crowned winners for both categories at the ceremony. We are immensely proud of everyone for working so hard to accomplish all that they have since we first opened.
“Winning these awards would not have been possible without the passion, dedication, and hard work from all the employees and our supporters. We are proud to be part of a team that works so hard and supports each other, each day, to provide an amazing experience to our customers. Speaking on teamwork, it reminds me of a quote said by Hellen Keller “Alone we can do so little, together we can do so much”. We would like to thank everyone that has voted and continue to support iFLY we are all extremely grateful.” -Barbara McCarthy, iFLY Downunder Head of Sales.
We deeply appreciate the iFLY community for recognising our team and the hard work they put into providing a quality experience to each person through our doors. We are proud to be able to provide a unique and outstanding experience to people across Sydney and further. We look forward to seeing how iFLY will continue to evolve in the coming years.
Want to fly? Head to https://downunder.iflyworld.com.au/ or call 1300 435 966.
We are proud to announce the opening of FREAK Entertainment’s fifth venue, FREAK Surfers Paradise!
Located in the renowned Paradise Centre on Cavill Avenue, attracting an impressive 13.1 million tourists annually, FREAK Surfers Paradise spans an impressive 195m² and features two flagship free roam Arena’s, VR Escape Rooms, FREAK Drive racing simulators, and a VR Arcade. FREAK also joins other popular tenants like Timezone, Zone Bowling, El Camino Mexican Cantina, and Maniax Axe Throwing. The new venue also presents a number of cross-promotional opportunities with our indoor skydiving venue, iFLY Gold Coast, located just a short walk away.
We are also excited to announce the launch of game-changing, innovative technology at FREAK Surfers Paradise, with the venue becoming the first fully-wireless and untethered FREAK location! This technology advancement removes the need for backpack computers, offering an enhanced customer experience, wider audience accessibility, and improved customer throughput.
Application of this wireless and untethered technology cements FREAK’s commitment to delivering world-class experiences, and is made possible through strategic partnerships with HP and HTC Vive cultivated over the last 3 years.
We are thrilled about this fantastic milestone and look forward to providing many new customers to the world-leading entertainment that FREAK offers.
Find out more about FREAK Entertainment here: https://freakvr.com.au/