TIDMEXR
Engage XR Holdings PLC
07 April 2022
ENGAGE XR Holdings Plc
("ENGAGE XR" or the "Group")
Engage Partners with Victory XR to Launch 10 Metaversities,
funded by Meta
ENGAGE XR Holdings Plc, a virtual reality ('VR') technology
company, is pleased to announce that its partner, VictoryXR, has
published the below release regarding the launch of ten
metaversities in the US this fall.
The partnership was funded by Meta Immersive Learning, an arm of
Meta which is investing to help develop the next generation of
metaverse creators, with each campus built by VictoryXR on Engage
XR's proprietary software platform.
Ten Metaversities Launching in U.S. this Fall in first VictoryXR
Cohort
Metaverse education is taking hold at American colleges and
universities in a big way this fall. This fall's cohort finds some
big names planning to roll out digital twin campuses.
Each school will roll out a digital twin, replica campus for
students to attend whether they are on campus or learning remotely.
In addition, each student will receive a Quest 2 virtual reality
headset for use during the course they are taking. Finally, courses
will be synchronous, or multi-student, as if they were attending
class on a physical campus.
"When the history of metaverse education is written, these are
the schools that will be known as the metaverse pioneers," said
Steve Grubbs, VictoryXR CEO. "Remote learning is growing and these
schools have decided to look for something better than a Zoom
class."
The partnership was funded, in part, by Meta Immersive Learning
(NASDAQ: FB). Meta will provide Quest 2 headsets during the project
on each campus as well as funding for the digital twin buildouts.
Each campus is built by VictoryXR on the EngageVR platform (LON:
EXR).
See digital twin campus demo here:
https://youtu.be/-2hR5jSphsU
The List of Universities and Colleges Include one veteran school
and nine new metaversities:
Morehouse College
University of Kansas School of Nursing
New Mexico State University
South Dakota State University
West Virginia University
University of Maryland Global Campus
Southwestern Oregon Community College
Three additional metaversities will be released in May.
"More than any learning innovation I have been involved with,
Morehouse in the Metaverse has made the biggest difference for the
students I teach," said Dr. Muhsinah Morris, associate professor at
Morehouse College.
Using either a virtual reality headset, or a PC, students will
enter the metacampus with other students and their professor.
There, they will engage in classroom experiences like delving into
human anatomy, history field trips through a time machine or
astronomy on a starship.
"Just like the real world, students will be able to break into
small groups and work on projects together, no matter their
physical distance," said Grubbs, "but unlike the real world, they
will be able to shrink to the size of Ant-man and tour the human
body. It's no wonder student retention is so much greater."
Last year, accountancy firm PwC published research on the
advantages of using VR for learning*. The findings showed that 40%
of VR learners are more confident in applying what they've been
taught and 150% more engaged. In addition, VR was found to be 400%
faster than classroom-based learning.
https://www.victoryxr.com/ten-metaversities-launching-in-u-s-this-fall-in-first-victoryxr-cohort/
For further information, please contact:
ENGAGE XR Holdings Plc Tel: +353 87 665
David Whelan, CEO 6708
Séamus Larrissey, CFO info@engagexr.co
Sandra Whelan, COO
finnCap Ltd (Nominated Adviser & Joint Broker) Tel: +44 (0) 20 7220
Marc Milmo (Corporate Finance) 0500
Seamus Fricker (Corporate Finance)
James Balicki (Corporate Finance)
Sunila de Silva (ECM)
Shard Capital Partners LLP (Joint Broker) Tel: +44 (0) 20 7186
Damon Heath 9952
Erik Woolgar
Davy (Joint Broker & Euronext Growth Advisor) Tel: +353 1 679 6363
Barry Murphy
Lauren O'Sullivan
Oisin Morgan
SEC Newgate (Financial PR) Tel: 020 3757 6880
Robin Tozer / Isabelle Smurfit engage@secnewgate.co.uk
About ENGAGE XR
ENGAGE XR Holdings plc (AIM: EXR; Euronext Growth: EXR) is a
virtual reality ('VR') technology company focused on becoming a
leading global provider of virtual communications solutions through
its proprietary software platform, ENGAGE. ENGAGE provides users
with a platform for creating, sharing, and delivering VR content
for education, training, and online events through its three
solutions: Virtual Campus, Virtual Office, and Virtual Events.
ENGAGE is currently developing a new fully featured corporate
metaverse codenamed "ENGAGE Oasis" with the launch expected in the
first half of 2022.
EXR is listed on AIM in London and on the Enterprise Securities
Market, a market regulated by Euronext Dublin.
For further information, please visit: www.engagexrholdings.com
(LinkedIn: @Engage XR Holdings plc Twitter: @engage_xr)
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April 07, 2022 02:10 ET (06:10 GMT)
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