DBO/A D-Box Technologies Inc. (Cl A)

Vesaro partners with D-BOX technologies to equip up to 30 Kindred Concepts entertainment centers with 60 racing simulators

Vesaro partners with D-BOX technologies to equip up to 30 Kindred Concepts entertainment centers with 60 racing simulators

A state-of-the-art Formula 1 racing simulation experience

LONDON and MONTREAL, June 29, 2022 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO), a world leader in haptic and immersive entertainment, is partnering with Vesaro, a British designer and manufacturer of high-quality racing simulators for the new Kindred Concepts entertainment centres. This new type of entertainment center provides an immersive, state-of-the-art Formula 1 racing simulation experience, gamified for a mass audience in a unique global licence agreement with Formula 1®. Vesaro will design, engineer, and build unique and advanced racing simulators meeting the high standards of the Formula 1 organization, which will be deployed in all Kindred Concepts centers. A first venue equipped with 60 racing simulators will be installed in the city of London, England by the end of 2022, with potentially as many as 30 venues worldwide over the next five years.

The pandemic paved the way for sim racing and the market is growing quite rapidly. The quality of racing games has greatly improved, and we are now approaching the realism of car racing both in terms of the virtual representation of established racing circuits as well as the sensations felt when driving a race car. The deployment of Kindred Concepts will undoubtedly benefit the identification and training of a new generation of Formula 1 racing drivers by allowing them to familiarise and memorise the different circuits and various race car settings, without a time limit and at a fraction of the cost of a real racing practice session.

“We really believe in this concept of Sim Racing centers and are proud to have been selected by Vesaro, our long-time partner in racing simulation. Kindred Concepts wants to bring together racing in a social environment all around the world. Each center will be supplied with state-of-the-art Vesaro simulators equipped with D-BOX haptic system, giving racing fans the best immersive social racing experience. They want to provide the best-in-class experiences, and with the strength of the Formula One brand, they are going to break barriers in competitive socialising. Cutting-edge technology from Vesaro and D-BOX with the excitement of F1 will create an unforgettable, adrenaline-fueled experience,” declared Sébastien Mailhot, President and Chief Executive Officer at D-BOX. “This will give fans a slight idea of what it is like to sit in the cockpit of a vehicle that is capable of traveling at more than 300 km/h.”

“It was obvious for Vesaro to involve D-BOX in this project. Haptic systems are essential when it comes time to recreate the realism of a race, and D-BOX is the best in that field. Our racing simulators will bring to life the experience of driving a Formula 1 car in a stylish and fun environment, giving more people the opportunity to enjoy and get closer to the world of Formula 1,” declared Nevil Slade, Chief Executive Officer at Vesaro. “D-BOX provides experiences like we do. When people sit in our simulator, we have to wow them, and this new concept developed by Kindred Concepts is going to make them experience something special and take their breath away.”

The first center is expected to open at the One New Change center in London at the end of this year, with plans to extend to the USA, Middle East, and Asia in consideration as well.

ABOUT VESARO

Vesaro is a British design and manufacturing company with its headquarters in the heart of Kent in England. From here we design, engineer and build some of the world’s most advanced simulators. Our core product is the world’s only commercial-grade modular simulation system, offering versatility that has never been seen before. In addition to the core Vesaro I modular system, Vesaro designs and builds flight & helicopter simulators as well as Formula body style F1 simulators, making Vesaro a complete solution for your entertainment and training needs.

ABOUT D-BOX

D-BOX creates and redefines realistic, immersive entertainment experiences by moving the body and sparking the imagination through effects: motion, vibration and texture. D-BOX has collaborated with some of the best companies in the world to deliver new ways to enhance great stories. Whether it’s movies, video games, music, relaxation, virtual reality applications, metaverse experience, themed entertainment or professional simulation, D-BOX creates a feeling of presence that makes life resonate like never before. D-BOX Technologies Inc. (TSX: DBO) is headquartered in Montreal with offices in Los Angeles, USA and Beijing, China. Visit .

FOR FURTHER INFORMATION, PLEASE CONTACT:                  

D-BOX TECHNOLOGIES INC. 
Stéphane Vidal  David Montpetit
Vice President, Marketing and Communication   Chief Financial Officer
514 826-1903  450 999-3216
  
VESARO 
Nevil Slade 
CEO Vesaro 
+44 (0) 7909 9777 07 
 

                  

 



EN
29/06/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on D-Box Technologies Inc. (Cl A)

Nicholas Cortellucci ... (+2)
  • Nicholas Cortellucci
  • CFA

Finding the Next Takeout in Canadian Small-Caps - Part Five

What you need to know: • This series went on a brief hiatus through 2025 as takeouts of small-cap Canadian equities slowed down, however, things appear to be heating up again with a flurry of acquisitions happening over the last few months. • Our potential takeouts portfolio is up 96% since inception, representing 37% annualized and is up 24% in 2025, slightly lagging the resource-heavy TSX last yer. The portfolio successfully predicted four takeouts. • We review the biggest winners and losers ...

 PRESS RELEASE

D-BOX Technologies Appoints Scott Sherr as Chief Commercial Officer

D-BOX Technologies Appoints Scott Sherr as Chief Commercial Officer MONTREAL, Dec. 03, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (TSX: DBO), a global leader in haptic and immersive entertainment technology with systems deployed on well over 1,000 theatrical screens worldwide and a growing leadership position across simulation racing, training, and experiential markets, announces the appointment of Scott Sherr as Chief Commercial Officer, reporting directly to the President and Chief Executive Officer and joining the executive leadership team effective immediately. This appointment ...

 PRESS RELEASE

D-BOX Technologies nomme Scott Sherr au poste de chef des affaires com...

D-BOX Technologies nomme Scott Sherr au poste de chef des affaires commerciales MONTRÉAL, 03 déc. 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies inc. (TSX : DBO), chef de file mondial en matière de technologie haptique et immersive, dont les systèmes sont déployés sur plus de 1 000 écrans de cinéma à travers le monde et qui occupe une position de plus en plus dominante dans les marchés de la simulation de course, de la formation et des expériences immersives, annonce la nomination de Scott Sherr au poste de chef des affaires commerciales (« CAC »). Relevant directement du président et chef d...

 PRESS RELEASE

D-BOX Reports Multiple Record Setting Quarter and $4.5 Million Net Pro...

D-BOX Reports Multiple Record Setting Quarter and $4.5 Million Net Profit in Second Quarter Fiscal 2026 Q2 Fiscal 2026 Highlights Record royalties of $4.5 millionRecord total revenues of $16.1 millionRecord net profit of $4.5 million after a $0.4 million restructuring chargeRecord adjusted EBITDA1 of $5.6 million MONTREAL, Nov. 12, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Company") (TSX: DBO) today reported financial results for its second quarter ended September 30, 2025. “In Q2 2026, D-BOX royalties continued to outpace market benchmarks,” said Naveen Prasad,...

 PRESS RELEASE

D-BOX annonce plusieurs records trimestriels et un résultat net de 4,5...

D-BOX annonce plusieurs records trimestriels et un résultat net de 4,5 millions de dollars pour le deuxième trimestre de l'exercice 2026 FAITS SAILLANTS DU DEUXIÈME TRIMESTRE DE L'EXERCICE 2026 Redevances record de 4,5 millions de dollarsRevenus totaux de 16,1 millions de dollarsRésultat net record de 4,5 millions de dollars après une charge de restructuration de 0,4 million de dollarsBAIIA ajusté1 record de 5,6 millions de dollars MONTRÉAL, 12 nov. 2025 (GLOBE NEWSWIRE) -- Technologies D-BOX Inc. (« D-BOX » ou la « Société ») (TSX : DBO), a annoncé aujourd’hui les résultats de son deux...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch