MLVIR VIRTUALWARE 2007 SA

Unleashing the Power of Virtual Reality: McMaster University & Virtualware’s IMRSV@Mac VR Lab!

Unleashing the Power of Virtual Reality: McMaster University & Virtualware’s IMRSV@Mac VR Lab!

HAMILTON, Ontario, May 31, 2023 (GLOBE NEWSWIRE) -- The Faculty of Engineering at McMaster University, in partnership with the VR company Virtualware (EPA: MLVIR), officially announces the grand opening of the New VR Lab called IMRSV@MAC powered by VIROO®.

The inauguration event will take place on June 1st at McMaster Innovation Park (MIP) in Hamilton, where guests will have the opportunity to explore the 100m2 facility and experience live demonstrations of initial VR use cases developed by Dr. Emadi’s research team and industrial examples created by Virtualware.

“The unveiling of the custom-built immersive room will provide access to students, faculty, and businesses to push boundaries and explore the use of VR tools and technologies in the region,” says Ali Emadi, engineering professor and Canada Research Chair in Transportation Electrification and Smart Mobility, McMaster Engineering.

IMRSV@MAC is poised to become a leading destination for technology enthusiasts, aiming to accelerate the adoption of VR through collaborative efforts between academia and industry. The VR Lab will serve as a catalyst for the development of future-proof skills in research, career advancement, and professional growth across all sectors. Powered by VIROO®, the Enterprise Platform fostering VR innovation at scale, this cutting-edge resource will be open to students, faculty, local businesses, and international partners.

“Thanks to the VIROO® platform, the Faculty of Engineering at McMaster University will now have the ability to create content without the need to write a single line of code and deploy multi-user virtual reality autonomously,” says Unai Extremo, CEO & Founder of Virtualware.

IMRSV@MAC signifies an exciting leap forward in the service of Ontario’s industries. The four-year partnership between McMaster University and Virtualware will leverage each organization’s strengths to accelerate the adoption of VR in academic and enterprise sectors.

About McMaster University

McMaster Engineering is committed to the pursuit of excellence and plays a significant role in helping McMaster University earn its reputation as one of Canada’s most innovative universities. Created in 1958, The Faculty of Engineering at McMaster is committed to research with impact and transforming the education of engineering through The Pivot - the first program of its kind to intensely focus on our engineering students and their learning.

About Virtualware

Virtualware is one of the pioneering corporations in the European Virtual Reality industry applied to the industrial, educational and healthcare sectors. Virtualware’s flagship product VIROO, the world’s pioneering VR as a Service (VRaaS) platform, makes Virtual Reality accessible to companies and institutions of all sizes and sectors. It is an all-in-one digital solution that enables the development and deployment of multi-user Virtual Reality applications remotely.

virtualwareco.com



Media Contacts

Aida Otaola

Head of Communications

Virtualware

Email:  
EN
31/05/2023

Underlying

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

Reports on VIRTUALWARE 2007 SA

 PRESS RELEASE

Virtualware Issues 2026 Guidance: Expects Organic Revenue Growth Excee...

Virtualware Issues 2026 Guidance: Expects Organic Revenue Growth Exceeding 30% and EBITDA Margins of 20-25% Bilbao, February 12, 2026,-Virtualware (EPA: ALVIR), a leading expert in virtual reality for industry, listed on Euronext Growth Paris, today issued its financial guidance for fiscal year 2026 in a market letter issued by its founder and CEO, Unai Extremo.  The company expects to return to double-digit organic revenue growth, targeting more than 30%, alongside EBITDA margins in the 20–25% range.  The company expects its subscription-based VR-as-a-Service business model to continue t...

 PRESS RELEASE

Virtualware publica su guidance para 2026: prevé un crecimiento orgáni...

Virtualware publica su guidance para 2026: prevé un crecimiento orgánico superior al 30% y un EBITDA del 20-25% Bilbao, 12 de febrero de 2026, - Virtualware (EPA: ALVIR), líder europeo en tecnología de realidad virtual industrial, ha publicado hoy sus previsiones financieras para el ejercicio 2026 en una carta al mercado firmada por su fundador y CEO, Unai Extremo. La compañía, cotizada en Euronext Growth Paris, prevé volver al crecimiento orgánico de doble dígito, esperando superar el 30%, y recuperar niveles de EBITDA del 20-25%. La compañía espera que su modelo de negocio de suscripció...

 PRESS RELEASE

Virtualware reports record bookings of over €8 million in 2025

Virtualware reports record bookings of over €8 million in 2025 Bilbao, February 5th, 2026.-  Virtualware (EPA: ALVIR), a leading expert in virtual reality for industry, , closed 2025 with record bookings, exceeding €8 million. These bookings, derived primarily from government and nuclear projects, will enable the company to consolidate its position in the coming years. The company, which today presented its yearly unaudited results to Euronext, reported €4.32 million in revenue in 2025, a 2.85% increase YoY, with reported EBITDA of €598,509 (13.8% margin). The company's VIROO XRaaS line,...

 PRESS RELEASE

Virtualware registra la mayor contratación de su historia en 2025, sup...

Virtualware registra la mayor contratación de su historia en 2025, superando los 8 millones de euros Bilbao, 5 de febrero de 2026,- Virtualware (EPA: ALVIR), referente en soluciones de realidad virtual para la industria y , cerró 2025 con la mayor contratación de su historia, superando los 8 millones de euros. Esta contratación, procedente principalmente de proyectos del ámbito público y del sector nuclear, permitirá a la compañía consolidar su posición en los próximos años. La compañía, que hoy presentó a Euronext sus resultados anuales preliminares no auditados, registró en 2025 ingreso...

 PRESS RELEASE

Virtualware enregistre des prises de commandes record de plus de 8 M€ ...

Virtualware enregistre des prises de commandes record de plus de 8 M€ en 2025 Bilbao, le 5 février 2026,- Virtualware (EPA: ALVIR), expert de référence en réalité virtuelle pour l'industrie et coté sur Euronext Growth Paris, a clôturé l'exercice 2025 avec des prises de commandes record, supérieures à 8 M€. Ces prises de commandes, provenant principalement de projets du secteur public et du nucléaire, permettront à l’entreprise de consolider sa position au cours des prochaines années. La société, qui a présenté aujourd’hui à Euronext ses résultats annuels préliminaires non audités, a enreg...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch