MLVIR VIRTUALWARE 2007 SA

Virtualware Collaborates at "Imagining 2080" to Showcase the Potential of Virtual Reality in Canada's Future

Virtualware Collaborates at "Imagining 2080" to Showcase the Potential of Virtual Reality in Canada's Future

Bilbao, Spain, November 1, 2023.- Virtualware (EPA: MLVIR), a leading  Virtual Reality company, operating in both Europe and Canada, collaborates at the "Imagining 2080: A Forum on Canada’s Futures" in a tour for the VR lab IMRSV@MAC powered by VIROO.

 to be held in Hamilton from November 1-3, is a culminating event organized by McMaster University’s Future of Canada Project (FCP) that brings together 150 delegates with a forward-thinking mindset.

It challenges participants to envision the future of Canada in the year 2080, going beyond current challenges and limitations to explore more hopeful and innovative possibilities.  

“We are thrilled that Imagining 2080 Forum delegates will have a chance to explore the future of VR during their ‘field trip to the future’ and are grateful to VirtualWare for hosting them for this insightful experience.” Ann Elisabeth Samson, the strategic advisor for the Future of Canada Project

Delegates for the event will have the opportunity to experience live demonstrations of VR use cases and industry examples created by the Faculty of Engineering at McMaster University and by Virtualware at the recently unveiled VR lab IMRSV@MAC at McMaster Innovation Park.

The partnership between McMaster University and Virtualware represents a major leap forward in advancing VR innovation at scale. Powered by the enterprise VR platform VIROO®, this cutting-edge resource is aimed to become a leading hub for technology enthusiasts, facilitating the widespread adoption of VR technology across academia and industry sectors.

Michael Rosas, VP General Manager of Virtualware, expresses his enthusiasm about the collaboration: "We are thrilled to participate in the 'Imagining 2080' event. This is one more step towards a future where VR plays a significant role in education, research, and business. Together we are working to unlock the full potential of this emerging technology." 

Virtualware’s flagship product VIROO is the world’s pioneering VR as a Service (VRaaS) platform, making 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. 

VIROO is already used by over 40 companies and institutions worldwide including GE Hitachi Nuclear Energy, Ontario Power Generation, Gestamp, ADIF, the Spanish Ministry of Defense, Invest WindsorEssex, McMaster University, University of El Salvador, and EAN University. The enterprise VR platform has been the backbone to develop strategic projects for defense ministries, critical infrastructure training projects, and innovative educational programs. 

Virtualware is a global pioneer in developing Virtual Reality solutions for major industrial, educational, and healthcare conglomerates. Since its founding in 2004, the company has garnered widespread recognition for its accomplishments.  In 2021, Virtualware was acknowledged as the world’s most Innovative VR Company. 

It is based in Bilbao, Spain, and has offices in Hamilton, Ontario, Canada.

Safe Harbor

This document is only provided for information purposes and does not constitute, nor should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued by any of the aforementioned companies. Any decision to buy or invest in securities in relation to a specific issue must be made solely and exclusively on the basis of the information set out in the pertinent prospectus filed by the company in relation to such specific issue. No one who becomes aware of the information contained in this report should regard it as definitive, because it is subject to changes and modifications.

This document contains or may contain forward looking statements regarding intentions, expectations or projections of Virtualware 2007, S.A. (“Virtualware” or the “Company”) or of its management on the date thereof, that refer to or incorporate various assumptions and projections, including projections about the future earnings of the business. The statements contained herein are based on our current projections, but the actual results may be substantially modified in the future by various risks and other factors that may cause the results or final decisions to differ from such intentions, projections or estimates. These factors include, without limitation, (1) the market situation, macroeconomic factors, regulatory, political or government guidelines, (2) domestic and international stock market movements, exchange rates and interest rates, (3) competitive pressures, (4) technological changes, (5) alterations in the financial situation, creditworthiness or solvency of our customers, debtors or counterparts. These factors could cause or result in actual events differing from the information and intentions stated, projected or forecast in this document or in other past or future documents. Virtualware does not undertake to publicly revise the contents of this or any other document, either if the events are not as described herein, or if such events lead to changes in the information contained in this document. This disclaimer needs to be taken into account by those persons which may take a decision over the base of this document or to elaborate or disseminate opinions based hereof. This document may contain summarised information or information that has not been audited. This document is confidential and it cannot be revealed or disclosed to third parties different from the original recipients, even partially, without Virtualware’s prior consent.



EN
01/11/2023

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

Ohio University, HTC VIVE and Virtualware partner to accelerate Ohio’s...

Ohio University, HTC VIVE and Virtualware partner to accelerate Ohio’s manufacturing economy Athens, Ohio, May 1, 2025 - Ohio University, HTC VIVE, and Virtualware have partnered to launch a new program called the Digital Enterprise Collaboratory (DEC), which will provide infrastructure to power new digital engineering and workforce development programs to support the growing demand for advanced manufacturing in Ohio. The partnership combines Ohio University’s leadership in engineering education, HTC VIVE’s industry-leading XR hardware and software technologies, and Virtualware’s enterpr...

 PRESS RELEASE

Virtualware USA and HTC VIVE partner with University of Central Florid...

Virtualware USA and HTC VIVE partner with University of Central Florida for simulation and training in digital engineering initiative April 2, 2025, Orlando, FL / Basauri, Spain.- Virtualware and HTC VIVE have announced a strategic collaboration with the University of Central Florida (UCF)’s Institute for Simulation and Training (IST) to install a new state-of-the-art immersive laboratory that will enable researchers, government agencies, and industrial companies to collaborate using XR technologies. The new initiative, the Digital Engineering & Experiential Prototyping space or DEEPspace,...

 PRESS RELEASE

Virtualware registered 91% EBITDA Growth and 0.5 Financial net debt to...

Virtualware registered 91% EBITDA Growth and 0.5 Financial net debt to EBITDA ratio in 2024, as per audited results filed today before Euronext Bilbao, 27 March 2025.  Virtualware (EPA: MLVIR), a leading expert in 3D-driven enterprise software, reported a 91% increase in EBITDA to 808,000 euros in its audited results submitted today to Euronext.  This growth was driven by the expanded adoption of the company's enterprise XR platform VIROO, through its subscription-based model and new contracts secured in North America. The company submitted its 2024 Audited Results today before Euronext, ...

 PRESS RELEASE

Virtualware achieves 90% EBITDA growth in 2024, driven by SaaS expansi...

Virtualware achieves 90% EBITDA growth in 2024, driven by SaaS expansion in North America and acquisitions in Europe Bilbao, 6 February 2025.- Virtualware (EPA: MLVIR), a leading expert in 3D-driven enterprise software, reported a 90% increase in EBITDA to 806,000 euros, according to its unaudited results submitted today to Euronext. This growth was driven by the expanded adoption of the company’s enterprise XR platform VIROO through its subscription-based model and new contracts secured in North America. Since 2023, the Euronext-listed company has operated under three core pillars: expan...

 PRESS RELEASE

Virtualware announces uplisting process to Euronext Growth

Virtualware announces uplisting process to Euronext Growth Paris, 28 January 2025 – Virtualware (EPA: MLVIR), a pioneer in 3D-driven enterprise software, today initiated its uplisting process to the Euronext Growth segment. Speaking from Madrid, Unai Extremo, the company's CEO, emphasized that the move aims to enhance market liquidity and investor access.  Our uplisting to Euronext Growth is a calculated step in our Strategic Plan we made public a few months ago,” Extremo said. “It reflects our commitment to providing greater liquidity and transparency to our shareholders.”  The company ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch