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lightning_bolt Market Research

VictoryXR Company Research Report



Company Overview



  • Name: VictoryXR

  • Mission: To introduce innovative ways for students to learn through virtual reality and AI.

  • Founded: 2016

  • Founder: Steve Grubbs

  • Headquarters: Davenport, Iowa, USA

  • Key People: Steve Grubbs (Founder), Dr. Muhsinah Morris (Director of Morehouse Metaversity)

  • Number of Employees: Over 25

  • Revenue: No information is available.

  • Known For: VictoryXR is known for providing immersive classrooms and campuses using virtual reality and AI, enhancing online education experiences significantly.


Products



  • VXRLabs

  • Description: A VR platform hosting global field trips, simulators and simulations for learning, and more.

  • Key Features:

  • Supports immersive VR experiences across multiple subjects.

  • Multiplayer and synchronous, allowing global collaboration.

  • Works on Meta Quest VR headsets, PCs, MacOS, Lenovo ThinkReality VRX, and Pico.


  • 3D AI Teaching Assistants

  • Description: A no-code AI creation tool for Chrome Browsers.

  • Key Features:

  • Quick and easy AI experience creation.

  • Scenario-based AI experiences for realistic training.


  • VXRWeb

  • Description: Web-based platform for interactive learning.

  • Key Features:

  • Offers immersive learning on various devices.

  • Includes 360° field trips, and dissection activities.


  • VictoryXR: Global Traveler

  • Description: 360° virtual reality field trips.

  • Key Features:

  • Covers over 140 destinations.

  • Language support in English, Spanish, German, French, and more.


  • Virtual Reality Animal Dissections

  • Description: VR animal dissections for K-12 learners.

  • Key Features:

  • Developed in collaboration with Carolina Biological.

  • Free and subscription-based content.


  • VXRFusion

  • Description: Mixed Reality Chemistry Lab.

  • Key Features:

  • Safe and immersive 3D learning environment.

  • Available on Meta Quest 3.


Recent Developments



  • New Products:

  • Mixed Reality Chemistry Lab (VXRFusion) launched with advanced facilities available for low-resource schools.

  • AI Enhanced Textbooks partnership with Kendall Hunt to integrate AI tutors onto textbook pages.


  • New Features:

  • Introduction of Spatial AI Teaching Assistants, providing immersive 3D learning experiences for students in VR.


  • Partnerships:

  • Collaborations with over 50 higher education institutions for developing digital twin campuses.

  • Global partnerships with companies such as Meta, HTC VIVE, Qualcomm, T-Mobile, and Lenovo.


Strategic Partnerships



  • With Educational Institutions: VictoryXR has collaborated with schools and universities worldwide, including:

  • Morehouse College, University of Maryland, and others to implement VR and digital twin campuses.


Notable Initiatives



  • Digital Twin Metaversities:

  • Custom digital replicas of real-world campuses for instructional and event-hosting purposes.


  • CTE Simulations:

  • Virtual reality courses for trades and healthcare training, including certifications for various fields like nursing assistants and drone operations.


The report highlights key aspects of VictoryXR's operations, product offerings, recent developments, and strategic initiatives that contribute to its position as a leader in virtual reality and AI-driven education solutions. Further insights into its financial performance and specific revenue figures remain unavailable from the current data.
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