PRESS RELEASES

Brightline Interactive Enters Into A Cooperative Research And Development Agreement (CRADA) With The United States Army Combat Capabilities Development Command (DEVCOM), Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) Center

Brightline to develop, assess and improve workflows to create and augment synthetic imagery for use in training and assessing artificial intelligence (AI) and machine learning (ML) algorithms

NEW YORK, NY / September 10, 2024 / Brightline Interactive (“Brightline”), a wholly owned subsidiary of The Glimpse Group, Inc. (“Glimpse”) (NASDAQ:VRAR), and a leader in Spatial Computing and AI integration announced the signing of a Cooperative Research and Development Agreement (“CRADA”) with the United States Army Combat Capabilities Development Command (“DEVCOM”), Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance and Reconnaissance (“C5ISR”) Center.

The CRADA is for Brightline to develop, assess and improve workflows to create and augment synthetic imagery for use in training and assessing artificial intelligence (“AI”) and machine learning (“ML”) algorithms. Brightline provides synthetic data generation toolsets and workflows that deliver high-quality data for the creation, refinement, and evaluation of AI/ML algorithms. These solutions are designed to augment traditional training datasets to accelerate and enhance the training of AI / ML algorithms for various use cases across industries, including applications in spatial computing.

Tyler Gates, General Manager of Brightline and Chief Futurist of Glimpse commented: “This collaboration will allow Brightline to work alongside C5ISR to advance AI / ML capabilities that support the warfighter through new and emerging technologies, such as spatial computing, enhancing existing workflows for the US Military Services in a cost effective, ROI-driven manner.”

Lyron Bentovim, President and CEO of Glimpse said: “Entering into a CRADA with the U.S. Army, in addition to Brightline’s existing CRADA with the U.S. Navy, is a significant achievement for Brightline, demonstrating the depth of their capabilities and the effectiveness of their solutions. We expect this technology to prove significant value across multiple industries – ranging from industrial, to media to military.”

About Brightline Interactive

Brightline Interactive (BLI) is the global leader in spatial computing, immersive technologies, deep tech and 5G integration. Brightline’s accelerated computing platform – SpatialCore – provides cloud-centric synthetic data simulation, digital twins, XR and AI tools for both government and commercial customers. Brightline implements a layered production and business development approach to partnerships, scaled growth and data virtualization. For more information, please visit www.brightlineinteractive.com

About The Glimpse Group, Inc.

The Glimpse Group (NASDAQ: VRAR, FSE: 9DR) is a diversified Immersive technology platform company, providing enterprise-focused Virtual Reality, Augmented Reality and Spatial Computing software & services. Glimpse’s unique business model builds scale and a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into this emerging industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com

Safe Harbor Statement

This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release may contain certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements, if provided, are based on information available to the Company as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements, if provided, include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “view,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts, if provided, are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, any forecasts, if provided, are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Brightline Interactive Contact:

Tyler Gates
General Manager, Brightline Interactive
Chief Futurist, The Glimpse Group
Tyler@brightlineinteractive.com

Glimpse Contact:

Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
917-292-2685
maydan@theglimpsegroup.com

SOURCE: The Glimpse Group, Inc.

View the original press release on accesswire.com

Menu