$2M Capital Raise Accelerates Operator XR’s Global Expansion
We’re excited to announce that XRG has secured a $2 million capital raise, via a placement to institutional and sophisticated investors, to continue the commercial expansion of Operator XR, our flagship VR training system for law enforcement and military markets.
This funding provides a strong runway through the second half of CY25, with a focus on scaling opportunities in key international markets.
Core Product: Operator XR
Operator XR has transitioned from establishment to become XRG’s leading growth asset. Operator XR has seen rapid expansion since January 2024:
Operator XR: Growth
US Law Enforcement
- 56 individual Agencies including federal, state and county departments
Military Customers US
- US Department of Defense
- 20-month project valued at $5.6m AUD
- The project is nearing the halfway point
- Project Revenue received to date $1.48m AUD
Australian Customers
- Australian Army
- Australian Federal Police
- Australian State Police Departments
XRG Roadmap
This $2 million capital raise gives us the momentum to move faster and deliver more, with a clear focus on scaling opportunities in key international law enforcement and military markets.
We’re grateful for the continued support of our investors and more confident than ever in the impact Operator XR is delivering. Mission-ready training should never be limited by space, hardware or cost.
Find out more about Operator XR, visit our Investor Information page, or view our latest Defence Conference Presentation at the links below.