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$5.6M Contract Awarded for US Department of Defense Project

Digitally produced image of a military person with a blue wireframe overlay, to imply they are in simulation. They are wearing an Operator XR VR headset and holding a black rifle.

$5.6M contract awarded for US Department of Defense project

  • The contract scope is to deliver a new immersive training capability and includes supplying Operator XR system licenses along with R&D services.
  • The R&D project duration is 20 months commencing 11th September 2024.
  • The contract presents opportunities for follow on work.

xReality Group Limited (XRG) is pleased to announce it has been awarded a $5.6M AUD contract to deliver a new immersive training capability to the United States Department of Defence. The contract has been awarded to XRG by Acrolect Solutions LLC, DBA Endurance Group, who is serving as prime contractor to the US Department of Defence for the R&D effort. 

This project represents the first sale of Operator XR’s immersive training systems to a US Federal Government customer, and will be delivered across a period of 20 months starting 11th September 2024. The contract includes pathways for follow on work within the DoD and broader US Government agencies.
ASX Release

Operator XR, a wholly owned subsidiary of xReality Group Ltd, provides Military and Law Enforcement agencies with a unique, integrated Mission Planning & Rehearsal System, which is portable, secure, and highly immersive.

Recent milestones for Operator XR include:

  • Annual Recurring Revenue increased 250% to $2.21M
  • Total Contract Value increased 514% for the quarter to $4.1M
  • 20 new customers acquired during Q4.
  • 162 active opportunities with a total sales pipeline of $24.2M

The award of the US Department of Defence project highlights the increasing demand and market relevance of Operator XR’s solutions and underscores a pivotal year of strategic execution and market penetration.

operatorxr.com.au
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Rapid sales growth of Operator XR

Operator XR Rapid Sales Growth

xReality Group Limited (XRG) is excited to share the following sales update for Operator XR, a wholly owned subsidiary of xReality Group Ltd. Operator XR provides Military and Law Enforcement agencies around the world with a unique, integrated Mission Planning & Rehearsal System, which is portable, secure, and highly immersive.

 

Expanding U.S. Presence and Market Focus

In late November 2023, Operator XR bolstered its U.S. operations by expanding the sales team. This strategic move was designed to intensify direct sales activities within the Law Enforcement sector, while we continue to develop the Military segment globally. The results of this focus has seen rapid sales growth in the month of May.

 

May 2024: Record-Breaking Achievements

May has been an outstanding month for Operator XR, demonstrating substantial growth across multiple metrics, including year to date total contract value more than doubling, resulting in an Annual Recurring Revenue increase of 107% for the month to $1.26m.

      • Sales Achievement: Operator XR secured $1.93 million in sales, marking a significant monthly performance.
      • Customer Acquisition: We welcomed 12 new customers and achieved our second Australian Defence Force sale, further solidifying our market presence.
      • Contract Value Surge: The total year-to-date contract value has soared by 261% this month, reaching an impressive $2.66 million.
      • Recurring Revenue Growth: Our Annual Recurring Revenue (ARR) experienced a remarkable 107% increase, now standing at $1.26 million. 

    Strategic Wins: Law Enforcement and Military Expansion

    Second Sale to the Australian Defence Force:

    On May 22, 2024, we received a Purchase Order from the Australian Defence Force for the delivery of two systems with a three-year license; further details of this sale remain confidential. This marks the second purchase of the Operator XR system by the Australian Defence Force, separate from the ongoing trial with the broader organisation.

    New Law Enforcement Customers in the U.S.

    In May 2024, Operator XR received orders from 11 individual Law Enforcement agencies across various states. The customers include Police Departments in Oregon, Maryland, Alaska, Texas, Florida, Ohio, Arkansas, Indiana, and a prominent training organisation based in California. These new partnerships underscore our commitment to providing advanced training and operational solutions to Law Enforcement.

     

    Future Focus

    Operator XR is focused on continued growth over the coming months and remains committed to delivering cutting-edge solutions that meet the evolving needs of our clients.

     

    XRG CEO Wayne Jones said, “The momentum we are currently experiencing, particularly in the US,
    is a further validation of the product and market fit. We have established a strong sales culture within
    Operator XR, and we are starting to see the results of the Sales, Marketing and Production activities
    over the past 6 months.”

     

    To view the ASX release, click here: 30 May Operator XR Sales Update ASX release here.

     

    Visit the Operator XR website here.

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    Significant milestone for Operator XR with first sale in United States

    Garfield Country Sheriff Office Colorado

    We are pleased to announce that our US subsidiary, Operator XR LLC (Operator XR), has achieved a remarkable milestone with its first US customer. This accomplishment marks a pivotal moment in affirming Operator XR’s viability to cater to a diverse range of law enforcement needs within the United States.

    Elevating Law Enforcement Training

    The Garfield County Sheriff’s Office in Colorado has embraced Operator XR’s cutting-edge training solutions. They have procured both product lines, to service their tactical teams needs for immersive team-based Virtual Reality (VR) training capability, and its patrol officers for de-escalation training.

    1. OP-1 Tactical Training System: This immersive VR solution empowers tactical teams to refine operational tactics in complex scenarios, enhancing their response capabilities to critical situations.
    2. OP-1 LE De-escalation System: Focusing on patrol officers, this system hones de-escalation skills through virtual training in realistic scenarios, ensuring a measured response to various law enforcement situations.

    A Choice Backed by Excellence

    The selection of Operator XR by the Garfield County Sheriff’s Office followed a comprehensive evaluation process. This choice reinforces the company’s capability to address modern law enforcement training challenges effectively.

    A Visionary Partnership

    Lou Vallario, Garfield County Sheriff, highlights how Operator XR’s platform aligns with their vision of proactive preparedness. This partnership aims to equip deputies with the skills needed to ensure safety, service, and security, fostering a transformative change in virtual law enforcement training.

    A Momentous Achievement

    “Securing our first customer in the USA marks a major milestone for XRG. It highlights the product fit and sets the stage for our sustained commitment and growth in the North American markets. The significance of this first sale cannot be understated, it will amplify our presence in the market and provide a substantial springboard into a large number of agencies of all sizes.” – Wayne Jones, CEO of xReality Group Limited.

    Expanding Horizons

    The partnership with the Garfield County Sheriff’s Office is a significant step in Operator XR’s strategic approach to target law enforcement agencies within the 50-500 sworn officers range, encompassing roughly 3,000 agencies across the US. This approach aligns with Operator XR’s goal of widespread impact and value delivery.

    As Operator XR gains ground in the US market, it signifies a promising path forward. This accomplishment underscores the company’s potential to redefine law enforcement training, contributing to safer communities through enhanced readiness.

    Read the full ASX release here.

    Operator XR

    For more information on Operator XR, visit: https://operatorxr.com/

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    Operator XR first sale to Australian Defence Force

    https://xrgroup.com.au/news/operator-xr-first-sale-to-australian-defence-force/
    Australian Army special forces soldiers from 2nd Commando Regiment conduct clearance of a Sydney ferry, as part of a Special Operations Command maritime counter-terrorism training activity on Sydney Harbour, on Wednesday, 24 June 2020.

    Operator XR is leading the way for immersive military virtual reality training and we are proud to announce the successful sale of its OP-1 Tactical Rehearsal System to the Australian Department of Defence.

    The system will be used by the Australian Army and initially provided to deployed units to maintain military skills, using Operator XR’s immersive VR simulation platform, OP-1. This system brings a new dimension to enhancing critical military skills and has been purchased as part of a concept evaluation process.

    The 4 person OP-1 System allows for tactical teams to train and rehearse in Close Quarters Battle (CQB) and urban combat scenarios with unparalleled realism.

    Users train on their own weapons, as the system is supplied with M4 “drop in” kits that replace the bolt and magazine of the live weapon with an untethered, pneumatic recoil system and weapon tracking sensors. This integration creates a lifelike experience that mirrors real-world weapon handling.

    Image of a black case with 4 VR headsets, a table, tracking devises.

    The OP-1 System is a compact design, with the complete system for 4 users packing into a double rifle case. There are no external computers required, with the system operating seamlessly off a high-powered tablet, which also serves as the hub for the After Action Review (AAR) system.

    Additionally, OP-1 operates completely offline, allowing the virtual reality training system to be deployed securely, and in locations without internet.

    Operator XR is honoured to stand beside the Australian Department of Defence in their pursuit of maintaining and advancing the capabilities of their armed forces through cutting-edge technology.

    For more information about Operator XR, visit: https://operatorxr.com/

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    Operator XR selected for National Trial of Policing Law Enforcement System

    xReality Group (XRG) is thrilled to share the news that we have been chosen as a technology and expertise supplier for a funded National trial of its Law Enforcement system. This prestigious trial aims to evaluate the effectiveness of Virtual Reality Simulation Based Training (VRSBT) in enhancing frontline safety for police officers.

    Operator XR will be working closely with an undisclosed foreign National Police Force over the next six months, immersing their officers into highly personalised scenarios to assess the capabilities of our cutting-edge Virtual Reality (VR) system.

    What sets Operator XR apart is its ability to provide police and law enforcement agencies with a highly portable, easy-to-use, and incredibly realistic Virtual Reality training experience.

    One of the key benefits is that it doesn’t require internet connectivity, making it highly secure and easily configurable. It also allows officers to train together in the same VR environment, even in the most challenging situations. Additionally, they are able to bring their own policing equipment into the VR environment, enabling officers to conduct extremely realistic training scenarios.

    Operator XR has worked tirelessly to develop the software from the ground up. Leveraging the latest innovations in Virtual Reality technology and our extensive experience in design and scaled software platforms, we have created a system that exceeds market expectations.

    “The decision to award this National trial to XRG further confirms the quality and effectiveness of the technology. We are currently experiencing a high level of demand from around the world from both military and law enforcement agencies. We look forward to seeing the positive impact our technology can make on improving the safety and preparedness of those men and women on the frontline.” – Wayne Jones, CEO, xReality Group Ltd.

    At xReality Group Limited, we believe that Virtual Reality Simulation Based Training is the future of law enforcement training. We are committed to playing a key role in enhancing the safety and preparedness of police officers worldwide. The national trial represents a significant step towards achieving this goal.

    Read the full ASX Announcement here.

    Find out more about Operator XR Law Enforcement System here: https://operatorxr.com/law-enforcement


    xReality Group Limited are leaders in enterprise software development for mission critical simulations for military and law enforcement. The company develops and operates physical and digital simulations. Portfolio companies include Indoor Skydiving facilities, Virtual Reality (VR) and Augmented Reality (AR) entertainment, training, and production.

    Operator provides Military and Law Enforcement agencies with a unique, integrated Mission Planning & Rehearsal System, which is portable, secure and highly immersive. See https://www.operatorxr.com

    xReality Group Limited is listed on ASX under the code XRG.

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    Philip Copeland appointed as Non-Executive Director and Chair of International Expansion Committee

    Blue background with photo of Philip Copeland

    We are proud to announce the appointment of Philip Copeland as Non-Executive Director and Chair of our newly formed International Expansion Committee.

    With extensive experience in scaling enterprise SaaS businesses globally, particularly in government and financial services, Philip brings invaluable insights to guide our international growth strategy.

    Philip, the former CEO and co-founder of Avoka Software, has a remarkable track record, leading the company to worldwide success before its acquisition by Temenos in 2018 for $US245M.

    Currently residing in Colorado, USA, Philip will play a key role in our expansion into the US Government markets and driving growth through our Enterprise Software solutions.

    “We are looking forward to Philip’s input in shaping our international growth strategy.” – Wayne Jones, CEO of xReality Group.

    Philip added, “I am delighted to join the xReality Group Board. There is a tremendous opportunity to bring these innovative Australian products to the US and Global markets.”

    We welcome Philip Copeland to our team and look forward to the exciting possibilities his expertise will bring as we embark on a transformative international journey.

    Read the full ASX Announcement here.


    xReality Group Limited are leaders in enterprise software development for mission critical simulations for military and law enforcement. The company develops and operates physical and digital simulations. Portfolio companies
    include Indoor Skydiving facilities, Virtual Reality (VR) and Augmented Reality (AR) entertainment, training, and production.

    Operator provides Military and Law Enforcement agencies with a unique, integrated Mission Planning & Rehearsal System, which is portable, secure and highly immersive. See https://www.operatorxr.com

    xReality Group Limited is listed on ASX under the code XRG.

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    Will Beaumont appointed as Global Sales Director

    Photo of Operator XR display at the 2022 Land Forces expo.

    We are excited to announce that Will Beaumont has joined xReality Group Limited as our Global Sales Director.

    With a strong background in technology sales leadership and 14 years experience in the Australian Defence Force, where he led major procurement and capability plans for Special Forces, Will brings a unique perspective and understanding of our military and law enforcement customers’ needs.

    xReality Group focuses on developing and operating physical and digital simulations, particularly in Virtual Reality (VR) and Augmented Reality (AR). Our Military and Law Enforcement virtual reality simulation unit, Operator XR, has been gaining traction both domestically and internationally.

    Will’s appointment comes at an opportune time, coinciding with our acceptance into the prestigious “Team Defence Australia” delegation, where we will showcase our products at ARMY-USA – the largest Army-focused conference and trade show in the United States.

    As Global Sales Director, Will’s priorities include expanding our international distributor network, conducting product demonstrations for state and federal agencies, and executing our commercial sales pipeline. His enthusiasm for our solutions and their market fit reinforces our confidence in future growth.

    Wayne Jones, XRG CEO, is thrilled with Will’s addition to the team, recognising his potential to drive our global sales strategy and ensure our products reach those on the frontline.

    We warmly welcome Will to our team and look forward to an exciting journey ahead with xReality Group.

    Read the full ASX article here.

    Find out more about Operator XR here: https://operatorxr.com/


    xReality Group Limited are leaders in enterprise software development for mission critical simulations for military and law enforcement. The company develops and operates physical and digital simulations. Portfolio companies include Indoor Skydiving facilities, Virtual Reality (VR) and Augmented Reality (AR) entertainment, training, and production.

    Operator provides Military and Law Enforcement agencies with a unique, integrated Mission Planning & Rehearsal System, which is portable, secure and highly immersive. See https://www.operatorxr.com


    xReality Group Limited is listed on ASX under the code XRG.