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AMPD Ventures Inc. has entered a binding Memorandum of Understanding (MOU) with Unleash Future Boats GmbH for CAD $1.8 million in revenue. This collaboration targets the development of autonomous maritime technology, crafting four Computing Containers for trials in Germany. The global autonomous ships market is projected to grow from USD $5.8 billion in 2020 to USD $14.2 billion by 2030, with a CAGR of 9.3%. The final agreement hinges on the awarding of a grant from the German government, expected by Q4 2022.
AMPD Ventures Inc. (CSE:AMPD, OTCQB:AMPDF) has signed a significant two-year deal with Variational AI to enhance its machine learning infrastructure at AMPD's DC1 sustainable data centre. This arrangement nearly doubles the machine learning capacity provided to Variational by the AMPD AI Platform, which was co-designed with NVIDIA. The partnership, characterized by a monthly recurring revenue model, reflects AMPD's commitment to support the growing demand for high-performance computing solutions in artificial intelligence, particularly in Vancouver's thriving tech ecosystem.
AMPD Ventures (CSE:AMPD) announces its subsidiary Departure Lounge Inc. has formed a representation and reseller agreement with ARwall, a provider of virtual production and XR technologies. This agreement enables Departure Lounge to sell and support ARwall's platform across Canada, utilizing ARwall's interactive LED wall technology in its Vancouver facility. The partnership aims to enhance virtual production capabilities in Canada, leveraging ARwall's software and technology for film production and interactive experiences.
AMPD Ventures Inc. (CSE:AMPD; OTCQB:AMPDF) announced a strategic partnership between its subsidiary Departure Lounge Inc. and Orderinbox Inc., a social NFT marketplace. Departure Lounge will act as the preferred Metaverse Development Partner for Orderinbox, enhancing the platform with 3D environmental development and Web3 services. Both companies aim to capitalize on the growing NFT and Metaverse sectors, providing creators with greater visibility and innovative opportunities. This partnership is expected to support the ongoing evolution of NFT applications and content creation.
AMPD Ventures Inc. subsidiary Departure Lounge has entered into a Reseller Agreement with Move.ai, enhancing its Metaverse capabilities. This partnership allows Departure Lounge to use Move.ai’s advanced motion capture technology, which extracts natural motion from video using AI and computer vision, facilitating high-quality services in North America. Departure Lounge will showcase this technology at the Augmented World Expo 2022. The collaboration aims to establish a comprehensive suite of tools for immersive content creation, further positioning Departure Lounge as a leader in the Metaverse space.
AMPD Ventures Inc. announced that its subsidiary, Departure Lounge Inc., will showcase metaverse technologies at AWE 2022 in Santa Clara, CA, from June 1-3.
Departure Lounge will feature its tools and services at booth 1018, engaging with industry leaders like Unity and Qualcomm. Keynote speeches will occur, including one by Departure Lounge's CEO on volumetric capture's role in augmented reality.
The company aims to advance its Metaverse Innovation Centre as part of a collaboration with Vancouver's Centre for Digital Media.
AMPD Ventures Inc. (CSE:AMPD, OTCQB:AMPDF) reported a promising preview of its FY 2022 results despite challenging tech sector conditions. Key highlights include $1.7M revenue in Q3 2022, up 275% from Q3 2021, and forecasted FY 2022 revenue of $3.2M, doubling FY 2021 results. The acquisition of Departure Lounge expands its Metaverse offerings. AMPD's Virtual Studio saw significant advancements through partnerships with Parsec Cloud and Versatile Media. Management expressed optimism regarding ongoing growth and partnerships, despite potential market risks.
AMPD Ventures Inc. announced a new Reseller Agreement with Hammerspace, Inc., enhancing its Virtual Studio offering. This partnership will allow AMPD customers to access and migrate data across various regions and cloud vendors, facilitating hybrid solutions without sacrificing existing storage investments. The VDI market is projected to grow from USD $11B in 2020 to USD $30B by 2026, reflecting a 17% annual CAGR. AMPD continues to position itself as a key player in the high-performance computing domain.
AMPD Ventures Inc. (CSE:AMPD; OTCQB:AMPDF) has announced that its subsidiary, Departure Lounge, has entered a partnership with the Centre for Digital Media (CDM). This collaboration aims to establish a Metaverse Innovation Centre in Vancouver, focusing on Metaverse technologies and educational programs. Departure Lounge will utilize a new volumetric capture stage on campus, enhancing learning and research opportunities. This initiative addresses skilled labor shortages in the digital media sector and promotes industry-academic relationships.
AMPD Ventures Inc. has announced the formation of a creative development team at its subsidiary, Departure Lounge Inc., led by industry veteran Adam Rogers. This team will focus on mixed reality and Metaverse-related technologies, servicing diverse applications such as entertainment and training. Rogers, previously at Electronic Arts and Intel Studios, aims to enhance creative capabilities while leveraging AMPD's high-performance computing solutions. The Metaverse economy is projected to reach $13 trillion by 2030, supporting AMPD's strategic vision in this emerging market.
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