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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

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Brightline Interactive, a subsidiary of The Glimpse Group (NASDAQ:VRAR), has entered into a Cooperative Research and Development Agreement (CRADA) with the United States Army Combat Capabilities Development Command (DEVCOM) C5ISR Center. The collaboration focuses on developing and improving workflows for creating synthetic imagery to train and assess AI and machine learning algorithms.

Brightline's synthetic data generation toolsets aim to enhance traditional training datasets, accelerating AI/ML algorithm development across various industries, including spatial computing. This partnership, alongside Brightline's existing CRADA with the U.S. Navy, showcases the company's capabilities and solution effectiveness. The technology is expected to provide significant value in industrial, media, and military sectors.

Brightline Interactive, una sussidiaria di The Glimpse Group (NASDAQ:VRAR), ha stipulato un Accordo di Ricerca e Sviluppo Cooperativo (CRADA) con il Comando per lo Sviluppo delle Capacità di Combattimento dell'Esercito degli Stati Uniti (DEVCOM) C5ISR Center. La collaborazione si concentra sullo sviluppo e il miglioramento dei flussi di lavoro per creare immagini sintetiche al fine di addestrare e valutare algoritmi di intelligenza artificiale e machine learning.

Gli strumenti di generazione di dati sintetici di Brightline mirano a potenziare i dataset di addestramento tradizionali, accelerando lo sviluppo degli algoritmi AI/ML in vari settori, tra cui computazione spaziale. Questa partnership, insieme al CRADA esistente di Brightline con la Marina degli Stati Uniti, dimostra le capacità e l'efficacia delle soluzioni dell'azienda. La tecnologia si prevede fornirà un valore significativo nei settori industriale, dei media e militare.

Brightline Interactive, una subsidiaria de The Glimpse Group (NASDAQ:VRAR), ha firmado un Acuerdo de Investigación y Desarrollo Cooperativo (CRADA) con el Comando de Desarrollo de Capacidades de Combate del Ejército de los Estados Unidos (DEVCOM) C5ISR Center. La colaboración se centra en el desarrollo y la mejora de los flujos de trabajo para crear imágenes sintéticas para entrenar y evaluar algoritmos de inteligencia artificial y aprendizaje automático.

Las herramientas de generación de datos sintéticos de Brightline buscan mejorar los conjuntos de datos de entrenamiento tradicionales, acelerando el desarrollo de algoritmos de IA/ML en diversas industrias, incluyendo computación espacial. Esta asociación, junto con el CRADA existente de Brightline con la Marina de los EE. UU., demuestra las capacidades y la efectividad de las soluciones de la empresa. Se espera que la tecnología proporcione un valor significativo en los sectores industrial, mediático y militar.

브라이트라인 인터랙티브 (Brightline Interactive)는 The Glimpse Group의 자회사로서 (NASDAQ:VRAR), 미국 육군 전투 능력 개발 사령부 (DEVCOM) C5ISR 센터와 협동 연구 및 개발 협약 (CRADA)을 체결했습니다. 이 협력은 합성 이미지를 생성하고 인공지능 및 머신러닝 알고리즘을 훈련하고 평가하는 워크플로우를 개발하고 개선하는 데 중점을 둡니다.

브라이트라인의 합성 데이터 생성 도구는 전통적인 훈련 데이터 세트를 강화하여, 스페이셜 컴퓨팅을 포함한 다양한 산업에서 AI/ML 알고리즘 개발을 가속화하는 것을 목표로 합니다. 이 파트너십은 브라이트라인이 미국 해군과 체결한 기존의 CRADA와 함께 회사의 능력과 솔루션의 효과성을 보여줍니다. 이 기술은 산업, 미디어 및 군사 분야에서 상당한 가치를 제공할 것으로 예상됩니다.

Brightline Interactive, une filiale de The Glimpse Group (NASDAQ:VRAR), a conclu un Accord de Recherche et de Développement Coopératif (CRADA) avec le Commandement de Développement des Capacités de Combat de l'Armée des États-Unis (DEVCOM) C5ISR Center. La collaboration se concentre sur le développement et l'amélioration des flux de travail pour créer des images synthétiques afin de former et d'évaluer des algorithmes d'intelligence artificielle et d'apprentissage automatique.

Les outils de génération de données synthétiques de Brightline visent à améliorer les ensembles de données d'entraînement traditionnels, accélérant ainsi le développement des algorithmes d'IA/ML dans divers secteurs, y compris l'informatique spatiale. Ce partenariat, associé à l'accord CRADA existant de Brightline avec la Marine des États-Unis, met en avant les capacités et l'efficacité des solutions de l'entreprise. Il est prévu que la technologie apportera une valeur significative dans les secteurs industriel, médiatique et militaire.

Brightline Interactive, eine Tochtergesellschaft der Glimpse Group (NASDAQ:VRAR), hat eine Kooperationsvereinbarung zur Forschung und Entwicklung (CRADA) mit dem Combat Capabilities Development Command (DEVCOM) C5ISR Center der US-Armee unterzeichnet. Die Zusammenarbeit konzentriert sich auf die Entwicklung und Verbesserung von Arbeitsabläufen zur Erstellung synthetischer Bilder, um KI- und maschinelles Lernalgorithmen zu trainieren und zu bewerten.

Die synthetischen Datengenerierungs-Toolsets von Brightline zielen darauf ab, traditionelle Trainingsdatensätze zu verbessern und die Entwicklung von KI/ML-Algorithmen in verschiedenen Branchen, einschließlich räumlicher Datenverarbeitung, zu beschleunigen. Diese Partnerschaft, zusammen mit Brightlines bestehender CRADA mit der US Navy, demonstriert die Fähigkeiten und die Effektivität der Lösungen des Unternehmens. Es wird erwartet, dass die Technologie in den Bereichen Industrie, Medien und Militär erheblichen Wert bieten wird.

Positive
  • Brightline secured a CRADA with the U.S. Army, expanding its military partnerships
  • The agreement focuses on developing advanced AI/ML capabilities for military applications
  • Brightline's technology has potential applications across multiple industries
  • The collaboration may lead to cost-effective, ROI-driven solutions for the US Military Services
Negative
  • None.

This CRADA between Brightline Interactive and the U.S. Army's DEVCOM C5ISR Center marks a significant advancement in AI and ML capabilities for military applications. The focus on developing synthetic imagery for AI/ML algorithm training is important for enhancing decision-making processes in complex military scenarios.

The collaboration leverages Brightline's expertise in spatial computing and synthetic data generation, which could lead to more efficient and cost-effective training methods for AI systems. This approach has the potential to accelerate the development of AI-powered military technologies while reducing reliance on real-world data collection, which can be time-consuming and resource-intensive.

For investors, this partnership signals Brightline's strong position in the defense technology sector and potential for future government contracts. The dual CRADAs with the Army and Navy demonstrate the company's growing influence in military AI applications, which could translate to increased revenue streams and market share in the rapidly evolving defense tech landscape.

The CRADA between Brightline and the U.S. Army's DEVCOM C5ISR Center is a strategic move in the evolving landscape of military AI. This collaboration addresses a critical need in modern warfare: the ability to rapidly train and assess AI/ML algorithms for various combat scenarios.

By focusing on synthetic imagery, Brightline is tapping into a high-demand area of defense technology. Synthetic data can significantly reduce the time and resources needed for AI training, potentially leading to faster deployment of advanced AI systems in the field. This could give the U.S. military a considerable edge in information processing and decision-making capabilities.

For Glimpse (NASDAQ:VRAR) shareholders, this agreement represents a potential long-term value driver. Success in this project could lead to expanded collaborations with other branches of the military and defense contractors, potentially boosting Glimpse's market position and financial performance in the defense sector.

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 / ACCESSWIRE / 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

FAQ

What is the purpose of Brightline Interactive's CRADA with the U.S. Army DEVCOM C5ISR Center?

The CRADA aims to develop, assess, and improve workflows for creating and augmenting synthetic imagery used in training and assessing AI and machine learning algorithms for military applications.

How might the Brightline-U.S. Army collaboration affect VRAR stock?

The collaboration could positively impact VRAR stock by demonstrating Brightline's capabilities, expanding its military partnerships, and potentially leading to new revenue streams in the defense sector.

What industries could benefit from Brightline's synthetic data generation technology?

According to the press release, Brightline's technology is expected to provide significant value across multiple industries, including industrial, media, and military sectors.

Does Brightline Interactive have any other military partnerships besides the U.S. Army CRADA?

Yes, the press release mentions that Brightline also has an existing CRADA with the U.S. Navy, in addition to the new agreement with the U.S. Army.

The Glimpse Group, Inc.

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