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XRApplied Technologies Inc. (CSE: XRA) announced a partnership with Haibu World, a children's entertainment group, to produce augmented reality (AR) and virtual reality (VR) experiences. The partnership includes a revenue-sharing model for online sales and aims to launch a new mobile app featuring educational AR games and content based on the Haibu brand in early 2022. Both companies view this collaboration as a means to promote conservation education through technology. A definitive agreement is expected to be finalized by the end of the year.
XRApplied Technologies Inc. has announced that OTC Markets accepted its updated corporate profile, and FINRA has assigned the symbol XRAPF. Trading under this new symbol commenced on November 8, 2021. The company focuses on immersive technology solutions, particularly AR/VR e-commerce applications, and aims to leverage opportunities presented by the growing interest in the metaverse, particularly after Facebook's rebranding to Meta.
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