Tag Archives: immersive technology

Aero XR Solutions Awarded Seat on $32B Air Force TSA IV Contract in Unrestricted Category

ORLANDO, Fla. /ScoopCloud/ -- The United States Air Force (USAF) has awarded Aero XR Solutions "AXR" a prime contract position on the highly coveted Training Systems Acquisition IV (TSA IV) 10-year indefinite delivery/indefinite quantity (IDIQ) contract in the Unrestricted Pool. AXR Solutions, a dynamic joint venture between Cole Engineering Services, Inc. (CESI), a By Light company, and Specular Theory, is providing the USAF with unparalleled products and support by leveraging its collective knowledge and experience to deliver state-of-the-art solutions that enhance Warfighter readiness and training effectiveness. 

"AXR Solutions combines CESI's well-established engineering processes, which have been successfully implemented in various Department of Defense (DoD) programs, with Specular Theory's innovative immersive content creation pipeline rooted from the Hollywood Visual effect industry. This unique fusion allows us to deliver adaptive training that users love," explained Bob Donahue, CEO of By Light Professional IT Services LLC (By Light).

"This award represents a significant milestone for Specular Theory, and we are excited to expand our operations to the large unrestricted pool," said Ryan Pulliam, Cofounder, Specular Theory. "This achievement validates our capabilities and the immense value we bring to the aerospace industry."

For TSA IV, AXR will collaborate closely with the USAF to develop, modernize, and sustain state-of-the-art training systems that address the evolving needs of the Air Force's mission. AXR aims to revolutionize the way the USAF plans, trains, and executes its missions, offering groundbreaking solutions that redefine the boundaries of aerospace innovation. 

Specular Theory's innovative immersive training systems and courseware played a crucial role in securing this significant contract, enabling the JV to leverage XR technologies to drive transformation and deliver exceptional results.

"While we continue to innovate with our current offerings of immersive procedure trainers and lightweight simulators, this opportunity to reach a larger audience across the Air Force is a major win," detailed Morris May, Specular Theory CEO. "This contract award reinforces our position as a trusted leader in XR and showcases our dedication to excellence in every aspect of our partnership with the USAF."

Mike Chandler, Senior Vice President of Business Development for CESI further added, "The collaboration between our two highly capable companies provides the USAF with a 'Ready Now' service provider that offers low-risk solutions for sustaining and operating current Aircrew Training Systems. Moreover, we leverage cutting-edge technologies to transition towards the Air Force ATS 'Future Next' training capability. With CESI's track record and background in the DoD space, this partnership was the perfect combination for us and, more importantly, for the Air Force."

The TSA IV is a multiple award IDIQ contract vehicle with a potential ceiling of up to $32 billion over 10 years. AXR Solutions is one of 18 entities in the Unrestricted Pool, and one of 37 total entities to receive an award.

About By Light

By Light Professional IT Services LLC is an ISO 9001, 20000-1, and 27001 registered and CMMI-Dev Level 3 rated systems integrator that provides secure turnkey systems by incorporating exceptional engineering, project management, telecommunications, and cyber capabilities to safeguard mission success. Founded by industry professionals with extensive knowledge in DoD, DISA, and other U.S. Government agencies, By Light successfully implements technical solutions that integrate commercial best practices to meet the needs of the government. For more information, visit https://bylight.com/.

About CESI

Cole Engineering Services, Inc. (CESI), a By Light Company, is a premier provider of advanced training solutions and services. Since 2004, CESI has been at the forefront of developing, maintaining, and integrating simulation-based training, serious gaming, technical services, distributed training, and other support in live, virtual, constructive, and gaming (LVCG) domains. CESI also designs, builds, and runs infrastructure, platforms, applications, and processes that enable cyber training for the integrated multi-domain force. Our vision is to become a worldwide full spectrum LVCG and cyber training/analysis developer, integrator, and services provider. Learn more at https://coleengineering.com/.

About Specular Theory

Since its founding in 2013, Specular Theory has delivered the most commercially successful and critically acclaimed work in the immersive industry, winning more awards across more categories than any other company in the immersive XR Space. Specular Theory's immersive XR training capabilities now span over 7 aircraft and have won 8 SBIR Phase III sole-source contracts, including an AFWERX TACFI. Their training systems and products cover a range of areas, including academics, procedural trainers,

and lightweight part-task trainers. For more information about Specular Theory and its offerings, please visit https://www.speculartheory.com/.

The United States Air Force (USAF) has awarded Aero XR Solutions "AXR" a prime contract position on the highly coveted Training Systems Acquisition IV (TSA IV) 10-year indefinite delivery/indefinite quantity (IDIQ) contract in the Unrestricted Pool. AXR Solutions, a dynamic joint venture between Cole Engineering Services, Inc. (CESI), a By Light company, and Specular Theory, is providing the USAF with unparalleled products and support.

Related link: https://www.bylight.com/

Intellimedia Network’s Immersive Technology IP Acquired by Frontera Group

LOS ANGELES, Calif. /ScoopCloud/ -- Intellimedia Networks, Inc., a Los Angeles, California based immersive solutions technology company, today announced that certain of its IP has been acquired by Frontera Group, Inc. (OTC Pink: FRTG) ("Frontera" or "the Company"), a Dallas, Texas based technology-focused strategic acquirer of revenue-generating companies and intellectual property (IP), as part of its multi-part strategy to make further acquisitions from Intellimedia's suite of technology solutions.

This acquisition provides Frontera Group with a cutting-edge mix of media technology, learning platforms, and virtual event broadcasting technologies, positioning FRTG at the forefront of a new wave of immersive technology-powered content for a wide array of customers.

Intellimedia Networks has developed and positioned several multi-million-dollar IP assets focused on media, education, and virtual event broadcasting technologies suited for a variety of market verticals. The IP that Frontera has acquired includes immersive technologies using AR, VR, and interactive experiences that open doors to innovative ways to leverage information-sharing. This form of information sharing provides high-impact, context-sensitive experiences.

The 70/20/10 model for learning and development highlights that people learn from job-related experiences, as 70 percent of what people learn is experiential, compared with 20% learned from others and 10% through formal learning. FRTG's acquisition of Intellimedia's IP positions FRTG as a "knowledge enabler" supporting the "70%" of the experiential portion of learning.

"Intellimedia is thrilled with this M&A as our products and solutions are an ideal fit with the value-creation opportunity presented by Frontera. I believe our world-class solutions will continue to deliver exceptional value to customers, employees, and shareholders," said Darshan Sedani, President, and Co-founder of Intellimedia Networks.

"Our acquisition of Intellimedia Networks' IP places Frontera at the leading edge of the metaverse world of augmented reality, virtual reality, and interactive worlds that are poised to generate significant revenue in training and media technology applications. Frontera will participate in expanding a new mode of knowledge-sharing utilizing ROI-proven technologies," said Mr. Andrew De Luna, CPA, MBA, Interim Chief Executive Officer, Chief Financial Officer, and Vice Chairman of FRTG.

"We look forward to the growth and entry into new markets that the Frontera acquisition enables," said Teodros Gessesse, CEO and Co-founder of Intellimedia. "Our primary focus of developing platforms that deliver context-sensitive knowledge and information to our customers in media, training, and virtual event broadcasting will be greatly enhanced as a part of the Frontera Group."

Frontera's acquisition of Intellimedia Networks' IP provides FRTG with access to a broad market play for an accelerated entry into a NASDAQ listing. "We have a strategy to acquire and invest in companies that are the next wave of new technologies with a keen focus on applications that markets require and are ready to buy," said Mr. Mann Yam, Chairman of the Board of FRTG. "Intellimedia Networks has the intellectual property to get us into new and recurring revenue streams across several vertical markets."

About Frontera Group:

Frontera Group is a strategic acquirer of intellectual property and revenue-generating companies in the technology and human capital markets. It is developing and executing an aggressive, four-tier acquisition and implementation strategy intended to provide substantial increases in profitability to its acquisitions in industries which possess traditionally low and stagnant EBITDA multiples. The Company has identified and is currently pursuing several revenue-generating acquisition targets.

For further information, please visit Frontera's website at https://frtgtech.com/.

About Intellimedia Networks:

Intellimedia Networks is a US and India-based technology company that designs and deploys cloud platforms and applications that create immersive experiences. Intellimedia's award-winning products utilize AR, VR, and AI to enhance media, training, education, virtual event broadcasting, real estate, and other applications. For further information, please visit Intellimedia Networks' website at https://intellimedianetworks.com/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe eFRTG's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond FRTG's control, will affect actual Results. FRTG undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with FRTG's most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by FRTG.

Intellimedia Networks Press Contact

press@intellimedianetworks.com

Intellimedia Networks, Inc., a Los Angeles based immersive solutions technology company, today announced that certain of its IP has been acquired by Frontera Group, Inc. (OTC Pink: FRTG) ("Frontera" or "the Company"), a Dallas, Texas based technology-focused strategic acquirer of revenue-generating companies and intellectual property (IP), as part of its multi-part strategy to make further acquisitions from Intellimedia's suite of technology solutions.

Related link: https://intellimedianetworks.com/

IntelliMedia Networks’ HoloPort and Mixie shortlisted for 2019 NAB Show Product of the Year Awards

LAS VEGAS, Nev. /ScoopCloud/ -- Leading enterprise video solutions provider company IntelliMedia Networks' two products have been shortlisted for 2019 NAB Show Product of the Year Awards.

The 18-year old media solutions company based out of Los Angeles, provides IP video delivery and streaming media solutions. It has been providing enterprise media solutions to many Fortune 500 companies. But it's not limited to it and also provides solutions for start-ups and small and medium broadcasters as well.

IntelliMedia is now taking further its expertise in enterprise media solutions to the domain of immersive realities. It is now blending the real with the imaginary in a hyper-realistic environment.

Two of the three products it is launching this year to provide solutions for intelligent video and enterprise VR, Mixie and Holoport, have been shortlisted for the coveted award. The third product is Video AI.

THESE PRODUCTS ARE:

Holoport:
One of its Award nominated products, Holoport, is a hyper reality streaming solution that provides customized high impact immersive training and visualization applications.

It also lets users experience 360-degree walkthroughs with integrated AR elements. A user can experience volumetric video within this virtual environment. From hyper-realistic graphics that respond to user's presence to specialized audio that lets one hear sounds from many directions, Holoport facilitates it all!

This solution is extremely useful for event organizers, sports leagues, broadcasters, education and businesses.

Mixie:
It is a live encoding app (iOS) with real-time graphics overlay, which facilitates streaming of professional quality live videos simultaneously on multiple platforms. Mixie helps the new content creators with a simpler and quicker solution to publish their stories.

This product is highly recommended for sports and live event broadcasting like consumer broadcasting for social media. It's a must for organizers of the events to broadcast graduations, seminars and keynote addresses, corporate presentations, announcements and sales communications, faith-based event broadcasting and special services.

Video AI:
This is a real-time image recognition software for videos that recognizes every frame and extracts intelligent insights. Video AI can process video in real-time to recognize objects, emotions, expressions and gender to name a few areas that it's powerful AI is capable of.

This product is highly useful in the areas of security and surveillance, media and entertainment, enterprise broadcasts, corporate training and education.

About IntelliMedia:
IntelliMedia Networks, Inc is an ISO 9001:2015 certified U.S. based company committed to the delivery of world-class media delivery solutions for its customers worldwide. It has a proven track record of delivering quality solutions on time and within budget.

A highly flexible and service-oriented company, IntelliMedia has registered an average annual growth rate of over 90 percent. Darshan Sedani (President) and Teodros Gessesse (CEO) are the founders.

More information: https://intellimedianetworks.com/

VIDEO (YouTube):
https://youtu.be/USUxOteKV5M

Leading enterprise video solutions provider company IntelliMedia Networks' two products have been shortlisted for 2019 NAB Show Product of the Year Awards. The 18-year old media solutions company based out of Los Angeles, provides IP video delivery and streaming media solutions.

Related link: https://intellimedianetworks.com/