Connect with us

Hi, what are you looking for?


Operator XR – Sales Update

xReality Group Limited (“XRG” or the “Company”)is pleased to provide 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.


Sales of $1.93m in the month of May12 new customers won during the monthSecond Australian Defence Force SaleYTD Contract Value increase of 261% this month to $2.66mAnnual Recurring Revenue Increased by 107% this month to $1.26m

Operator XR bolstered its US operations and sales team in late November 2023 and has strategically focused its direct sales activities on the Law Enforcement market, while ongoing development of the military segment occurs around the world.

Year to date total contract value has more than doubled during the month of May resulting in an Annual Recurring Revenue increase of 107% for the month to $1.26m.

New Australian Defence Force Sale

On the 22nd of May 2024 the company received a Purchase Order from the Australian Defence Force for the delivery of two systems with a 3-year licence, further details of the sale are commercial in confidence. The second purchase of the Operator XR system is unrelated to the ongoing trial that remains underway with the wider Australian Defence Force.

New Law Enforcement Customers in the USA

During the month of May, Operator XR has received orders from 11 individual agencies in the US. The customers include Police Departments in Oregon, Maryland, Alaska, Texas, Florida, Ohio, Arkansas, Indiana, and a training organisation based in California.

Click here for the full ASX Release

This post appeared first on

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    Britain’s Prince and Princess of Wales have released a new photo of Prince Louis to mark his sixth birthday on Tuesday, the first image...


    Overview Energy Fuels( TSX:EFR, NYSE:UUUU) has been the largest producer of uranium and vanadium in the United States and an emerging producer of rare...

    Editor's Pick

    There is no trial in recent history, or possibly all of American history, that can rival the one underway in Lower Manhattan. For the...

    Latest News

    President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024